Brown & Brown Enters $250M Share Repurchase Program with Bank of America
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Should l Buy BRO?
Brown & Brown announced that it has entered into an accelerated share repurchase program with Bank of America for $250M of the company's common stock. The ASR is part of the company's board-approved $1.5B share repurchase authorization announced on October 22, 2025.
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Analyst Views on BRO
Wall Street analysts forecast BRO stock price to rise
13 Analyst Rating
1 Buy
12 Hold
0 Sell
Hold
Current: 69.690
Low
73.00
Averages
84.09
High
100.00
Current: 69.690
Low
73.00
Averages
84.09
High
100.00
About BRO
Brown & Brown, Inc. is an insurance brokerage company engaged in delivering risk management solutions. It markets and sells insurance products and services, primarily in the property, casualty and employee benefits areas. Its segments include the Retail segment provides a range of insurance products and services to commercial, public and quasi-public, professional and individual insured customers, and non-insurance services and products through its automobile dealer services F&I businesses; The Programs segment specializes in the development, underwriting and management of insurance program business, often designed for niche, underserved markets, and distributes these coverages to retail agencies, as well as affinity groups, wholesale entities and sold direct to consumers; and The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as Brown & Brown retail agents.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Investigation into Brown & Brown for Securities Violations
- Investigation Background: Edelson Lechtzin LLP is investigating potential violations of federal securities laws by Brown & Brown (NYSE:BRO), stemming from allegations of providing misleading business information to investors, which could undermine investor confidence.
- Declining Financial Performance: Brown & Brown's Q4 2025 results revealed a 2.8% decline in organic revenue, primarily attributed to reduced flood claims processing, raising concerns about the company's future profitability among investors.
- Employee Attrition Impact: Executives disclosed that 275 former employees left for a competitor, resulting in the loss of clients responsible for approximately $23 million in annual revenue, which may exacerbate negative perceptions of Brown & Brown in the market.
- Stock Price Reaction: On January 27, 2026, Brown & Brown's stock price fell by $5.50, or 6.91%, closing at $74.12 per share, reflecting the market's pessimistic sentiment regarding the company's outlook.
See More
Brown & Brown Acquires American Adventure Insurance Assets
- Acquisition Deal: Brown & Brown Dealer Services has acquired the assets of The Protectorate Group Insurance Agency, operating as American Adventure Insurance, thereby expanding its market share in dealership insurance solutions.
- Specialization: American Adventure specializes in providing insurance solutions for various types of vehicles, including motor homes, travel trailers, campers, boats, personal watercraft, and motorcycles, enhancing Brown & Brown's capability in diversified insurance products.
- Team Integration: The American Adventure team will join Brown & Brown Dealer Services and continue to operate nationwide, which is expected to enhance customer service capabilities and expand market coverage.
- Future Outlook: This acquisition aligns with Brown & Brown's growth strategy, with projected cost savings of $30 million to $40 million through integration and synergies, further driving the company's profitability enhancement.
See More
Brown & Brown Appoints New Chief Information Officer
- Executive Appointment: Brown & Brown has announced the appointment of Dorothea Henderson as Chief Information Officer, effective February 23, where she will lead the company's enterprise technology strategy, enhancing digital capabilities and technology experiences, which is expected to drive progress in the company's digital transformation.
- Strategic Leadership: Henderson previously served as Chief Digital Information Officer at CareFirst BlueCross BlueShield, where she successfully advanced the digital strategy, improving user experiences and operational resilience, and her expertise is anticipated to enhance Brown & Brown's technology integration capabilities.
- Technology Integration and Security: In her new role, Henderson will collaborate with segment leaders to strengthen system reliability and security while supporting technology integration for acquisitions, which will help enhance the company's competitiveness in the insurance industry.
- Team Building: Henderson's arrival is expected to assist Brown & Brown in building a world-class technology team, advancing the company's digital capabilities to better meet customer needs and support long-term growth strategies.
See More
The Battle Between Insurance Agents and AI Superagents
Insurance Brokerage Stocks Decline: Insurance brokerage stocks experienced a decline on Thursday, reflecting a broader trend in the stock market.
Impact of AI on the Sector: The drop in stock prices is attributed to investors' concerns about potential disruptions caused by emerging AI applications, referred to as superagents.
See More
Brown & Brown Launches $250M Accelerated Share Repurchase Program
- Share Repurchase Program: Brown & Brown has entered into an accelerated share repurchase agreement with Bank of America for $250 million, which is part of the company's $1.5 billion share repurchase authorization aimed at enhancing shareholder value and boosting market confidence.
- Authorization Background: This repurchase initiative is based on the board's approval of a $1.5 billion share repurchase authorization announced on October 22, 2025, reflecting the company's confidence in future growth and commitment to shareholder returns.
- Financial Target Increase: Brown & Brown aims to raise its margin target to 32%-37% in 2026, with projected synergies of $30 million to $40 million through Accession integration, further strengthening the company's profitability.
- Market Reaction: Despite facing a downgrade to Neutral from Citi, Brown & Brown demonstrates a proactive response to market challenges through its repurchase program and margin enhancement strategy, aiming to restore investor confidence and drive stock price appreciation.
See More
Brown & Brown Releases 2026 Market Trends Report Highlighting Buyer Advantages
- Market Dynamics Analysis: The 2026 Market Trends report from Brown & Brown reveals that insurance market conditions are shifting in favor of buyers who are well-prepared and have a positive claims history, emphasizing the importance of thorough preparation in the renewal process.
