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Brown & Brown, Inc., also called Brown & Brown, is an insurance agency, wholesale brokerage, insurance programs and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. Read More It operates through the following segments: Retail, National Programs & Wholesale Brokerage and Services. The Retail Segment receives fees in lieu of commissions. The National Programs and Wholesale Brokerage Segments earns fees for the issuing of insurance policies on behalf of insurance carriers. The Services segment provides insurance-related services which include third-party claims administration and comprehensive medical utilization management services. The company was founded by J. Adrian Brown and Charles Covington Owen in 1939 and is headquartered in Daytona Beach, FL.
Daytona Beach, Florida
52 Week High
52 Week Low
Seeking AlphaMay 15
Brown & Brown acquires United Development Systems, Inc.
Brown & Brown (BRO +1.1% ) announced its subsidiary Brown & Brown of Kentucky, Inc., has acquired substantially all of the assets of United Development Systems, Inc. United Development Systems is a leader in F&I performance and compliance management for auto dealers in Florida and the Southeast. The UDS team will become part of Brown & Brown Dealer Services, which operates under the leadership of Mike Neal, President of Brown & Brown of Kentucky, Inc....
Seeking AlphaMay 7
Dividend Champion Spotlight: Brown & Brown, Inc.
This article is part of a series that will put a spotlight on "Dividend Champions" and the fundamentals behind their success. At 24X earnings, the stock has gotten just a little too hot, despite strong fundamentals that have powered strong total returns over the years. The company has grown primarily by heavily investing in acquisitions, a trend that will surely continue as management seeks to grow revenues to $4 billion (twice the current figure). When scrolling through the list of "Dividend Champions",...
Stock to Track: Brown And Brown (NYSE: BRO)
Brown And Brown is part of the financial services sector and trades as part of the brokers and exchanges industry. The company CEO is J. Powell Brown. Brown and Brown Inc is an insurance agent and broker. It offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. Previous Intraday Trading Performance: The BRO stock showed a previous change of 0.37% with an open at 32.01 and a close of 32.38. It reached a...
Expected Jul 22, After Hours