Brown & Brown, Inc. Enters Material Definitive Agreement
Ticker: BRO · Form: 8-K · Filed: Jun 5, 2024 · CIK: 79282
Sentiment: neutral
Topics: material-agreement
Related Tickers: BRO
TL;DR
BROWN & BROWN (BRO) signed a big deal, details TBD.
AI Summary
On June 4, 2024, Brown & Brown, Inc. entered into a material definitive agreement. The filing does not provide specific details about the agreement, its terms, or any associated financial figures.
Why It Matters
This filing indicates a significant new agreement for Brown & Brown, Inc., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its potential impact.
Key Players & Entities
- Brown & Brown, Inc. (company) — Registrant
- June 4, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Brown & Brown, Inc.?
The filing does not specify the nature of the material definitive agreement.
When did Brown & Brown, Inc. enter into this material definitive agreement?
Brown & Brown, Inc. entered into the material definitive agreement on June 4, 2024.
Are there any financial terms or dollar amounts associated with this agreement disclosed in the filing?
No, the filing does not disclose any specific financial terms or dollar amounts related to the agreement.
What is the primary business of Brown & Brown, Inc. according to the filing?
Brown & Brown, Inc. is in the business of Insurance Agents, Brokers & Services, with SIC code 6411.
Where is Brown & Brown, Inc. headquartered?
Brown & Brown, Inc. is headquartered at 300 North Beach Street, Daytona Beach, Florida, 32114.
Filing Stats: 726 words · 3 min read · ~2 pages · Grade level 10 · Accepted 2024-06-05 17:17:00
Key Financial Figures
- $0.10 — nge on which registered Common Stock, $0.10 Par Value BRO New York Stock Exchan
- $600,000,000 — to the offer and sale by the Company of $600,000,000 aggregate principal amount of the Compa
Filing Documents
- d630650d8k.htm (8-K) — 27KB
- d630650dex11.htm (EX-1.1) — 187KB
- 0001193125-24-155242.txt ( ) — 378KB
- bro-20240604.xsd (EX-101.SCH) — 3KB
- bro-20240604_lab.xml (EX-101.LAB) — 17KB
- bro-20240604_pre.xml (EX-101.PRE) — 11KB
- d630650d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibit is filed herewith: Exhibit No. Description of Exhibit 1.1 Underwriting Agreement, dated as of June 4, 2024, among Brown & Brown, Inc. and BofA Securities, Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC and Truist Securities, Inc., as representatives of the several underwriters named therein. 104 Cover Page Interactive Data File (formatted as inline XBRL). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 5, 2024 BROWN & BROWN, INC. By: /s/ R. Andrew Watts R. Andrew Watts Executive Vice President, Chief Financial Officer and Treasurer