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Atlantic American Corporation (OQ:AAME)

Business Focus: Life Insurance

May 14, 2024 10:51 am ET
Atlantic American Corporation Reports First Quarter Results for 2024
Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or ($0.10) per common share, in the first quarter of 2024 compared to net loss of $1.4 million, or ($0.08) per common share, in the first quarter of 2023.   The...
Apr 01, 2024 04:12 pm ET
Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2023; Declares Annual Dividend
Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended December 31, 2023 of $2.2 million, or ($0.11) per diluted share, as compared to net income of $1.0 million, or $0.05 per diluted share, for the...
Mar 06, 2024 11:29 am ET
AM Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of Bankers Fidelity Life Insurance Company and its wholly owned and 100% reinsured subsidiaries, Bankers Fidelity Assurance Company and Atlantic Ca
Nov 13, 2023 05:24 pm ET
Atlantic American Corporation Reports Third Quarter Results for 2023
Atlantic American Corporation (Nasdaq- AAME) today reported net income of $1.8 million, or $0.08 per diluted share, for the three month period ended September 30, 2023, compared to net loss of $0.7 million, or $(0.04) per diluted share, for the...
Aug 08, 2023 02:55 pm ET
Atlantic American Corporation Reports Second Quarter Results for 2023; Declares Annual Dividend
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2023 of $1.7 million, or $0.08 per diluted share, as compared to net loss of $1.7 million, or $0.09 per diluted share, for the...
Jun 30, 2023 03:32 pm ET
Atlantic American Corporation Reports Fourth Quarter and Year-End Results for 2022, First Quarter Results for 2023
Atlantic American Corporation (Nasdaq: AAME) announced today that the Company has filed its Annual Report on Form 10-K for the year ended December 31, 2022 (the “Form 10-K”) and its Quarterly Report on Form 10-Q for the quarterly period ended March...
May 22, 2023 11:10 am ET
Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-Q Filing
Atlantic American Corporation (Nasdaq: AAME) announced today that on May 18, 2023, the Company received a notice from The Nasdaq Stock Market LLC stating that because the Company had not yet filed its Quarterly Report on Form 10-Q for the quarterly...
Apr 21, 2023 11:53 am ET
Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-K Filing
Atlantic American Corporation (Nasdaq: AAME) announced today that on April 18, 2023, the Company received a notice from The Nasdaq Stock Market LLC stating that because the Company had not yet filed its Annual Report on Form 10-K for the year ended...
Nov 08, 2022 02:37 pm ET
Atlantic American Corporation Reports Third Quarter Results for 2022
Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended September 30, 2022 of $0.7 million, or $0.04 per diluted share, as compared to net loss of $0.9 million, or $0.05 per diluted share, for the...
Aug 12, 2022 02:03 pm ET
Atlantic American Corporation Reports Second Quarter Results for 2022
Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended June 30, 2022 of $1.7 million, or $0.09 per diluted share, as compared to net income of $3.0 million, or $0.14 per diluted share, for the...
May 11, 2022 12:35 pm ET
Atlantic American Corporation Reports First Quarter Results For 2022
Atlantic American Corporation (Nasdaq- AAME) today reported net income of $2.8 million, or $0.13 per common share, in the first quarter of 2022 compared to net loss of $0.4 million, or $0.03 per common share, in the first quarter of 2021....
Mar 25, 2022 11:45 am ET
Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2021; Declares Annual Dividend
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended December 31, 2021 of $2.7 million, or $0.12 per diluted share, as compared to net income of $11.8 million, or $0.54 per diluted share, for the...
Nov 10, 2021 10:17 am ET
Atlantic American Reports Third Quarter Results For 2021
Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended September 30, 2021 of $0.9 million, or $0.05 per diluted share, as compared to net income of $1.9 million, or $0.09 per diluted share, for the...
Aug 10, 2021 01:00 pm ET
Atlantic American Corporation Reports Second Quarter Results For 2021
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2021 of $3.0 million, or $0.14 per diluted share, as compared to net income of $6.5 million, or $0.30 per diluted share, for the...
