Recent Updates — BRO

Brown & Brown announced third-quarter 2026 financial results showing total revenues of $1.7 billion, a 7.4% increase from the prior year period. Diluted net income per share was $0.67, down 1.5%, while adjusted diluted EPS rose 1.9% to $1.07. For the first nine months, revenue reached $5.3 billion, up 23.4%, with net income of $954 million and adjusted EPS of $3.52. The company operates in the insurance brokerage industry.

Brown & Brown, Inc. announced that director Bronislaw E. Masojada resigned immediately from the Board and its Audit and Compensation Committees due to his election as the 698th Lord Mayor of the City of London, effective November 2026. The company stated the departure was not related to any disagreements regarding operations or policies. Brown & Brown operates in the insurance brokerage industry.

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.