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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 âsignificant investmentâ 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 Grayâs insurance platform will serve as âa natural extension of [BCPâs] c...