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Press release content from PR Newswire. The AP news staff was not involved in its creation. Embark General takes over policies of defunct ACCC insurance company December 15, 2020 GMT SANDY SPRINGS, Ga., Dec. 15, 2020 /PRNewswire/ -- Embark General, through its wholly owned subsidiary Nations General Insurance Agency LLC, has agreed to the assumption of the Texas and Alabama auto insurance business of Houston based ACCC insurance company. The assumption of the business will be effective December 1st, 2020, and is still subject to final court approval. This will be Embark General’s third acqu...

Georgia Nonstandard Auto Insurer to Assume Business of Troubled Texas Carrier, ACCC December 15, 2020 A portion of the personal auto insurance business of a Texas insurance company that appeared to be headed for liquidation at the end of November is being assumed by a Georgia-based insurer. Embark General, headquartered in Atlanta, said it is assuming the Alabama and Texas nonstandard auto business of Houston-based ACCC Insurance Co., which was placed into receivership on Oct. 21 at the request of the Texas Department of Insurance. A request for an order of...