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Brown & Brown Inc (BRO.N)

BRO.N on New York Stock Exchange

28.32USD
22 Jan 2019
Change (% chg)

$-0.32 (-1.12%)
Prev Close
$28.64
Open
$28.49
Day's High
$28.70
Day's Low
$28.17
Volume
266,135
Avg. Vol
377,869
52-wk High
$31.53
52-wk Low
$24.35

Latest Key Developments (Source: Significant Developments)

Brown & Brown Announces Asset Acquisition Of Izzo Insurance Services
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES THE ASSET ACQUISITION OF IZZO INSURANCE SERVICES, INC..BROWN & BROWN - IZZO INSURANCE SERVICES WILL CONTINUE DOING BUSINESS FROM ITS EXISTING BLOOMINGDALE, ILLINOIS LOCATION UNDER LEADERSHIP OF KAREN IZZO.BROWN & BROWN INC - HULL & COMPANY HAS ACQUIRED SUBSTANTIALLY ALL ASSETS OF IZZO INSURANCE SERVICES.  Full Article

Brown & Brown Inc On Dec 21, Entered Term Loan Credit Agreement
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Brown & Brown Inc ::BROWN & BROWN INC - ON DEC 21, ENTERED TERM LOAN CREDIT AGREEMENT.BROWN & BROWN INC - TERM LOAN CREDIT AGREEMENT PROVIDES FOR UNSECURED TERM LOAN IN INITIAL AMOUNT OF $300 MILLION.BROWN & BROWN INC - TERM LOAN CREDIT AGREEMENT CAN POTENTIALLY BE INCREASED UP TO AN AGGREGATE AMOUNT OF $450 MILLION.BROWN & BROWN INC - CURRENT RATE OF INTEREST ON THE TERM LOAN IS 1.25% ABOVE THE ADJUSTED 1-MONTH LIBOR RATE..BROWN & BROWN SAYS TERM LOAN IS REPAYABLE OVER 5-YEAR TERM FROM DEC 21, 2018 - SEC FILING.BROWN & BROWN INC - ON DECEMBER 21, 2018, THE COMPANY BORROWED $300 MILLION UNDER THE TERM LOAN CREDIT AGREEMENT.BROWN & BROWN INC - ON DEC 18, BOARD INCREASED THE SIZE OF BOARD FROM 13 DIRECTORS TO 14 DIRECTORS.BROWN & BROWN INC - USED BORROWINGS TO REDUCE INDEBTEDNESS UNDER THE COMPANY’S AMENDED AND RESTATED CREDIT AGREEMENT, DATED JUNE 28, 2017.  Full Article

Brown & Brown, Inc. Announces Entry Into Accelerated Share Repurchase Program
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES ENTRY INTO ACCELERATED SHARE REPURCHASE PROGRAM.BROWN & BROWN INC - $100 MILLION ASR IS PART OF COMPANY'S BOARD-APPROVED $400 MILLION SHARE REPURCHASE.BROWN & BROWN INC - ACCELERATED SHARE REPURCHASE PROGRAM (ASR) WITH ROYAL BANK OF CANADA FOR $100 MILLION.  Full Article

Brown & Brown Inc Announces The Asset Acquisition Of Rodman Insurance Agency Inc.
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES THE ASSET ACQUISITION OF RODMAN INSURANCE AGENCY, INC..BROWN & BROWN INC - ACQUIRED SUBSTANTIALLY ALL OF ASSETS OF RODMAN INSURANCE AGENCY.BROWN & BROWN INC - FOLLOWING ACQUISITION, RODMAN INSURANCE AGENCY TEAM WILL CONTINUE OPERATING FROM ITS EXISTING NEEDHAM, MASSACHUSETTS OFFICE.  Full Article

Brown & Brown Inc Announces Quarterly Revenues Of $530.9 Mln
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES QUARTERLY REVENUES OF $530.9 MILLION, AN INCREASE OF 11.6%; AND DILUTED NET INCOME PER SHARE OF $0.38.Q3 REVENUE ROSE 11.6 PERCENT TO $530.9 MILLION.Q3 EARNINGS PER SHARE $0.38.Q3 EARNINGS PER SHARE VIEW $0.34 -- THOMSON REUTERS I/B/E/S.QTRLY DILUTED NET INCOME PER SHARE - ADJUSTED AND EXCLUDING NEW REVENUE STANDARD $0.31.  Full Article

Brown & Brown Enters Into Agreement To Acquire Hays Companies
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ENTERS INTO AGREEMENT TO ACQUIRE HAYS COMPANIES.BROWN & BROWN INC - HAYS COMPANIES WILL OPERATE AS A REGION INSIDE BROWN & BROWN RETAIL.BROWN & BROWN INC - HAS ENTERED INTO AN AGREEMENT TO ACQUIRE THE ASSETS OF THE HAYS COMPANIES INSURANCE OPERATIONS.  Full Article

Brown & Brown Announces 6.7% Rise In Quarterly Cash Dividend Rate
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES 6.7% INCREASE IN QUARTERLY CASH DIVIDEND RATE.INCREASES QUARTERLY DIVIDEND BY 6.7 PERCENT.DECLARED A REGULAR QUARTERLY CASH DIVIDEND OF $0.08 PER SHARE.  Full Article

Brown & Brown Announces The Asset Acquisition Of Tricast Holdings, Tricast And PRx Advisors, D/B/A PSRx Advisors
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES THE ASSET ACQUISITION OF TRICAST HOLDINGS, LLC; TRICAST, LLC; AND PRX ADVISORS, LLC D/B/A PSRX ADVISORS.BROWN & BROWN - TRICAST TEAM TO CONTINUE BUSINESS FROM ITS EXISTING OFFICE, BUT WILL OPERATE AS PART OF CO'S EXISTING IPC/EVERGREENRX BUSINESS.BROWN & BROWN INC - COMBINED OFFICES WILL OPERATE UNDER LEADERSHIP OF MR. RUCINSKI UNDER NEW BRAND, "PILLARRX CONSULTING.".  Full Article

Brown & Brown Announces The Asset Acquisition Of Coffman-Standridge Incorporated D/B/A Csi Insurance
Friday, 13 Jul 2018 

July 13 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES THE ASSET ACQUISITION OF COFFMAN-STANDRIDGE INCORPORATED D/B/A CSI INSURANCE.BROWN & BROWN INC - BROWN & BROWN OF ARKANSAS INC HAS ACQUIRED SUBSTANTIALLY ALL OF ASSETS OF COFFMAN-STANDRIDGE INCORPORATED D/B/A CSI INSURANCE.BROWN & BROWN INC - FOLLOWING ACQUISITION, CSI INSURANCE TEAM WILL COMBINE WITH CO'S GREATER CENTRAL ARKANSAS OPERATIONS.BROWN & BROWN - FOLLOWING DEAL, CSI INSURANCE TEAM TO OPERATE UNDER LEADERSHIP OF C. TIM WHITE, EXECUTIVE VP OF BROWN & BROWN OF ARKANSAS.  Full Article

Brown & Brown Announces Acquisition Of Health Special Risk
Monday, 2 Jul 2018 

July 2 (Reuters) - Brown & Brown Inc ::BROWN & BROWN, INC. ANNOUNCES THE ACQUISITION OF HEALTH SPECIAL RISK, INC..BROWN & BROWN INC - HART-SCOTT-RODINO TEAM WILL CONTINUE TO OPERATE FROM THEIR OFFICES IN TEXAS AND MINNESOTA AS HEALTH SPECIAL RISK, INC.  Full Article