AM Best Comments on Credit Ratings of Southern Pioneer Property and Casualty Insurance Company Following Acquisition by Biglari Holdings Inc.

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OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that 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 Company (Southern Pioneer) (Jonesboro, AR) remain unchanged following its acquisition by Biglari Holdings Inc. Biglari Holdings Inc. officially acquired Southern Pioneer, an insurer offering commercial property, homeowners, dwelling and other coverages with a presence throughout

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