Biglari Holdings Inc. News

Arkansas’ Southern Pioneer P/C Insurance Acquired by Biglari; Ratings Unchanged

AM Best said the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of Southern Pioneer Property and Casualty Insurance Co. (Southern Pioneer), based in Jonesboro, Ark., remain unchanged following its acquisition by …

Biglari Holdings Inc. to Acquire Pacific Specialty Insurance Co. in California

Biglari Holdings Inc. and Pacific Specialty Insurance Co. announced a definitive agreement for a subsidiary of Biglari Holdings to acquire all of the outstanding shares of the parent company of California-based Pacific Specialty and its affiliated agency, McGraw Insurance Inc., …