Core Insights - Wright National Flood Insurance Company is acquiring the assets of Poulton Associates LLC, which will position it as the largest provider of flood insurance in the United States [3][4]. Company Overview - Wright Flood is a subsidiary of Brown & Brown Inc. and operates within Arrowhead Programs [1]. - Poulton Associates, founded in 1989 and based in Salt Lake City, specializes in private flood insurance through its National Catastrophe Insurance Program (NCIP) [3]. Transaction Details - The acquisition is expected to close in November 2025, pending certain conditions [3]. - The combined entity will offer the largest and most comprehensive flood insurance products in the market [5]. Strategic Benefits - The merger aims to enhance value for customers by combining the strengths of both organizations, which share a similar culture and focus on comprehensive flood insurance [4][5]. - The collaboration is anticipated to increase the number of properties covered by flood insurance, providing critical solutions for policyholders facing flood risks [5][6].

Core Insights - Wright National Flood Insurance Company has announced the acquisition of Poulton Associates LLC, making it the largest provider of flood insurance in the United States. The transaction is expected to close in November 2025, pending certain conditions [1][2]. Company Overview - Wright Flood is recognized as the leading provider of federal flood insurance with 40 years of industry experience and a strong commitment to supporting agents and policyholders [2][4]. - Poulton Associates, based in Salt Lake City, has been a leader in risk services since 1989 and operates the web platform www.CATcoverage.com, offering various insurance products including the National Catastrophe Insurance Program (NCIP) [2][3]. Strategic Implications - The acquisition is expected to enhance the combined offerings of Wright Flood and Poulton, providing a more comprehensive flood insurance solution to policyholders and increasing the number of properties covered [3][4]. - Both companies share a similar culture and focus on delivering value to customers, which is anticipated to create a stronger foundation for future flood insurance solutions [3][4]. Market Position - The merger positions Wright Flood and Poulton as the largest and most comprehensive flood insurance providers in the market, addressing the critical needs of policyholders facing flood risks [3][4].

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Core Points - Brown & Brown, Inc. has declared a quarterly cash dividend of $0.165 per share, marking a 10% increase from the previous dividend of $0.15 per share, and this is the company's 32nd consecutive annual dividend increase [1] - The board has authorized the purchase of up to an additional $1.25 billion of the company's outstanding common stock, bringing the total authorized repurchase amount to approximately $1.5 billion [2] - The company operates as a leading insurance brokerage firm with over 700 locations and a workforce of more than 23,000 professionals, providing customized insurance solutions since 1939 [3]

Core Insights - Analysts project that Brown & Brown (BRO) will report quarterly earnings of $0.90 per share, reflecting a year-over-year decline of 1.1%, while revenues are expected to reach $1.51 billion, marking a 27% increase from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised downward by 1.3% in the past 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [3] Revenue Metrics - Analysts project 'Revenues- Investment income' to be $32.98 million, a 6.4% increase from the prior-year quarter [5] - 'Revenues- Commissions and fees' are expected to reach $1.47 billion, reflecting a 27.4% increase year-over-year [5] - The average prediction for 'Total revenues- Other' is $26.15 million, indicating a 24.5% year-over-year change [5] Stock Performance - Over the past month, shares of Brown & Brown have decreased by 4.2%, contrasting with the Zacks S&P 500 composite's increase of 1.1% [6] - Currently, BRO holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [6]

Core Viewpoint - Brown & Brown (BRO) is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2025, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for October 27, and if the reported figures exceed expectations, the stock may experience an upward movement; conversely, missing expectations could lead to a decline [2]. - The consensus estimate for quarterly earnings is $0.90 per share, reflecting a year-over-year decrease of 1.1%, while revenues are projected to reach $1.51 billion, marking a 27% increase from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.34%, indicating a reassessment by analysts regarding the company's earnings outlook [4]. - The Most Accurate Estimate for Brown & Brown is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.30%, suggesting a bullish sentiment among analysts [12]. Earnings Surprise History - In the last reported quarter, Brown & Brown was expected to post earnings of $0.99 per share but exceeded this with actual earnings of $1.03, achieving a surprise of +4.04% [13]. - The company has beaten consensus EPS estimates in three out of the last four quarters, indicating a strong track record of positive surprises [14]. Investment Considerations - While a potential earnings beat may influence stock movement, other factors can also affect investor sentiment, leading to stock price changes regardless of earnings performance [15]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 suggests that Brown & Brown is a compelling candidate for an earnings beat, although investors should consider additional factors before making investment decisions [10][12][17].

Steve Hearn has been named as President of the Retail segment at insurance brokerage firm Brown & Brown, Inc. , a new role he will hold while continuing his responsibilities as the company’s Chief Operating Officer (COO).His appointment is a strategic decision to ensure business continuity and accelerate growth across the firm’s retail operations, both in the US and internationally.Powell Brown, President and Chief Executive Officer, commented: “Steve is an ideal choice to execute our playbook that is desig ...

Core Insights - Brown & Brown, Inc. has appointed Steve Hearn as president of the Retail segment while he continues as chief operating officer, a strategic move aimed at ensuring business continuity during a significant growth phase [1][2] Leadership and Strategy - Steve Hearn is recognized for his 35-year industry experience and is expected to drive excellence, scale, and maintain a market-leading position for the retail business, facilitating U.S. and international growth [2][3] - Hearn will work with an enhanced Retail senior leadership team to expand and optimize the global Retail platform, focusing on delivering innovative solutions and enhancing capabilities for customers and stakeholders [3] Operational Focus - Hearn will split his time between the UK and the U.S., with plans for a full relocation to Daytona Beach, Florida, pending work visa approvals, to support global Retail operations [4] - The previous president of the Retail segment, Barrett Brown, is currently on a personal leave of absence [4] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm with over 700 locations and a workforce of more than 23,000 professionals, dedicated to providing customized insurance solutions since 1939 [5]

Brown & Brown (NYSE: BRO ) is an insurance broker I've covered twice and previously rated a Hold. Both times I felt it was a solid company but already priced for all of its growth.I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.Analyst’s Disclosure:I/we have no stock, optio ...

Core Viewpoint - Brown & Brown (NYSE: BRO) is recognized as a solid insurance broker, but its stock is perceived to be fully priced for growth, leading to a previous rating of Hold [1]. Company Analysis - The analysis is based on value investing principles, emphasizing an owner's mindset and a long-term investment horizon [1]. - The author does not engage in short selling or provide sell recommendations, indicating a focus on long-term value rather than short-term market fluctuations [1]. Analyst's Position - The analyst has no current stock or derivative positions in Brown & Brown or any mentioned companies, nor plans to initiate any within the next 72 hours [2]. - The article reflects the analyst's personal opinions and is not influenced by compensation from any company mentioned [2].