---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-024050"
form_type: "8-K"
ticker: "BRO"
cik: "0000079282"
company_name: "BROWN & BROWN, INC."
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:54:39.827705+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brown & Brown realigns from 4 to 3 segments; provides recast historical financials for 2019-2023

## Summary
- Services segment eliminated; ongoing operations folded into Retail; divested businesses moved to Programs.
- 2023 total revenue recast at $4.257B, income before tax $1.146B (unchanged from prior reporting).
- Retail segment 2023 revenue $2.508B, Programs $1.173B, Wholesale Brokerage $541M, Other $35M.
- Quarterly recast data for each quarter of 2023: total Q1 revenue $1.116B, Q2 $1.047B, Q3 $1.068B, Q4 $1.026B.
- No change to consolidated income statements, balance sheets, or cash flows from the segment realignment.

## SEC filing metadata
- accession: 0000950170-24-024050
- form_type: 8-K
- ticker: BRO
- cik: 0000079282
- company_name: BROWN & BROWN, INC.
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79282/000095017024024050/0000950170-24-024050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79282/000095017024024050/bro-20240301.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-024050
- JSON: https://secwatch.observer/filing/0000950170-24-024050.json
- Plain text: https://secwatch.observer/filing/0000950170-24-024050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.