Southport Lane LP News

An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers’ investments was built by a private equity firm in part on questionable assets and is now being dismantled, according to the Wall Street Journal. …

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 …