Brown & Brown, Inc. announced that P. Barrett Brown voluntarily resigned as Executive Vice President and former President of the Retail Segment on August 10, 2026, for good reason. He will remain employed through July 31, 2027, to provide transition services while receiving his $1,000,000 annual base salary plus a potential $1,300,000 bonus contingent on performance. The agreement includes a $130,000 lump sum for professional expenses and $2,500,000 in severance pay, distributed in two installments of $1,250,000 in August 2027 and August 2028. These payments are subject to continued employment through the transition period and execution of a release of claims. Brown & Brown, Inc. operates as an insurance brokerage firm providing risk management solutions.

Brown & Brown, Inc. reported second quarter 2026 results, achieving a total revenue of $1.7 billion, a 30.4% increase compared to the prior year. Diluted net income per share of $0.84, an increase of 7.7%, and adjusted diluted net income per share of adjusted $1.07, or a 3.9% increase. Brown & Brown, Inc. operates in the insurance brokerage industry and provides various insurance and risk management services.

Brown & Brown, Inc. shareholders approved an amendment to the company's 2019 Stock Incentive Plan, increasing the number of shares available for issuance by 6,900,000 and extending the plan's term. During the same annual meeting, shareholders also elected the company's board of directors and ratified Deloitte & Touche LLP as independent registered public accountants.

Brown & Brown, Inc. announced its financial results for the first quarter ended March 31, 2026, in a press release issued on April 27, 2026. This filing is material to investors as it signals the release of the company's most recent quarterly operational and financial performance data.