May 11, 2021 10:24 am ET
Atlantic American Corporation Reports First Quarter Results for 2021
Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $0.4 million, or $0.03 per common share, in the first quarter of 2021 compared to net loss of $8.1 million, or $0.40 per common share, in the first quarter of 2020.   The...
Apr 22, 2021 03:48 pm ET
AM Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” of Bankers Fidelity Life Insurance Company and its wholly owned and 100% reinsured subsidiary, Bankers Fidelity Assurance Company (collectively referred to as Bankers Fide
Mar 23, 2021 12:51 pm ET
Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2020; Declares Annual Dividend
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended December 31, 2020 of $11.8 million, or $0.54 per diluted share, as compared to net income of $1.3 million, or $0.06 per diluted share, for the...
Nov 10, 2020 12:42 pm ET
Atlantic American Reports Third Quarter Results
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended September 30, 2020 of $1.9 million, or $0.09 per diluted share, as compared to net loss of $1.4 million, or $0.07 per diluted share, for the...
Aug 11, 2020 01:07 pm ET
Atlantic American Corporation Reports Second Quarter Results for 2020
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2020 of $6.5 million, or $0.30 per diluted share, as compared to net loss of $4.4 million, or $0.22 per diluted share, for the...
May 11, 2020 11:04 am ET
Atlantic American Corporation Reports First Quarter Results for 2020
Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $8.1 million, or $0.40 per diluted share, in the first quarter of 2020 compared to net income of $4.2 million, or $0.19 per diluted share, in the first quarter of 2019. The...
Apr 27, 2020 08:49 am ET
AM Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries
Atlantic American Corporation (Nasdaq- AAME) today announced that AM Best had affirmed the financial strength rating of A- (Excellent) for its life and health subsidiary, Bankers Fidelity Life Insurance Company and its wholly owned and 100%...
Apr 22, 2020 04:53 pm ET
AM Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” of Bankers Fidelity Life Insurance Company and its wholly owned and 100% reinsured subsidiary, Bankers Fidelity Assurance Company (collectively referred to as Bankers Fide
Mar 24, 2020 02:11 pm ET
ATLANTIC AMERICAN CORPORATION REPORTS FOURTH QUARTER AND YEAR END RESULTS FOR 2019
Atlantic American Corporation (Nasdaq- AAME) today reported its results for the fourth quarter and year ended December 31, 2019.  For the fourth quarter ended December 31, 2019, the Company reported net income of $1.3 million, or $0.06 per diluted...
Nov 12, 2019 02:08 pm ET
Atlantic American Reports Third Quarter Results
Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended September 30, 2019 of $1.4 million, or $0.07 per common share, as compared to net income of $0.9 million, or $0.04 per common share, for the...
Aug 13, 2019 12:13 pm ET
Atlantic American Reports Second Quarter Results
Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended June 30, 2019 of $4.4 million, or $0.22 per common share, as compared to net income of $3.2 million, or $0.15 per common share, for the comparable...
May 13, 2019 10:02 am ET
Atlantic American Corporation Reports First Quarter Results for 2019
Atlantic American Corporation (Nasdaq- AAME) today reported net income of $4.2 million in the first quarter of 2019 compared to a net loss of $5.0 million in the first quarter of 2018.  The increase in net income is primarily the result of...
Apr 05, 2019 12:01 pm ET
AM Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries
AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” of Bankers Fidelity Life Insurance Company and its wholly owned and 100% reinsured subsidiary, Bankers Fidelity Assurance
Apr 01, 2019 02:04 pm ET
Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2018; Declares Annual Dividend
Atlantic American Corporation (Nasdaq- AAME) today reported its results for the fourth quarter and year ended December 31, 2018.  For the fourth quarter ended December 31, 2018, the Company reported net income of $0.2 million, or $0.01 per diluted...
Nov 21, 2018 07:25 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within Atlantic American, Titan Medical, Adial Pharmaceuticals, Aptinyx, Sotherly Hotels, and Titan Pharmaceuticals — New Research Emphasiz
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Atlantic American Corporation (NASDAQ:AAME), Titan Medical Inc....
Nov 13, 2018 12:09 pm ET
Atlantic American Reports Third Quarter Results
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended September 30, 2018 of $0.9 million, or $0.04 per share, as compared to $0.7 million, or $0.03 per share, for the comparable period of 2017.  For...
