Brown & Brown, Inc.'s (BRO) subsidiary has purchased The Canopy Group. The addition of Canopy Group will boost Brown & Brown's personal line business. Le Sueur, MN-based The Canopy Group is a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. It serves customer across Minnesota. Adding Canopy to the portfolio will not only expand BRO's personal line business but also expand its small business commercial offerings. Meanwhile, Canopy stan ...

文章核心观点 - 美国保险经纪公司Brown & Brown收购了明尼苏达州的保险代理公司The Canopy Group [1][2] - The Canopy Group主要从事个人保险和中小企业商业财产险业务,服务超过16,000名客户 [1] - The Canopy Group的创始人Paul Borchert和Jeff McDonald将继续领导公司在明尼苏达州的业务运营 [1] - Brown & Brown希望通过此次收购拓展个人保险和中小企业商业保险业务 [2] - The Canopy Group的团队将借助Brown & Brown的资源和市场影响力为现有客户提供更多服务 [2] 公司概况 - Brown & Brown是一家领先的保险经纪公司,自1939年起为个人和企业提供风险管理解决方案 [2] - Brown & Brown在全球拥有16,000多名员工,500多个办事处 [2] - Brown & Brown致力于为客户提供创新的保护策略 [2] 交易信息 - Brown & Brown的子公司收购了The Canopy Group的资产 [1] - The Canopy Group总部位于明尼苏达州Le Sueur市 [1]

DAYTONA BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces it will release its 2024 third-quarter earnings on Monday, October 28, 2024, after the close of the market. On Tuesday, October 29, 2024, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's third-quarter 2024 financial results. You ...

DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing m ...

Shares of Brown & Brown, Inc. (BRO) have rallied 43.7% year to date (YTD), outperforming the industry's 33% growth. The insurer also outperformed the Zacks S&P 500 composite and the Finance sector's return of 16.3% and 12%, respectively, in the same time frame. With a market capitalization of $29.14 billion, the average volume of shares traded in the last three months was 1.14 million. Currently priced at $102.17, the stock is a little below its 52-week high of $106.02. BRO Outperforms Industry, Sector & S& ...

DAYTONA BEACH, Fla., Sept. 12, 2024 (GLOBE NEWSWIRE) -- J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are proud to announce that Brown & Brown, Inc. ("Brown & Brown") and our team of companies have been selected by Great Place To Work® and Fortune for the prestigious 2024 Fortune Best Workplaces in Financial Services & Insurance™ List for the fifth consecutive year. "Our unique culture puts our team, customers and communities first—and differentiates us from ...

It has been about a month since the last earnings report for Brown & Brown (BRO) . Shares have added about 4.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Brown & Brown due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Brown & Brown Q2 Earnings Beat Estimates, ...

It has been a rather wild few weeks in the market, with the broad stock indexes experiencing the sharpest correction so far this year. Although stocks have bounced back aggressively following last week's sell off, there is still some uncertainty on the horizon. Amidst this volatility, one sector has stood out and shown considerable resilience even after outperforming all year. Insurance stocks held up exceptionally well during the sell-off and continue to lead the market higher today. Additionally, the Insu ...

Brown & Brown, Inc.'s (BRO) shares have jumped 40% year to date (YTD) compared with the industry's growth of 20.6%. The Finance sector and the Zacks S&P 500 composite have risen 7.7% and 12.3%, respectively, in the same time frame. With a market capitalization of $28.61 billion, the average volume of shares traded in the last three months was 1.17 million. Image Source: Zacks Investment Research The rally was largely driven by higher core commissions and fees, new business, solid retention, rate increases, ...

DAYTONA BEACH, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) announces the addition of insurance industry veteran Stephen ("Steve") P. Hearn to Brown & Brown's board of directors. H. Palmer Proctor, Jr., Brown & Brown's lead independent director and chair of the Nominating/Corporate Governance Committee of Brown & Brown's board of directors, said, "Steve has established himself as a fixture in the London insurance marketplace, having grown and led several successful international b ...