Office of the Special Deputy Receiver

Representing Robert H. Muriel, Director of the Illinois Department of Insurance

J. Kevin Baldwin, Acting Special Deputy Receiver & Chief Executive Officer

American Service Insurance Company (ASIC), American Country Insurance Company (ACIC) and Gateway Insurance Company (GIC)

Welcome to the webpage for American Service Insurance Company (ASIC), American Country Insurance Company (ACIC), and Gateway Insurance Company (GIC). On July 8, 2019 American Service Insurance Company and American Country Insurance Company were placed into rehabilitation. Subsequently, on October 16, 2019, Gateway Insurance Company was placed into rehabilitation. Robert H. Muriel, Director of the Illinois Department of Insurance, was affirmed as statutory and court-affirmed Rehabilitator. By Illinois law, the Director may appoint a Special Deputy Receiver to administer the receivership. The Office of the Special Deputy Receiver has been appointed to assist in the day-to-day administration of the rehabilitation proceedings under the direction of the Director. Additional information on American Service Insurance Company, American Country Insurance Company and Gateway Insurance Company will be posted below:
Liquidation Date: August 11, 2020 (ASIC and ACIC)
Liquidation Date: June 10, 2020 (GIC)
Rehabilitation Date: October 16, 2019 (GIC)
Rehabilitation Date: July 08, 2019 (ASIC and ACIC)
Claims Filing Deadline: 12/10/2021 @ 4:30pm CST (ASIC, ACIC & GIC)
Contingent Claims Filing Deadline: 06/10/2022 @ 4:30pm CST (ASIC, ACIC & GIC)
Docket Number: 2019 CH 07852
  Click here to view American Service Insurance Company and American Country Insurance Company Docket and upcoming court dates maintained by Clerk of the Supervising Court.
Related Documents and Links:  
Receivership Pleadings and Orders
Statement of Affairs
Invitation For Bids: Purchase of ASIC and ACIC’s clean corporate charter; and 64 Certificates of Insurance or State Licenses.
Pleadings Concerning Substantive Consolidation of Estates
ASIC and ACIC Liquidation FAQ
ASIC and ACIC Notices
GIC FAQ
GIC Notices
Invitation For Bids: Purchase of Gateway’s corporate charter, 47 state insurance licenses, and 9 state statutory deposits


Latest News:

American Country Insurance Company (ASIC), American Service Insurance Company (ACIC), and Gateway Insurance Company (GIC) On September 10, 2020, the Supervising Court entered an order providing for the filing of proofs of claims in the American Service Insurance Company and American Country Insurance Company’s receivership estates and establishing a claim filing deadline of December 10, 2021 at 4:30 p.m. C.D.T.. The court also set a deadline of June 10, 2022 at 4:30 p.m. C.D.T. as the last day that any insured’s timely filed contingent claim must be liquidated by presenting proof of payment to the Liquidator. A copy of the court’s claim procedure order can be found here.

American Country Insurance Company and American Service Insurance Company ("ACIC and ASIC") On August 20, 2020, the Liquidator posted an Invitation for Bids (“IFB”) for the purchase of ACIC and ASIC’s clean corporate charter; and 64 Certificates of Insurance or State Licenses. The IFB can be found here.

American Service Insurance Company and American Country Insurance Company 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, by the Circuit Court of Cook County, Illinois (the “Supervising Court”). The Liquidation Order affirmed Robert H. Muriel, Director of the Illinois Department of Insurance, as statutory Liquidator.

Gateway Insurance Company On June 10, 2020, an Agreed Order of Liquidation With A Finding of Insolvency (the “Liquidation Order”) was entered against Gateway Insurance Company, by the Circuit Court of Cook County, Illinois (the “Supervising Court”). The Liquidation Order affirmed Robert H. Muriel, Director of the Illinois Department of Insurance, as statutory Liquidator.

Gateway Insurance Company On January 30, 2020, the Rehabilitator posted an Invitation for Bids (“IFB”) for the purchase of Gateway’s corporate charter, 47 state insurance licenses, and 9 state statutory deposits. The IFB and related documents can be found here.


On October 16, 2019, an Agreed Order of Rehabilitation (the Agreed Order”) was entered against Gateway Insurance Company, by the Circuit Court of Cook County, Illinois (“Supervising Court”). The Agreed Order affirmed Robert H. Muriel, Director of the Illinois Department of Insurance, as Gateway’s statutory Rehabilitator.


On July 8, 2019, an Agreed Order of Rehabilitation (the Agreed Order”) was entered against both American Service Insurance Company and its affiliate American Country Insurance Company, by the Circuit Court of Cook County, Illinois (“Supervising Court”). The Agreed Order affirmed Robert H. Muriel, Director of the Illinois Department of Insurance, as ASIC’s statutory rehabilitator.

Rehabilitator’s Statement Concerning March 31, 2019 Quarterly Financial Statements

The Illinois Department of Insurance (“IDOI”) granted an extension for the filing of the company’s March 31, 2019 financial statements based upon material differences in management and the IDOI’s actuarial assessment of 12/31/18 reserves. IDOI and the Rehabilitator are assessing the carried reserves for the Q2 financial statements, which are due to be filed on August 15, 2019.

Rehabilitator’s Statement Concerning the Transition of In-Force Policies and Financial Commitment Received from Atlas Financial Holdings, Inc.

The Rehabilitator is working with management of the companies’ corporate parent, Atlas Financial Holdings, Inc. (“Atlas”), to (i) transition the company’s policyholders to alternative insurance markets within a reasonable period of time, utilizing the existing platform of Atlas’ wholly-owned Managing General Agency (“MGA”), (ii) secure additional reinsurance protection until this policyholder transition is complete, and (iii) secure prior commitments made by Atlas to contribute 49% of the proceeds of a potential sale of the MGA to the insurance company to support the run off of its legacy policyholder obligations.

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