---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-21-037381"
form_type: "8-K"
ticker: "AAME"
cik: "0000008177"
company_name: "ATLANTIC AMERICAN CORP"
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:21:02.144585+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Atlantic American reports Q3 net loss of $0.9M vs prior-year net income of $1.9M

## Summary
- Q3 2021 net loss $0.9M ($0.05/sh) vs net income $1.9M ($0.09/sh) in Q3 2020.
- Operating loss (non-GAAP) $2.4M in Q3 2021 vs $3.0M operating income in Q3 2020.
- Insurance benefits and losses increased $5.8M in Q3, driven by Medicare supplement claims returning to historical levels.
- Property & casualty premiums reached historic high for Q3; strategic pricing adjustments expected to improve Medicare supplement margins.
- Nine-month net income $1.6M ($0.06/sh) vs $0.3M (nil/sh) in prior year period.

## SEC filing metadata
- accession: 0001140361-21-037381
- form_type: 8-K
- ticker: AAME
- cik: 0000008177
- company_name: ATLANTIC AMERICAN CORP
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8177/000114036121037381/0001140361-21-037381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8177/000114036121037381/brhc10030436_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-21-037381
- JSON: https://secwatch.observer/filing/0001140361-21-037381.json
- Plain text: https://secwatch.observer/filing/0001140361-21-037381.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.