American Country Insurance Company Liquidation. On august 11, 2020, an agreed order of liquidation with a finding of insolvency (the “liquidation order”) was entered against american service insurance company and american country insurance company (“asic” and acic” respectively), by the circuit court of cook county, illinois (the “court”). (atlas) companies that specialized in insuring commercial drivers, including taxicabs, limousines, paratransit, and airport transit.
At the company atlas financial holdings, inc. Welcome to the webpage for the liquidation of gateway insurance company (gic), american country insurance company (acic), and american service insurance company (asic) (collectively, the “asi pool companies”). American country insurance company and american service insurance company, two related companies under the atlas group umbrella, were declared insolvent and placed into liquidation by an illinois court on august 11, 2020.the agreed order of liquidation with a finding of insolvency may be viewed here.the liquidation order triggered the texas.