secwatch.observer — SEC 8-K summary
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Issuer:     BROWN & BROWN, INC. (BRO)
CIK:        0000079282
Form:       8-K
Filed at:   2025-08-22T23:59:59+00:00
Accession:  0000950170-25-111028
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown & Brown reorganizes segments, consolidating Programs and Wholesale Brokerage into Specialty Distribution
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- Effective Q3 2025 (July 1, 2025), the company will report under two segments: Retail and Specialty Distribution.
- Specialty Distribution combines the former Programs and Wholesale Brokerage segments following the RSC Topco (Accession Risk Management) acquisition.
- Historical segment financial data for 2020-2024 and recent quarters recast to align with the new structure; no impact on previously reported consolidated results.
- Recast data shows FY 2024 Retail segment income before taxes of $602M and Specialty Distribution of $778M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79282/000095017025111028/0000950170-25-111028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79282/000095017025111028/bro-20250822.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-111028

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