ATLANTIC AMERICAN CORPORATION
Specialty insurance holding company serving senior life, health, and commercial auto markets through independent agent networks.
Overview
Atlantic American Corporation (Nasdaq: AAME) is an Atlanta-based insurance holding company established in 1968. The company operates through two primary segments -- Life and Health, and Property and Casualty -- serving specialty insurance markets through a nationwide network of independent agents.
The Life and Health segment is anchored by Bankers Fidelity Life Insurance Company (est. 1955), which focuses on the senior market with Medicare supplement and supplemental health products, and Atlantic American Employee Benefits, which offers voluntary workplace benefits underwritten by Bankers Fidelity. The Property and Casualty segment is operated through American Southern Insurance Company (est. 1937), which specializes in commercial auto insurance and related liability programs.
As of year-end 2024, the company reported total assets of USD 393.4 million, shareholders equity of USD 99.6 million, and full-year net premiums of USD 178.7 million. Through the first nine months of 2025, net premiums grew nearly 12% year-over-year to USD 149.0 million, with the company returning to profitability (net income of USD 4.7 million for the nine months ended September 30, 2025).
At a Glance
- Founded
- 1968
- Headquarters
- Atlanta, GA
- Employees
- 51-200
Category & Focus
Last updated: 2026-05-11