Palomar Insurance Holdings, Inc. /
The Gray Casualty & Surety Company
Palomar Insurance Holdings, Inc. agrees to buy The Gray Casualty & Surety Company
Source for the buyer and target: Palomar Holdings, Inc.
For the buyer and target.
“As previously announced, on October 27, 2025, Palomar Insurance Holdings, Inc. (the “Buyer”), a direct, wholly owned subsidiary of Palomar Holdings, Inc. (the “Company”) entered into an equity purchase agreement (the “Purchase Agreement”) with The Gray Casualty & Surety Company (“Target”) and BCP Surety Group Sole Member, LLC (the “Seller”), pursuant to which the Buyer will purchase from Seller all of the issued and outstanding equity interests of Target for a purchase price of $300 million, subject to customary adjustments set forth in the Purchase Agreement (the “Transaction”).”
Published 2 Feb 2026
Open the sourceWhat happened
Palomar Insurance Holdings, Inc. agreed to acquire The Gray Casualty & Surety Company for approximately $311 million, according to a filing dated Feb. 2, 2026. [01]
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Palomar Insurance Holdings, Inc. agrees to buy The Gray Casualty & Surety Company
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“Palomar Insurance Holdings, Inc. agrees to buy The Gray Casualty & Surety Company Palomar Insurance Holdings, Inc. agreed to acquire The Gray Casualty & Surety Company for approximately $311 million, according to a fi…”
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