Gray Surety News Today

AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer

BCP makes ‘significant investment’ in Metairie-based Gray Casualty & Surety Terms of the transaction were not disclosed.  Through the deal, BCP will leverage its resources to grow capacity for Gray, which provides surety bonds to emerging and mid-market contractors, partners with professional bond agents to provide bond options across the U.S. and underwrites commercial bonds related to licenses, permits and other regulatory requirements. In a prepared statement, BCP founder Jim Be...