By james art CADA insurance servicesAn insurance company based in Louisiana, with an office in Baton Rouge, has been acquired by TrucordiaNational Insurance Company with headquarters in Lindon, Utah.
CADA offers automotive, commercial, residential and general liability insurance, as well as workers compensation solutions. His Baton Rouge office is near the intersection of Florida and Wooddale boulevard. In addition to its office Baton Rouge, the company has offices in Chalmette, Gretna and Kenner.
Trucordia employs over 5,000 people across the country and boasts its status as “Top 20 American Insurance Mediator”, ranking No. 19 of Business insurance“List of top 100 brokers of 2024S The company was called PCF insurance but Rebranded as Trucordia in OctoberS
According to a statement, the acquisition of CADA by Trucordia is part of its “transformation growth strategy”, which is built when acquireing businesses with high growth potential in target industries and markets that improve its offers for their customers.
The terms of the deal were not disclosed.