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WASHINGTON, March 28, 2024 (GLOBE NEWSWIRE) -- Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA)...

METAIRIE, La., July 05, 2022 (GLOBE NEWSWIRE) -- The Gray Insurance Company announced today that Mr. Borne “Paul” Boudreaux, III will be named President...

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 Berhnard says Gray’s insurance platform will serve as “a natural extension of [BCP’s] c...

Press release content from Business Wire. The AP news staff was not involved in its creation. AM Best Assigns Credit Ratings to The Gray Indemnity Company; Affirms Credit Ratings of The Gray Insurance Company and Affiliate January 28, 2021 GMT OLDWICK, N.J.--(BUSINESS WIRE)--Jan 28, 2021-- AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to The Gray Indemnity Company (GID). The outlook assigned to these Credit Ratings (rating) is stable. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the...