News Column

A.M. Best Places Ratings of Imperial Fire and Casualty Insurance Company Under Review With Positive Implications

June 27, 2014

OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Besthas placed under review with positive implications the financial strength rating (FSR) of B+ (Good) and the issuer credit rating (ICR) of “bbb-” of Imperial Fire and Casualty Insurance Company(Imperial)(Opelousas, LA).

The under review with positive implications status follows the recent announcement that National General Holdings Corp. (NGHC) (Winston-Salem, NC) has purchased Imperial, National Automotive Insurance Company and the business assets of Imperial Management Corporation.

The positive implications also reflect the FSR of A- (Excellent) and the ICR of “a-” of Integon National Insurance Company (Integon), the lead company of the National General Group, and the addition of Imperial to the affiliated pool agreement of Integon.

NGHC is a licensed property/casualty writer offering personal auto, recreational vehicle, motorcycle, commercial auto and other lines.

Imperial is a licensed property/casualty writer, domiciled in Louisiana primarily offering private passenger non-standard auto in Louisiana, Florida and Texas.

The ratings will remain under review until A.M. Best has the opportunity to evaluate Imperial under the new parent company and fully analyze its future business plans, as well as its overall risk-adjusted capitalization.

The methodology used in determining these ratings is Best’s Credit Rating Methodology, which provides a comprehensive explanation of A.M. Best’s rating process and contains the different rating criteria employed in the rating process. Best’s Credit Rating Methodology can be found at

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit

Copyright © 2014 by A.M. Best Company, Inc.ALL RIGHTS RESERVED.

A.M. Best

Colette Fearon, 908-439-2200, ext. 5548

Financial Analyst


Jim Peavy, 908-439-2200, ext. 5644

Assistant Vice President, Public Relations


Joseph A. Burtone, 908-439-2200, ext. 5125

Assistant Vice President

Source: A.M. Best

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Source: Business Wire

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