Brown & Brown

The broker posted outstanding results for the second consecutive quarter as the industry faces an “out-of-sample” recessionary environment.

J Powell Brown says the pandemic will likely hit the broker’s employee benefits and workers’ comp business most acutely.

Brokers fired on all cylinders as the group outpaced historical averages on all key performance metrics, largely driven by P&C operations, but the sailing has not been equally smooth for everyone.

Brown & Brown's Q4 earnings release included improved organic growth of 5.2% that exceeded analyst expectations and the company’s own guidance of 2.9% telegraphed in Q3.

The MGA will become part of Brown & Brown subsidiary Hull & Company.

After two quarters of pouring cold water on price firming, brokers have changed their framing of the market in Q3.

The executive will be Arrowhead General Insurance executive vice president and lead its national programs division.

MMC and Brown & Brown stock has risen today after the firms released their results.

Brown told analysts on an earnings call Tuesday that an anticipated influx of fresh capital would have a moderating effect on rate rises.

Brown & Brown released new investor materials that include bullish pricing data points all over the place.

Private brokers continue acquisition driven growth and deliver high margins, but deferred integration costs and elevated leverage remain issues to watch.

CKP will operate as a new stand-alone office within Brown & Brown’s retail segment.