Atlantic American Corporation is a Georgia-based holding company that operates two independent specialty insurance subsidiaries: American Southern, which provides commercial property and casualty insurance (including automobile, general liability, and surety bonds) to government entities, municipalities, and large fleets through a network of independent agents; and Bankers Fidelity, which offers life insurance and supplemental health products (primarily Medicare supplement coverage) to individuals and groups through licensed agents across multiple states. Both divisions generate revenue from premium collections and investment income, with American Southern focusing on multi-year block accounts in commercial markets and Bankers Fidelity serving a broad base of health insurance customers. The company maintains strong financial positions through claims-handling capabilities, investment-grade ratings from A.M. Best, and a diversified investment portfolio focused on fixed-income securities.