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 providing personal auto insurance exclusively in Louisiana and predominantly within the New Orleans and Baton Rouge metropolitan areas.
The acquisition complements IMC’s strategy for organic growth and expansion throughout the Southern United States. The acquisition of NAIC will nearly double Imperial’s auto premium writings in Louisiana.
At closing, National Automotive Insurance Co. will operate as a subsidiary of IMC, joining Imperial Fire & Casualty Insurance Co., ABC Insurance Agencies and RAC Insurance Partners.
Source: Imperial Management Corp.
Topics Mergers & Acquisitions Louisiana
Was this article valuable?
Here are more articles you may enjoy.
High-Powered Dads Are Spending Less Time at Work, More on Childcare 
Tesla Premiums Soared in 2025 With Loss Ratios Worse Than Industry 
South Florida Police Officers Sue Actors, Say Details in ‘The Rip’ Are Too Real 
Ex-NFL Player Sentenced to 16 Years in Prison for $200M Medicare Fraud Scheme 
