Biglari Holdings Inc. To Acquire Pacific Specialty Insurance Company PR Newswire SAN ANTONIO, TX and PALO ALTO, CA, May 25, 2017 SAN ANTONIO, TX and PALO ALTO, CA , May 25, 2017 /PRNewswire/ -- Biglari Holdings Inc. (NYSE: BH) and Pacific Specialty Insurance Company announced today a definitive agreement for a subsidiary of Biglari Holdings to acquire all of the outstanding shares of the parent company of Pacific Specialty and its affiliated agency, McGraw Insurance, Inc., from its shareholders...