Boston Omaha Shares Rise After Deal to Sell Surety Insurance Business

Dow Jones

May 19

By Chris Wack

Boston Omaha shares were 10% higher, at $12.13, after the company said it entered into a definitive securities purchase agreement to sell its surety insurance business, operated by General Indemnity Group, to CopperPoint Insurance.

The company said the transaction is structured as an all-cash transaction under which CopperPoint will buy all of the outstanding equity interests of General Indemnity.

General Indemnity operates its surety insurance business through two wholly owned subsidiaries, United Casualty & Surety Insurance and surety placement platform BOSS Bonds.

The company said the acquisition includes SuretyBonds.Market, a proprietary technology platform developed by General Indemnity.

The transaction is expected to close prior to year-end 2026, pending receipt of required regulatory approvals.

For 2025, General Indemnity reported revenue of $27.2 million.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

May 18, 2026 13:11 ET (17:11 GMT)

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