Atlantic American Corp. AAME

What this company does

Atlantic American Corporation operates in well-defined specialty markets within the life and health insurance and property and casualty insurance industries. The company and its subsidiaries employed 156 people at December 31, 2024, of whom 153 were full-time. The Parent's principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company, together known as American Southern, within the property and casualty insurance industry, and Bankers Fidelity Life Insurance Company, Bankers Fidelity Assurance Company and Atlantic Capital Life Assurance Company, together known as Bankers Fidelity, within the life and health insurance industry. American Southern is licensed to do business in 32 states and the District of Columbia. Products offered by Bankers Fidelity include ordinary life insurance, Medicare supplement and other accident and health insurance products. Bankers Fidelity acquires its clientele through three distribution channels spread across 46 different states and two business divisions, all of which utilize commissioned, independent agents. Atlantic American Corporation was incorporated in Georgia in 1968.

Written from the business description in ATLANTIC AMERICAN CORP's annual report to the U.S. Securities and Exchange Commission, filed 25 March 2025. Every sentence was checked against that document before publication.