Why Brown & Brown Stock Slumped by 5% Today

Brown & Brown's stock fell nearly 5% after the insurance agency missed both revenue and earnings estimates in Q3 2026. While total revenue grew 7% to $1.73 billion and net income rose 6%, both fell short of analyst expectations. The company cited a challenging rate environment with softening insurance premiums. More concerning, organic revenue growth—excluding acquisitions—barely exceeded 1%, indicating the core business is struggling despite the $9.8 billion Accession Risk Management acquisition.