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New York Liquidation Bureau
Maria T. Vullo
Superintendent as Receiver
 
Court Orders:


Contact Person(s):

Michael Ferreira

 

Phone  (212) 341-6589

Email  MFerreira@nylb.org

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American Consumers Insurance Co.

Estate Profile:
Date of Rehabilitation: 09/06/1985 - Order amended 09/20/1985
Date of Liquidation: 03/26/1986
Termination of Policies:  
      Out of State: 10/20/1985
      New York: 05/11/1986
Proof of Claim Filing Deadline: 03/27/1987
Dividend Distribution: 06/2002 15.00%
12/2011 10.00%
03/2013 04.37%
TOTAL 29.37%
Bar Date: 12/31/2001


Historical Information:

American Consumers Insurance Company was incorporated October 2, 1946, as the "Eastern Casualty and Surety Company". On September 26, 1949, the name was changed to "Eastern Casualty Company", however, the company was not licensed until March 15, 1950, and it began business on April 1,1950. In 1956, the company was acquired by the "American Casualty Company of Reading, Pennsylvania". On December 16, 1959, ownership was passed to The American Plan Corporation and in May 1960, the name was changed to American Consumer Insurance Company. In 1963, American Fidelity Fire acquired ownership of American Consumer Insurance Company of Woodbury, New York at which time it became a subsidiary of The American Plan Corporation.