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Brown & Brown (BRO) Announces Accelerated Share Repurchase, Flags Evolving Market Trends

Brown & Brown, Inc. (NYSE:BRO) is included among the 13 Cheapest Dividend Aristocrats to Invest in.

On February 12, Brown & Brown, Inc. (NYSE:BRO) announced the launch of a $250 million accelerated share repurchase program with Bank of America, N.A. The move falls under the company’s broader $1.5 billion share buyback authorization that the board approved on October 22, 2025.

A day earlier, on February 11, the company released its 2026 Market Trends report. The publication takes a close look at shifts developing across the insurance landscape. This year’s findings suggest that rate conditions are starting to tilt more in favor of buyers who come prepared for renewals and maintain a solid claims record. At the same time, the report points out that certain industries and coverage lines are likely to see firm pricing and stricter terms continue.

This is the first Market Trends report issued since Brown & Brown completed its 2025 acquisition of Risk Strategies. The latest edition combines insights from specialists across both organizations, offering a broader and more detailed view of the forces shaping commercial insurance, employee benefits, and personal lines.

According to the report, capital and underwriting capacity are improving in parts of the market, but pressures remain. Commercial lines are still dealing with large losses and exposure in high-risk industries. In employee benefits, employers are leaning on digital tools to manage costs while trying to attract and retain talent. Personal insurance, particularly in catastrophe-prone regions, continues to face tighter conditions. Brown & Brown emphasized its scale and global reach as key advantages in helping clients navigate these challenges.

Brown & Brown, Inc. (NYSE:BRO) provides insurance brokerage and risk management services, with a focus on property, casualty, and employee benefits solutions.

While we acknowledge the potential of BRO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BRO and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 13 Best Roth IRA Stocks to Buy Now and Dividend Champions, Contenders and Challengers list: 15 Highest Yielding Stocks

Disclosure. None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

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