Key Developments: Brown & Brown Inc (BRO)

BRO on New York Consolidated

31.13USD
29 Jul 2014
Price Change (% chg)

$-0.47 (-1.49%)
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Latest Key Developments (Source: Significant Developments)

Brown & Brown Inc announces quarterly cash dividend
Friday, 18 Jul 2014 02:12pm EDT 

Brown & Brown Inc:Declares a regular quarterly cash dividend of $0.10 per share.Payable on Aug. 13 to shareholders of record on Aug. 8.  Full Article

Brown & Brown Inc's Brown & Brown of New York Inc announces asset acquisition of Gaston & Associates Inc
Tuesday, 10 Jun 2014 10:23pm EDT 

Brown & Brown Inc:Says that Brown & Brown of New York Inc, a subsidiary of Brown & Brown Inc, has acquired certain assets of Gaston & Associates, Inc.Terms of acquisition were not disclosed.  Full Article

Brown & Brown Inc completes acquisition of Wright Insurance Group, LLC
Tuesday, 20 May 2014 04:10pm EDT 

Brown & Brown Inc:Announced the completion of the previously-announced acquisition by merger of The Wright Insurance Group, LLC ( TWIG ).  Full Article

Brown & Brown Inc announces asset acquisition of Axia Strategies, Inc
Tuesday, 13 May 2014 11:00pm EDT 

Brown & Brown Inc:Says that Axiom Re, LP, an indirect subsidiary has acquired certain assets of Axia Strategies, Inc.The terms of the transaction were not disclosed.  Full Article

Brown & Brown Inc announces the asset acquisition of Agency Management Corporation and Recreation Protection Management, Inc
Monday, 12 May 2014 06:01pm EDT 

Brown & Brown Inc:Says Brown & Brown of Kentucky, Inc., subsidiary of Brown & Brown, Inc., has acquired certain assets of AMC and RPI.  Full Article

Brown & Brown Inc's subsidiary enters agreement to acquire Pacific Resources Benefits Advisors, LLC
Thursday, 24 Apr 2014 07:08pm EDT 

Brown & Brown Inc:Says that it's subsidiary has entered into an asset purchase agreement to acquire substantially all of the operating assets of PacRes.Ă‚.Transaction is expected to close in May 2014.Terms of the transaction were not disclosed.  Full Article

Brown & Brown Inc announces quarterly cash dividend
Thursday, 24 Apr 2014 10:53am EDT 

Brown & Brown Inc:Declared a regular quarterly cash dividend of $0.10 per share.Payable on May 14, to shareholders of record on May 6.  Full Article

Brown & Brown Inc enters into credit agreement - Form 8-K
Tuesday, 22 Apr 2014 06:01am EDT 

Brown & Brown Inc:Enters into a credit agreement.Agreement provides for an unsecured revolving credit facility in the initial amount of $800 mln and unsecured term loans in the initial amount of $550 mln, either or both of which may, subject to lenders’ discretion, potentially be increased up to an aggregate amount of $1.85 bln.Facility terminates on April 16, 2019, but either or both of the revolving credit facility and the term loans may be extended for two additional one-year periods at the request of the company and at the discretion of the respective lenders.  Full Article

Brown & Brown Inc announces selection of new executive vice president, treasurer and future chief financial officer R. Andrew Watts
Monday, 17 Feb 2014 11:31am EST 

Brown & Brown Inc:Appoints R. Andrew Watts as executive vice president, treasurer and chief financial officer.Watts, will replace the current chief financial officer, Cory Walker, in March 2014, upon Walker's previously announced retirement following the filing of the company's 2013 Annual Report on Form 10-K.Watts will be based in Daytona Beach, Florida, and will report to J. Powell Brown, the company's president and chief executive officer.  Full Article

Brown & Brown Inc announces quarterly cash dividend
Wednesday, 22 Jan 2014 12:24pm EST 

Brown & Brown Inc:Says that the Board of Directors has declared a regular quarterly cash dividend of $0.10 per share.Says the dividend is payable on Feb. 19, 2014 to shareholders of record on Feb. 5, 2014.  Full Article

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