Boston Omaha Divests UCS to CopperPoint: Strategic Acquisition

On May 18, 2026, Boston Omaha Corporation announced plans to divest its surety insurance business, United Casualty and Surety Insurance Company (UCS). This move involves a definitive Securities Purchase Agreement with CopperPoint Insurance Company, which will acquire all equity interests of General Indemnity Group, LLC (GIG). The acquisition, featuring the inclusion of the surety placement platform BOSS Bonds, is structured as an all-cash transaction.

CopperPoint, based in Phoenix, Arizona, is recognized for its expertise in workers' compensation alongside a diverse array of property/casualty services. The acquisition also encompasses SuretyBonds.Market, GIG’s proprietary technology platform, and is expected to close before the end of 2026. The completion depends on regulatory approvals from authorities such as the Nebraska Department of Insurance, along with other customary conditions.

For the fiscal year ending December 31, 2025, GIG reported revenues of $27.2 million, with UCS’s shareholder equity approximately 2.4% of CopperPoint's equity. Net premiums written stand at 3.4%. AM Best has affirmed CopperPoint’s Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” (Excellent), cementing confidence in its risk-adjusted capitalization levels, as assessed via Best's Capital Adequacy Ratio.