|Bid||28.85 x 900|
|Ask||28.86 x 800|
|Day's Range||28.85 - 29.02|
|52 Week Range||24.34 - 31.55|
|Beta (3Y Monthly)||0.71|
|PE Ratio (TTM)||23.77|
|Earnings Date||Apr 22, 2019 - Apr 26, 2019|
|Forward Dividend & Yield||0.32 (1.10%)|
|1y Target Est||29.00|
Brown & Brown's (BRO) acquisition of Cossio Insurance Agency should help it consolidate its service portfolio in South Carolina.
DAYTONA BEACH, Fla., March 15, 2019 -- J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE: BRO), today announced that The Advocator Group, LLC, a.
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (BRO), and Larry and Marcela Cossio, the owners of Cossio Insurance Agency, today announced that Brown & Brown of South Carolina, Inc. has acquired substantially all of the assets of Cossio Insurance Agency. Cossio Insurance Agency (“CIA”), based in Greenville, South Carolina, provides a range of insurance offerings for its customers, with a focus in family fun centers, paintball, inflatable rentals and other entertainment/special event products and services. CIA has annual revenues of approximately $3.5 million. Larry Cossio and his CIA team will continue to operate from their office in Greenville, South Carolina. The CIA operation will fall under the responsibility of Mike Keeby, a Senior Vice President of Brown & Brown, Inc. and a Regional President in Brown & Brown’s Retail Division.
RenaissanceRe (RNR) gets an approval to buy Tokio Millennium Re AG and Tokio Millennium Re (UK) Limited ("TMR") to make further inroads into the reinsurance market.
Brown & Brown's (BRO) arm acquires significantly all the assets of Austin & Austin Insurance, which in turn, augurs well for fortifying its service and product portfolio.
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (BRO), and John F. Austin, the sole shareholder of Austin & Austin Insurance Services, Inc., today announced that Brown & Brown Insurance Services of California, Inc. has acquired substantially all of the assets of Austin & Austin Insurance Services. Mr. Sitzmann, Executive Vice President of Brown & Brown Insurance Services of California, stated, “This transaction presents a fantastic opportunity to add more high-quality talent to our Lafayette office, while also broadening the menu of products and services we can offer to our collective customers.
Brown & Brown Inc NYSE:BROView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for BRO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding BRO are favorable, with net inflows of $3.67 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Financialsis falling. The rate of decline is very significant relative to the trend shown over the past year. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Arthur J. Gallagher (AJG) steadily amplifies its inorganic growth profile, this time with the purchase deal of global aerospace operations of Jardine Lloyd Thompson.
Investing.com - Insurance broker Willis Towers Watson (NASDAQ:WLTW) surged in midday trading after a report that Aon (NYSE:AON) is preparing to make a bid for the company in what could be one of the biggest deals in the sector.
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Cincinnati Financial (CINF) completes MSP Underwriting buyout, expecting to benefit from the latter's impressive underwriting team as well as business strength.
NEW YORK, Feb. 28, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Brown & Brown Inc (NYSE:BRO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.
Brown & Brown's (BRO) arm buys certain assets of Pipino Company, which in turn, augurs well for its extension of service and consulting abilities offered to clients.
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (BRO), and Mary T. Pipino, the principal of Donald P. Pipino Company, LTD, today announced that Beecher Carlson Insurance Services, LLC, a subsidiary of Brown & Brown, Inc. (Beecher Carlson), has acquired certain assets of Donald P. Pipino Company (Pipino).
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (BRO), and Stephen Smith, Jr., Brian & Kellie Smith Friel, Christopher & Carrie Smith and Brendan & Megan Smith Whelan, the owners of Smith Insurance Associates, Inc. (“Smith Insurance”), today announced that Brown & Brown Metro, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Smith Insurance. Smith Insurance is a family owned agency with over 35 years of experience, providing a variety of business insurance products to its customers with a focus on multifamily residential, hospitality and commercial structures. Smith Insurance’s annualized revenue is approximately $5,500,000. The Smith Insurance team will continue to operate from their office in Spring House, Pennsylvania, as a branch office of Brown & Brown’s Mt. Laurel, New Jersey office, which is led by Billy Roberts. Mr. Roberts reports to Rich Knudson, Regional President of Brown & Brown, Inc.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In this article, I will take aRead More...
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (BRO), and Jim Riddle and Tom Schimmel, the shareholders of Lambert, Riddle, Schimmel & Company (“LRS&C”), today announced that Brown & Brown Insurance Agency of Virginia, Inc., a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of LRS&C. Brown & Brown, Inc. is a leading insurance brokerage firm, providing risk management solutions to individuals and businesses.