filecrux
Oct 27, 3:07 PM
$BRO Can Brown & Brown get organic growth back above 1.2% after nine months at 0.3%, with its wholesale and programs arm still shrinking organically?
🏢 Brown & Brown, a Florida insurance broker worth about
$22.71B at
$67.87 a share at 11:01 ET on October 27, 2026, grew Q3 2026 revenue 7.4% to
$1.725B, but organic growth slowed to 1.2% from 3.5% a year earlier
📉 Its Specialty Distribution segment's revenue rose 8.5% to
$739M, but its organic revenue fell 0.8% against a 4.6% gain a year ago, and the 10-Q names falling catastrophe property rates as one drag
📈 On the other side, about
$29M of last year's quarter was one-off interest on cash raised for the Accession deal, and Specialty Distribution's adjusted EBITDAC still rose 7.0% to
$320M
📅 Next: Q4 2026 results, no date given yet; watch Specialty Distribution organic growth
Source: Brown & Brown 8-K + 10-Q, Oct 26
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