Categories
Archives

Archive for the ‘acceptance insurance company’ Category

PostHeaderIcon Acceptance Insurance Information

The agricultural risk management company, Acceptance Insurance, offers insurance products and provides property and casualty insurance as well. Acceptance Insurance provides insurance under two insurance company subsidiaries called American Growers Insurance Company and Acceptance Insurance Company.  AGIC provided insurance products before stopping operations back in 2002.  The District Court of Lancaster County, Nebraska placed AGIC into rehabilitation December, 2002. Acceptance’s only operation remaining is AIC which is under administrative supervision.  They continue to control the run off of discontinued and sold companies.  Because of drought and inadequate growing conditions, AI also divested American Agrisurance which is its crop insurance business.  AIC sold its property and casualty operations to Hannover Re and McM.