- Increased Competition in Commercial Insurance: The report highlights that heightened competition among insurers creates new opportunities for companies with strong risk management practices, although large loss events such as wildfires and cyber incidents remain persistent challenges.
- Digital Transformation in Employee Benefits: Companies are increasingly focusing on deploying digital health tools to control costs while ensuring the quality and relevance of benefits, making it essential to attract and retain talented individuals in a competitive labor market.
- Pressure in Personal Insurance Market: Climate volatility and regulatory changes necessitate stronger preparation and clearer documentation, and while capacity is expanding in some areas, regions exposed to natural disasters continue to face tighter requirements and sustained pricing pressure.
See More
Investigation into Brown & Brown for Securities Violations
- Investigation Background: Edelson Lechtzin LLP is investigating potential violations of federal securities laws by Brown & Brown (NYSE:BRO), stemming from allegations of providing misleading business information to investors, which could undermine investor confidence.
- Declining Financial Performance: Brown & Brown's Q4 2025 results revealed a 2.8% decline in organic revenue, primarily attributed to reduced flood claims processing, raising concerns about the company's future profitability among investors.
- Employee Attrition Impact: Executives disclosed that 275 former employees left for a competitor, resulting in the loss of clients responsible for approximately $23 million in annual revenue, which may exacerbate negative perceptions of Brown & Brown in the market.
- Stock Price Reaction: On January 27, 2026, Brown & Brown's stock price fell by $5.50, or 6.91%, closing at $74.12 per share, reflecting the market's pessimistic sentiment regarding the company's outlook.
See More
Brown & Brown Acquires American Adventure Insurance Assets
- Acquisition Deal: Brown & Brown Dealer Services has acquired the assets of The Protectorate Group Insurance Agency, operating as American Adventure Insurance, thereby expanding its market share in dealership insurance solutions.
- Specialization: American Adventure specializes in providing insurance solutions for various types of vehicles, including motor homes, travel trailers, campers, boats, personal watercraft, and motorcycles, enhancing Brown & Brown's capability in diversified insurance products.
- Team Integration: The American Adventure team will join Brown & Brown Dealer Services and continue to operate nationwide, which is expected to enhance customer service capabilities and expand market coverage.
- Future Outlook: This acquisition aligns with Brown & Brown's growth strategy, with projected cost savings of $30 million to $40 million through integration and synergies, further driving the company's profitability enhancement.
See More
Brown & Brown Appoints New Chief Information Officer
- Executive Appointment: Brown & Brown has announced the appointment of Dorothea Henderson as Chief Information Officer, effective February 23, where she will lead the company's enterprise technology strategy, enhancing digital capabilities and technology experiences, which is expected to drive progress in the company's digital transformation.
- Strategic Leadership: Henderson previously served as Chief Digital Information Officer at CareFirst BlueCross BlueShield, where she successfully advanced the digital strategy, improving user experiences and operational resilience, and her expertise is anticipated to enhance Brown & Brown's technology integration capabilities.
- Technology Integration and Security: In her new role, Henderson will collaborate with segment leaders to strengthen system reliability and security while supporting technology integration for acquisitions, which will help enhance the company's competitiveness in the insurance industry.
- Team Building: Henderson's arrival is expected to assist Brown & Brown in building a world-class technology team, advancing the company's digital capabilities to better meet customer needs and support long-term growth strategies.
See More
The Battle Between Insurance Agents and AI Superagents
Insurance Brokerage Stocks Decline: Insurance brokerage stocks experienced a decline on Thursday, reflecting a broader trend in the stock market.
Impact of AI on the Sector: The drop in stock prices is attributed to investors' concerns about potential disruptions caused by emerging AI applications, referred to as superagents.
See More
Brown & Brown Launches $250M Accelerated Share Repurchase Program
- Share Repurchase Program: Brown & Brown has entered into an accelerated share repurchase agreement with Bank of America for $250 million, which is part of the company's $1.5 billion share repurchase authorization aimed at enhancing shareholder value and boosting market confidence.
- Authorization Background: This repurchase initiative is based on the board's approval of a $1.5 billion share repurchase authorization announced on October 22, 2025, reflecting the company's confidence in future growth and commitment to shareholder returns.
- Financial Target Increase: Brown & Brown aims to raise its margin target to 32%-37% in 2026, with projected synergies of $30 million to $40 million through Accession integration, further strengthening the company's profitability.
- Market Reaction: Despite facing a downgrade to Neutral from Citi, Brown & Brown demonstrates a proactive response to market challenges through its repurchase program and margin enhancement strategy, aiming to restore investor confidence and drive stock price appreciation.
See More
Brown & Brown Releases 2026 Market Trends Report Highlighting Buyer Advantages
- Market Dynamics Analysis: The 2026 Market Trends report from Brown & Brown reveals that insurance market conditions are shifting in favor of buyers who are well-prepared and have a positive claims history, emphasizing the importance of thorough preparation in the renewal process.
- Increased Competition in Commercial Insurance: The report highlights that heightened competition among insurers creates new opportunities for companies with strong risk management practices, although large loss events such as wildfires and cyber incidents remain persistent challenges.
- Digital Transformation in Employee Benefits: Companies are increasingly focusing on deploying digital health tools to control costs while ensuring the quality and relevance of benefits, making it essential to attract and retain talented individuals in a competitive labor market.
- Pressure in Personal Insurance Market: Climate volatility and regulatory changes necessitate stronger preparation and clearer documentation, and while capacity is expanding in some areas, regions exposed to natural disasters continue to face tighter requirements and sustained pricing pressure.
See More
