{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-138153","form_type":"8-K","ticker":"BRO","cik":"0000079282","company_name":"BROWN & BROWN, INC.","filed_at":"2025-06-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.287242+00:00","generated_at":"2026-05-19T16:26:01.412050+00:00","sec_items":["1.01","3.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Brown & Brown to acquire Accession Risk Management Group for $9.825 billion","bullets":["Gross purchase price of $9.825B; net consideration ~$9.4B ($8.1B cash + ~$1.3B stock).","Expected close Q3 2025; HSR waiting period expired; subject to regulatory approvals.","Accession (Risk Strategies & One80 Intermediaries) had ~$1.7B pro forma adjusted revenue in 2024.","Bridge loan facility of up to $9.4B committed by Bank of America and JPMorgan.","Risk Strategies to join Retail segment; One80 to join new Specialty Distribution segment."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-138153","json":"https://secwatch.observer/filing/0001193125-25-138153.json","markdown":"https://secwatch.observer/filing/0001193125-25-138153.md","text":"https://secwatch.observer/filing/0001193125-25-138153.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79282/000119312525138153/0001193125-25-138153-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79282/000119312525138153/d32630d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T16:26:01.412050+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}