Financial News

The Warnock Agency, Inc. Announces the Acquisition of Freestate Bonds, Inc.

The Warnock Agency, Inc. (“TWA”), part of General Indemnity Group, LLC (“GIG”), a subsidiary of Boston Omaha Corporation (NASDAQ: BOMN) has completed the acquisition of Freestate Bonds, Inc. (“Freestate”), of Upper Marlboro, Maryland. Established in 1991, Freestate Bonds has specialized in providing court and related surety bonds to Maryland and District of Columbia residents and attorneys for over 26 years.

With this acquisition, Freestate is able to expand its offerings of bond products, while still providing the excellent service its customers have enjoyed for the past quarter century. The business and its employees will remain in their current location, and continue to operate as Freestate Bonds, Inc. Lamon Warnock, President of TWA, commented, "We are excited to add Freestate to our team of bond professionals. We look forward to building on the strong foundation and outstanding reputation of Freestate going forward.”

Terms of the transaction were not disclosed.

For more information on The Warnock Agency, Inc. or for any surety needs, please visit www.ezsuretybonds.com. TWA provides bonds for customers in all 50 states.

General Indemnity Group, LLC

General Indemnity Group, LLC, and its subsidiaries offer a broad range of surety products and related services. For more information on General Indemnity Group, LLC, please visit www.gi.insure.

Contacts:

General Indemnity Group, LLC
Michael Scholl, ACAS, MAAA, 857-246-9399
President
or
The Warnock Agency, Inc.
Lamon Warnock, 678-971-4195
President

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