DAYTONA BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Bridge Specialty Group, LLC (“Bridge Specialty”) is very pleased to welcome Public Entities of America, LLC (“PEA”) to its team of niche-focused, wholesale entities. PEA is a leading brokerage agency working exclusively in the public sector and risk management marketplace. PEA teammates will join the team at Apex Insurance Agency, LLC (“Apex”) and work alongside leaders Michelle Hill, Apex vice president, and Karl Snearer, Apex president and regional lea ...

DAYTONA BEACH, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Bridge Specialty Group, LLC (“Bridge Specialty”) is very pleased to welcome Public Entities of America, LLC (“PEA”) to its team of niche-focused, wholesale entities. PEA is a leading brokerage agency working exclusively in the public sector and risk management marketplace. PEA teammates will join the team at Apex Insurance Agency, LLC (“Apex”) and work alongside leaders Michelle Hill, Apex vice president, and Karl Snearer, Apex president and regional lea ...

Brown & Brown, Inc. (BRO) is well poised for growth, banking on higher core commissions and fees, new business, solid retention, rate increases, strategic acquisitions, a strong financial position and effective capital deployment.BRO’s total shareholder return has outperformed its peer group and the S&P 500 in the last five years. The 10-year average total shareholders' return was 399%.Zacks Rank and Price PerformanceShares of this Zacks Rank #2 (Buy) insurance broker have rallied 23% year to date, outperfo ...

Brown & Brown (BRO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this insurance company have returned -3.3% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Insurance - Brokerage industry, to which Brown & Brown belongs, has lost 5.6% over this period. Now the key question is: Where could the stock be headed in the near term?While med ...

on Form 10-Q contains the information concerning the evaluation referred to in the Section 302 Certifications and this information should be read in conjunction with the Section 302 Certifications for a more complete understanding of the topics presented. 36 PART II ITEM 1. Legal Proceedings In Item 3 of Part I of the Company's Annual Report on Form 10-K for its fiscal year ended December 31, 2023, certain information concerning litigation claims arising in the ordinary course of business was disclosed. Suc ...

RLI Corp. (RLI) reported first-quarter 2024 operating earnings of $1.89 per share, beating the Zacks Consensus Estimate as well as the year-ago number by 16%.The quarterly results reflected continued premium growth across all product segments.Operational PerformanceOperating revenues for the reported quarter were $394 million, up 17.6% year over year, driven by 17% higher net premiums earned and 21.3% higher net investment income. The top line, however, missed the Zacks Consensus Estimate by 0.1%.Gross prem ...

Brown & Brown, Inc. (NYSE:BRO) Q1 2024 Results Conference Call April 23, 2024 8:00 AM ET Robert Cox - Goldman Sachs Gregory Peters - Raymond James Michael Zaremski - BMO Capital Markets Mark Hughes - Truist Securities Elyse Greenspan - Wells Fargo Jing Li - KBW Brian Meredith - UBS Grace Carter - Bank of America Scott Heleniak - RBC Capital Markets Michael Ward - Citi Good morning, and welcome to Brown & Brown Inc.'s First Quarter Earnings Conference Call. Today's call is being recorded. Actual results or e ...

Brown & Brown, Inc.’s (BRO) first-quarter 2024 adjusted earnings of $1.14 per share beat the Zacks Consensus Estimate by 6.5%. The bottom line increased 18.7% year over year.The quarterly results reflected strong organic growth, improved EBITDAC margin and higher commission and fees, partly offset by higher expenses.Q1 DetailsTotal revenues of $1.25 billion beat the Zacks Consensus Estimate by 3.8%. The top line improved 12.7% year over year. The upside can be primarily attributed to commission and fees, wh ...

Brown & Brown (BRO) reported $1.26 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 12.7%. EPS of $1.14 for the same period compares to $0.84 a year ago.The reported revenue represents a surprise of +3.91% over the Zacks Consensus Estimate of $1.21 billion. With the consensus EPS estimate being $1.07, the EPS surprise was +6.54%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Exhibit 99.1 Brown & Brown, Inc. announces first quarter 2024 results, including total revenues of $1,258 million, an increase of 12.7%; Organic Revenue growth of 8.6%; diluted net income per share of $1.02; Diluted Net Income Per Share - Adjusted of $1.14; and a quarterly dividend of $0.13 per share J. Powell Brown, President and Chief Executive Officer of the Company, noted, "Our teammates delivered strong organic revenue growth and margin expansion in the first quarter of 2024. We are very pleased with t ...