DAYTONA BEACH, Fla., Feb. 17, 2026 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Bender, the owner of The Protectorate Group Insurance Agency, Inc., doing business as American Adventure Insurance (“American Adventure”), today announced that Brown & Brown Dealer Services (“BBDS”) has acquired the assets of American Adventure. American Adventure specializes in providing insurance solutions at the dealership for all types of vehicles, including motor ...

Brown & Brown, Inc., an insurance brokerage and risk management firm, announced that Dorothea Henderson has been appointed as its Chief Information Technology Officer.In this role, she will direct the company’s enterprise technology strategy and oversee efforts to expand digital capabilities and enhance the technology experience for teammates and customers alike.Henderson will partner with segment and functional leaders to improve teammate tools and processes, advance a companywide data and artificial intel ...

来源：贩财局 AI的冲击波真不是闹着玩的，最近几天一个行业一个行业地排队枪毙，让人冷汗直冒。 软件股（第一波冲击） Adobe：跌了 25% Atlassian：跌了 47% Intuit：跌了 40% Workday：市值蒸发三分之一 Salesforce：跌了约 30% 逻辑：以前大家都觉得AI是给软件公司打工的，能帮它们把产品做得更牛。结果Anthropic那工具一出 来，大家突然发现不对路，AI自己就能写代码、搞数据分析，还要你软件干啥？ 直接毁灭吧。。。。 保险经纪（第二刀：报价比人还精） 韦莱韬悦 (Willis Towers Watson)：跌了 15% 怡安 (Aon)：跌了 9% Arthur J. Gallagher：跌了 15% 逻辑：周一Insurify那工具一亮相，保险经纪直接腿软。以前他们靠啥吃饭？信息差。客户得求着你给 算保费。 现在AI几秒钟能算出几十家公司的底价，比自己找的还便宜。那谁还傻乎乎找经纪？这一刀，砍在饭 碗上了。 财富管理（第三刀：割到最核心的韭菜） 嘉信理财 (Charles Schwab)：跌超 7% LPL Financial：跌超 7% Raymond J ...

Wall Street is in the grip ofdisruption worries from AI. It first started with ​investorsdumping shares of software companies but soon spread to sectorsseen as vulnerable to automation, driving sharp losses in U.S.stocks this week.The AI scare ‌trade did not spare even sectors such asprivate credit, real estate brokers, data analytics, legalservices and ​insurers.Global tech stocks took the hit after Anthropic unveiled alegal AI plug-in. But soon the investor unease ⁠deepenedfollowing a flurry of AI model u ...

Brown & Brown, Inc. (NYSE:BRO) is included among the 13 Cheapest Dividend Aristocrats to Invest in. Brown & Brown (BRO) Announces Accelerated Share Repurchase, Flags Evolving Market Trends On February 12, Brown & Brown, Inc. (NYSE:BRO) announced the launch of a $250 million accelerated share repurchase program with Bank of America, N.A. The move falls under the company’s broader $1.5 billion share buyback authorization that the board approved on October 22, 2025. A day earlier, on February 11, the compa ...

It's the Insurance Agent vs. the AI Superagent - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# There's a new Wall Street battle: The Insurance Agent vs. the AI SuperagentBy [Bill Alpert]ShareResize---Reprints(Dreamstime)Insurance brokerage ...

Brown & Brown, Inc., an insurance brokerage and risk management services firm, has released its 2026 Market Trends report, providing a detailed assessment of developments across the insurance landscape and notes that rate conditions in several areas are beginning to move in a more favourable direction for buyers who approach renewals with careful preparation and maintain strong claims performance.At the same time, the report identifies sectors and product lines where pricing is expected to remain elevated a ...

Core Viewpoint - Brown & Brown, Inc. has initiated an accelerated share repurchase program for $250 million as part of a larger $1.5 billion share repurchase authorization [1] Group 1: Share Repurchase Program - The company has entered into an accelerated share repurchase program (ASR) with Bank of America, N.A. for $250 million of its common stock [1] - This ASR is part of a board-approved share repurchase authorization totaling $1.5 billion, which was announced on October 22, 2025 [1] Group 2: Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm that has been providing comprehensive and customized insurance solutions since 1939 [2] - The company operates globally with over 700 locations and employs more than 23,000 professionals [2] - Brown & Brown is committed to delivering scalable and innovative strategies for its customers throughout their growth journey [2]

Core Viewpoint - The wealth-management industry is facing significant disruption from AI technologies, leading to a selloff in related stocks as investors express concerns about the potential impact on traditional business models and fee structures [1][5][12]. Group 1: Market Reactions - The recent selloff in wealth-management stocks was triggered by the introduction of an AI tool by Altruist Corp., which helps financial advisers personalize strategies for clients [11][12]. - Major companies like Raymond James Financial Inc. and Charles Schwab Corp. experienced significant declines, with Raymond James dropping 8.8% and Charles Schwab sinking 7.4%, marking their worst days since March 2020 and April respectively [11][12]. - The S&P 500 insurance index fell 3.9% on Monday, its worst session since October, before rebounding by 0.8% the following day [9][12]. Group 2: Analyst Insights - Analysts express high uncertainty regarding the future of companies in the wealth-management sector, with UBS analyst Michael Brown noting the difficulty in predicting the next 12 to 24 months [2][12]. - Concerns about AI disrupting financial advice and wealth-management models are prevalent, with analysts highlighting fears of fee compression and market-share shifts [5][12]. - Some analysts, like Wilma Burdis from Raymond James Financial Inc., argue that the selloff may be overblown, emphasizing that clients still prefer human advisors for trust [8][12]. Group 3: Industry Developments - Executives from major asset management firms, including Blackstone and Apollo Global Management, are actively addressing investor concerns about AI's potential to disrupt their businesses [5][12]. - New startups like Rogo Technologies and Hebbia are emerging, aiming to leverage AI to enhance financial services and improve efficiency [10][12]. - Leading AI developers, including OpenAI, are expanding their offerings in the financial sector, indicating a growing intersection between AI technology and financial services [11][12].

Independent Lloyd’s broker MNK International has set up a new operation in São Paulo, marking its entry into Brazil’s insurance sector. The group said this would support work across areas such as engineering, financial lines, large industrial risks, marine, oil and gas, property and other complex exposures. MNK International Brazil will sit within MNK Group, which is based in London. Through the group, the Brazilian unit will be able to draw on a wider international network that includes managing gener ...