Atlantic American Corp.
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About
Atlantic American Corporation operates as a specialty insurance holding company serving niche markets through two primary subsidiaries: Bankers Fidelity Life Insurance Company and American Southern Insurance Company. Headquartered in Atlanta, Georgia, the company provides life, health, and property-casualty insurance products tailored to specific customer segments. The Bankers Fidelity segment offers Medicare supplement insurance, cancer and critical illness policies, hospital indemnity plans including Vantage Flex Plus, short-term care products, and individual and group whole life insurance. American Southern focuses on commercial automobile insurance for state and local government fleets, general liability coverage, inland marine insurance, and surety bonds for construction and performance guarantees. Atlantic American reported strong second-quarter 2025 financial results with net income of $3.3 million compared to a year-earlier loss, driven by insurance premium growth from $45 million to $50.1 million. The company's total assets reached $429.3 million with book value per share increasing to $4.94, reflecting successful execution across both insurance segments. Atlantic American's strategy targets underserved markets where specialized expertise and tailored products create sustainable competitive advantages.