Brown & Brown, Inc. reported robust third-quarter results, with revenues growing 35.4% year-over-year and adjusted earnings per share increasing by 15% to $1.05. Strategic leadership appointments and a significant share repurchase program signal continued commitment to long-term growth and value creation.

• Revenues reached $1.6 billion, driven by strong organic growth of 3.5%, despite a challenging economic environment.
• Adjusted EBITDAC margin improved by 170 basis points to 36.6%, highlighting operational efficiency.
• The board approved a 10% dividend increase and expanded share repurchase authorization to $1.5 billion as part of its commitment to enhance shareholder value.
• Seven acquisitions were completed, contributing an estimated $1.7 billion in annual revenues, underscoring the company's proactive growth strategy.
• The company remains focused on addressing rising health care costs and maintaining competitive pricing in various insurance segments.