Boston Omaha Sells Surety Insurance Business to CopperPoint
Boston Omaha announced that it has entered into a definitive Securities Purchase Agreement to sell its surety insurance business, operated by General Indemnity Group, to CopperPoint Insurance Company. The transaction is structured as an all-cash transaction under which CopperPoint will acquire all of the outstanding equity interests of GIG. The transaction is expected to close prior to year-end 2026, pending receipt of required regulatory approvals, including approvals by the Nebraska Department of Insurance and the fulfillment of other customary closing conditions.