Brown & Brown (BRO -7.5%) takes a hit after reporting a Q2 earnings miss late yesterday. The...

|About: Brown & Brown Insurance (BRO)|By:, SA News Editor

Brown & Brown (BRO -7.5%) takes a hit after reporting a Q2 earnings miss late yesterday. The company beat on top-line revenues, but brokerage cost increases and higher loss ratios from its insurance carriers outpaced improvement in commissions and fees.