{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-259864","form_type":"8-K","ticker":"BRO","cik":"0000079282","company_name":"BROWN & BROWN, INC.","filed_at":"2026-06-05T21:00:15+00:00","discovered_at":"2026-06-05T21:02:00.239789+00:00","generated_at":"2026-06-05T21:08:56.494723+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Brown & Brown ups revolving credit to $1.25B; adds $500M term loans through 2031","bullets":["Revolving credit facility increased from $800M to $1.25B; maturity extended to June 5, 2031.","New $250M Term A-1 Loan Facility maturing June 5, 2029, and $250M Term A-2 Loan Facility maturing June 5, 2031.","$825M outstanding under the Facilities as of June 5, 2026.","Third Amended and Restated Credit Agreement replaces 2021 agreement; includes customary covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-259864","json":"https://secwatch.observer/filing/0001193125-26-259864.json","markdown":"https://secwatch.observer/filing/0001193125-26-259864.md","text":"https://secwatch.observer/filing/0001193125-26-259864.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/bro-20260605.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:08:56.494723+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":[{"claim_id":"836ea1305d3c833a21f80db86f209d31cea26886","claim":"BROWN & BROWN, INC. amended revolving credit of $1,250 million (increased from $800 million) with JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein at unknown maturing June 5, 2031.","evidence_excerpt":"The Third Amended and Restated Credit Agreement: • increases the amount available to the Company and certain other subsidiary borrowers under the existing revolving credit facility (the “Revolving Credit Facility”) from $800 million to $1,250 million; • extends the applicable maturity date in respect of the Revolving Credit Facility in the amount of $1,250 million to June 5, 2031;","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1,250 million (increased from $800 million)"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein"},{"label":"Maturity","value":"June 5, 2031"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"c024c9d3183319722c2ed8e41cac4e983ceff2ac","claim":"BROWN & BROWN, INC. incurred term loan of $250 million with JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein at unknown maturing June 5, 2029.","evidence_excerpt":"• makes available to the Company term loans in the aggregate amount of $250 million with a maturity date of June 5, 2029 (the “Term A-1 Loan Facility”);","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$250 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein"},{"label":"Maturity","value":"June 5, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e839ff208b94b8c58574d34315c2b4ae7faaf3ca","claim":"BROWN & BROWN, INC. incurred term loan of $250 million with JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein at unknown maturing June 5, 2031.","evidence_excerpt":"• makes available to the Company term loans in the aggregate amount of $250 million with a maturity date of June 5, 2031 (the “Term A-2 Loan Facility” and collectively with the Revolving Credit Facility and the Term A-1 Loan Facility, the “Facilities” and each, a “Facility”);","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$250 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as administrative agent and the other lenders named therein"},{"label":"Maturity","value":"June 5, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"da4522a8b4d8d019abd6e0190fcd738929ab85d0","claim":"BROWN & BROWN, INC. amended Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A., Truist Bank and BMO Bank N.A. as co-syndication agents, and U.S. Bank National Association, Fifth Third Bank, National Association, Wells Fargo Bank, National Association, PNC Bank, National Association, HSBC Bank USA, Nationa (effective 2026-06-05).","evidence_excerpt":"On June 5, 2026, Brown & Brown, Inc. (the “Company”) entered into an amended and restated credit agreement (the “Third Amended and Restated Credit Agreement”) with the lenders named therein","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79282/000119312526259864/0001193125-26-259864-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. as administrative agent, Bank of America, N.A., Truist Bank and BMO Bank N.A. as co-syndication agents, and U.S. Bank National Association, Fifth Third Bank, National Association, Wells Fargo Bank, National Association, PNC Bank, National Association, HSBC Bank USA, Nationa"},{"label":"Effective","value":"2026-06-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}