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Brown & Brown Inc (BRO)

BRO on New York Consolidated

43.63USD
18 Aug 2017
Change (% chg)

$0.26 (+0.60%)
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Latest Key Developments (Source: Significant Developments)

Brown & Brown announces entry into accelerated share repurchase program
Tuesday, 15 Aug 2017 07:00am EDT 

Aug 15 (Reuters) - Brown & Brown Inc :Brown & Brown Inc announces entry into accelerated share repurchase program.Brown & Brown Inc - ‍has entered into an accelerated share repurchase program (ASR) for up to $50 million of company's common stock​.Brown & Brown Inc - ‍ASR is part of company's board-approved $400 million share repurchase authorization announced on July 20, 2015​.  Full Article

Brown & Brown announces the asset acquisition of Shenkel Insurance Agency
Monday, 14 Aug 2017 07:00am EDT 

Aug 14 (Reuters) - Brown & Brown Inc :Brown & Brown, Inc. announces the asset acquisition of Shenkel Insurance Agency, Inc..Brown & Brown Inc - ‍Announced that Brown & Brown of Massachusetts, LLC, has acquired substantially all of assets of Shenkel Insurance​.  Full Article

Brown & Brown announces the asset acquisition of Clairmont Financial Group
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Brown & Brown Inc :Brown & Brown, Inc. announces the asset acquisition of Clairmont Financial Group.  Full Article

Brown & Brown enters into an amended and restated credit agreement
Wednesday, 28 Jun 2017 05:32pm EDT 

June 28 (Reuters) - Brown & Brown Inc -:Brown & Brown Inc - on June 28, 2017 co entered into an amended and restated credit agreement.Brown & Brown - amended & restated agreement extends applicable maturity date in respect of existing revolving credit facility of $800 million to June 28, 2022.Brown & Brown-amended & restated agreement re-evidences unsecured term loans in amount of $400 million & extends applicable maturity date to june 28, 2022.  Full Article

Brown & Brown announces asset acquisition of Spann Insurance Agency
Tuesday, 20 Jun 2017 06:50am EDT 

June 20 (Reuters) - Brown & Brown Inc ::Brown & Brown Inc announces the asset acquisition of Spann Insurance Agency.Brown & Brown Inc - Spann Insurance will transition into co's center in Brentwood, Tennessee.  Full Article

Brown & Brown acquries assets Tricoast Insurance Services
Monday, 19 Jun 2017 07:00am EDT 

June 19 (Reuters) - Brown & Brown Inc :Brown & Brown, Inc. announces the asset acquisition of Tricoast Insurance Services, Llc.Brown & Brown - Tricoast Insurance assets will become a part of co's unit, operating under direction of Steve Bouker, executive vice president of co's unit.Brown & Brown - Craig Justice will continue to partner with co's unit to bring specialty catastrophe insurance products, other arrowhead products to agents and insureds.  Full Article

Brown & Brown reports Q1 earnings per share $0.49
Monday, 17 Apr 2017 05:55pm EDT 

April 17 (Reuters) - Brown & Brown Inc -:Brown & Brown Inc announces quarterly revenues of $465.1 million, an increase of 9.6%; earnings per share of $0.49, an increase of 11.4%; and a quarterly dividend of $0.1350 per share.Q1 earnings per share $0.49.Q1 revenue rose 9.6 percent to $465.1 million.Q1 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.Qtrly adjusted earnings per share $0.43.  Full Article

Brown & Brown enters settlement agreement with Assuredpartners
Thursday, 2 Mar 2017 06:33am EST 

Brown & Brown Inc : Brown & Brown -on March 1, co entered a settlement agreement with Assuredpartners, certain of its employees, former employees of company - SEC filing . Brown & Brown Inc - also pursuant to terms of settlement agreement, assured parties paid company sum of $20 million on effective date . Brown & Brown Inc - pursuant to terms of settlement agreement, all claims and counterclaims asserted in litigation will be dismissed with prejudice . Brown & brown - Agreement to settle litigation regarding claims of co against assured relating to violations of post-employment restrictive covenants .Brown & brown - For 6 months after effective date, assured parties to not seek to induce, co's employee for employment by assured party in capacity.  Full Article

Brown & Brown posts quarterly revenues of $446.5 mln
Monday, 18 Jul 2016 05:00pm EDT 

Brown & Brown Inc : Brown & Brown, Inc. announces quarterly revenues of $446.5 million, an increase of 6.5%; and earnings per share of $0.47, an increase of 9.3% . Q2 earnings per share view $0.44, revenue view $440.3 million -- Thomson Reuters I/B/E/S .Qtrly earnings per share - adjusted of $0.49.  Full Article

Brown & Brown to buy assets of Morstan General Agency
Monday, 16 May 2016 06:51am EDT 

Brown & Brown Inc : Unit of brown & brown, inc.entered asset purchase agreement where co will acquire substantially all of operating assets of morstan .Brown & brown, inc. Enters into agreement to acquire assets of morstan general agency.  Full Article

BRIEF-Brown & Brown announces entry into accelerated share repurchase program

* Brown & Brown Inc announces entry into accelerated share repurchase program