On September 11, 1997, Inland American Insurance Company, a domestic property and casualty company, was placed under an Order of Conservation. On September 19, 1997, an Agreed Order of Liquidation With a Finding of Insolvency was entered against the company in the Circuit Court of Cook County, Illinois. All outstanding shares of common stock are owned by Inland Investors, L.P., a limited partnership domiciled in Illinois.

Licensed only in Illinois, this company primarily wrote property and liability coverages for under twelve unit rehabilitated apartment buildings.

The claim filing deadline was September 21, 1998, with a contingent claim date of September 19, 1999.   1,443 claims were filed with the Liquidator.  Early access distributions of $1,522,278 have been made to the Illinois Guaranty Fund for administrative expenses.