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Brown & Brown, Inc. acquires the assets of The Canopy Group
GlobeNewswire News Room· 2024-10-03 10:30
DAYTONA BEACH, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Borchert and Jeff McDonald, principals of The Canopy Group, Inc., today announced that a subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group. The Canopy Group is a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le Sueur, Minnesota, The Canopy Group serves ove ...
Brown & Brown, Inc. announces 2024 third-quarter earnings release and conference call dates
GlobeNewswire News Room· 2024-09-30 21:00
DAYTONA BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 third-quarter earnings on Monday, October 28, 2024, after the close of the market. On Tuesday, October 29, 2024, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's third-quarter 2024 financial results. You ...
Brown & Brown, Inc. announces senior leadership team appointments
GlobeNewswire News Room· 2024-09-16 21:00
DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing m ...
Brown & Brown Stock Rallies 43.7% YTD: More Room for Upside?
ZACKS· 2024-09-13 14:51
Shares of Brown & Brown, Inc. (BRO) have rallied 43.7% year to date (YTD), outperforming the industry's 33% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector's return of 16.3% and 12%, respectively, in the same time frame. With a market capitalization of $29.14 billion, the average volume of shares traded in the last three months was 1.14 million. Currently priced at $102.17, the stock is a little below its 52-week high of $106.02. BRO Outperforms Industry, Sector & S& ...
Brown & Brown, Inc. included on the 2024 Fortune Best Workplaces in Financial Services & Insurance™ list for the fifth consecutive year
GlobeNewswire News Room· 2024-09-12 10:30
DAYTONA BEACH, Fla., Sept. 12, 2024 (GLOBE NEWSWIRE) -- J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are proud to announce that Brown & Brown, Inc. ("Brown & Brown") and our team of companies have been selected by Great Place To Work® and Fortune for the prestigious 2024 Fortune Best Workplaces in Financial Services & Insurance™ List for the fifth consecutive year. "Our unique culture puts our team, customers and communities first—and differentiates us from ...
Why Is Brown & Brown (BRO) Up 4.9% Since Last Earnings Report?
ZACKS· 2024-08-21 16:30
It has been about a month since the last earnings report for Brown & Brown (BRO) . Shares have added about 4.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Brown & Brown due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Brown & Brown Q2 Earnings Beat Estimates, ...
These 3 Insurance Stocks are Crushing the Market (BRO, PGR, AJG)
ZACKS· 2024-08-13 19:36
It has been a rather wild few weeks in the market, with the broad stock indexes experiencing the sharpest correction so far this year. Although stocks have bounced back aggressively following last week's sell off, there is still some uncertainty on the horizon. Amidst this volatility, one sector has stood out and shown considerable resilience even after outperforming all year. Insurance stocks held up exceptionally well during the sell-off and continue to lead the market higher today. Additionally, the Insu ...
Brown & Brown (BRO) Gains 40% YTD: Will the Rally Last?
ZACKS· 2024-08-13 14:00
Brown & Brown, Inc.'s (BRO) shares have jumped 40% year to date (YTD) compared with the industry's growth of 20.6%. The Finance sector and the Zacks S&P 500 composite have risen 7.7% and 12.3%, respectively, in the same time frame. With a market capitalization of $28.61 billion, the average volume of shares traded in the last three months was 1.17 million. Image Source: Zacks Investment Research The rally was largely driven by higher core commissions and fees, new business, solid retention, rate increases, ...
Stephen P. Hearn named to Brown & Brown, Inc. board of directors
GlobeNewswire News Room· 2024-08-12 10:45
DAYTONA BEACH, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces the addition of insurance industry veteran Stephen ("Steve") P. Hearn to Brown & Brown's board of directors. H. Palmer Proctor, Jr., Brown & Brown's lead independent director and chair of the Nominating/Corporate Governance Committee of Brown & Brown's board of directors, said, "Steve has established himself as a fixture in the London insurance marketplace, having grown and led several successful international b ...
Brown & Brown (BRO) Is Up 7.26% in One Week: What You Should Know
ZACKS· 2024-07-30 17:00
Below, we take a look at Brown & Brown (BRO) , a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. Set to Beat the Market? For BRO, shares are up 7.26% over the past week while the Zacks Insurance - Brokerage industry is up 5.38% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 10.72% compares favorably with the ind ...