Atlantic American Corporation (AAME) is an insurance holding company that, through its subsidiaries, delivers a diverse range of life, health, and property & casualty insurance offerings throughout the United States. Its operations are segmented into American Southern and Bankers Fidelity. Within its property and casualty division, AAME underwrites commercial auto coverage tailored for state and local government agencies, as well as various motor pool and fleet operators. This division also furnishes inland marine and general liability insurance. Additionally, it offers surety bonds, including those for subdivision development, school bus service contracts, and guarantees of performance and payment. Furthermore, the company's life and health insurance portfolio encompasses both individual and group whole life policies, alongside Medicare supplement plans. It also extends a suite of additional accident and health coverages. These include specific individual and group policies providing benefits for diagnosed cancer and other critical illnesses, as well as policies for short-term nursing facility care, accident expenses, hospital indemnity, and disability protection. Distribution of its diverse product lines is managed through a network of independent agents and brokers. Established in 1937, Atlantic American Corporation maintains its corporate headquarters in Atlanta, Georgia.
Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Second Quarter Form 10-Q Filing
Atlantic American Corporation received a Nasdaq deficiency notice due to delinquency in filing its Form 10-K for the year ended December 31, 2025, and its Form 10-Qs for the quarters ended March 31 and June 30, 2026.
The company is not in compliance with Nasdaq Listing Rule 5250(c)(1), though the notice has no immediate effect on the listing or trading of its common stock.
Nasdaq has granted an extension until October 12, 2026, and the company must submit an updated compliance plan by September 4, 2026 to maintain this status.