An application for an order of liquidation has been filed in a Travis County, Texas, district court for a Houston-based nonstandard auto insurer now in receivership.
With the agreement of its board of directors, ACCC Insurance Co. was placed into receivership on Oct. 21 by Travis County District Judge Tim Sulak at the request of the Texas Department of Insurance. The application for liquidation was filed Nov. 24 by the TDI-appointed Special Deputy Receiver (SDR) for ACCC, Prime Tempus Inc., which has found the company to be insolvent.
Privately held ACCC is headquartered in Houston and in addition to Texas, the company offers its insurance products in Alabama, Georgia, Mississippi, New Mexico and South Carolin…
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