Brown & Brown PT receives Investment Bank Analyst Rating Update
Brown & Brown (BRO) reported Q3 EPS of $0.50, $0.10 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $927.6 million versus the consensus estimate of...
By Sarina Isaacs Investing.com - Companies will often establish a pattern of hiking their dividends at the same time each year, giving their investors a reliable cash influx and...
DAYTONA BEACH, Fla., Nov. 08, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Donald (Don) J. Ellis, owner of Finance...
EU attempting to revive Iran nuclear deal with market staying pessimistic Crude prices could rebound from oversold conditions but stay off 2022 highs Both Iran, US likely looking...
US Federal Reserve increased benchmark interest rate again Insurance companies invest in fixed-income securities So they typically benefit from rising rates On July 27, the...
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers’ compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
|Average||65.56 (+11.11% Upside)|
|No. of Analysts||9|