National Automotive Insurance Co. News

Ratings of Louisiana-Based Imperial Fire and Casualty Upgraded

A.M. Best removed from under review with positive implications and upgraded the financial strength rating (FSR) to A- (Excellent) from B+ (Good) and the issuer credit rating (ICR) to “a-” from “bbb-” of Imperial Fire and Casualty Co. in Opelousas, …

Imperial Management Corp. Completes National Automotive Insurance Co. Acquisition

Louisiana-based, Imperial Management Corp. (IMC), and Southport Lane LP announced that IMC has obtained all required regulatory approvals and closed its previously announced acquisition of National Automotive Insurance Co. (NAIC), an insurance company headquartered in Metairie, La. NAIC specializes in …

A.M. Best Downgrades National Automotive Insurance Co.

A.M. Best Co. has downgraded the financial strength rating to C (Weak) from B (Fair) and issuer credit rating to “ccc” from “bb” of National Automotive Insurance Co. (National Automotive) of Metairie, La. The outlook for both ratings is negative. …