Aug 14, 2018 11:11 am ET
Atlantic American Reports Second Quarter Results
Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2018 of $3.2 million, or $0.15 per share, as compared to $1.5 million, or $0.07 per share, for the comparable period of 2017.  For the...
Jun 11, 2018 12:26 pm ET
Atlantic American names McClure King as President of its Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company Subsidiaries
Atlantic American Corporation (Nasdaq:AAME) today announced that the Board of Directors has appointed McClure King to serve as President of its Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company subsidiaries. McClure...
Jun 11, 2018 12:17 pm ET
Atlantic American names Rick Burns as Executive Vice President of Atlantic American Corporation and its Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company Subsidiaries
Atlantic American Corporation (Nasdaq:AAME) today announced that the Board of Directors has appointed Rick D. Burns to serve as Executive Vice President of Atlantic American Corporation as well as Executive Vice President of its Bankers Fidelity...
May 11, 2018 10:12 am ET
Atlantic American Reports First Quarter Results
Atlantic American Corporation (Nasdaq:AAME) today reported a first quarter 2018 net loss of $5.0 million, or $0.25 per common share, as compared to a net loss of $0.2 million, or $0.02 per common share, in the first quarter of 2017.  The increase...
Mar 26, 2018 04:57 pm ET
Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2017 and Declares 2018 Annual Dividend
ATLANTA, March 26, 2018 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq:AAME) today reported its results for the fourth quarter and year ended December 31, 2017. For the fourth quarter ended December 31, 2017, the Company reported net income...
Mar 01, 2018 10:17 am ET
A.M. Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries
A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, A.M. Best has affirmed the FSR of A-(Excellent) and the Long-Term ICR of “a-” of Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company (co
Nov 20, 2017 03:05 pm ET
Atlantic American Names Ross Franklin Chief Financial Officer
ATLANTA, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq:AAME) today announced that the Board of Directors has appointed J. Ross Franklin to serve as Vice President and Chief Financial Officer, and Corporate Secretary, of the Company....
Nov 14, 2017 02:00 pm ET
Atlantic American Reports Third Quarter Earnings
ATLANTA, Nov. 14, 2017 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq:AAME) today reported net income of $0.7 million, or $0.03 per diluted share, for the three month period ended September 30, 2017, compared to net income of $0.1...
Aug 14, 2017 03:26 pm ET
Atlantic American Reports Second Quarter Earnings
Insurance premiums increased 2.6% and 4.3% for the three month and six month periods ended June 30, 2017, respectively, as compared to the comparable periods of 2016Net income for the three month and six month periods ended June 30, 2017 was $1.5 million and $1.2 million, respectively, as compared to $0.2 million and $1.1 million, respectively, for the comparable periods of 2016 ATLANTA, Aug. 14, 2017 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq:AAME) today reported net income of $1.5 million, or $0.07 per diluted share, for the three month period ended June 30, 2017, compared ...
Aug 11, 2016 10:51 am ET
Atlantic American Reports Second Quarter Earnings
Insurance premiums increased 2.7% and 2.8% for the three month and six month periods ended June 30, 2016, respectively, as compared to the comparable periods of 2015Net income for the three month and six month periods ended June 30, 2016 was $0.2 million and $1.1 million, respectively, as compared to $3.3 million and $4.0 million, respectively, for the comparable periods of 2015Operating income increased for both the three month and six month periods ended June 30, 2016 to $0.2 million and $0.8 million, respectively, as compared to $41 thousand and $0.1 million, respectively, for the compara...
May 12, 2016 09:13 am ET
Atlantic American Reports First Quarter Results
Pre-tax income for the 1st quarter of 2016 increases 36.2% from the 1st quarter of 2015.Insurance premiums increase 2.9% with increases in both the life and health and property and casualty operations. ATLANTA, May 12, 2016 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq:AAME) today reported first quarter 2016 net income of $0.9 million or $0.04 per common share as compared to $0.7 million or $0.03 per common share in the first quarter of 2015.  Pre-tax income was up 36.2% as compared to the 2015 first quarter; however, a higher effective tax rate in the first quarter of 2016 resul...