secwatch.observer — SEC 8-K summary
======================================

Issuer:     ATLANTIC AMERICAN CORP (AAME)
CIK:        0000008177
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001140361-24-046121
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlantic American Q3 net loss $2.0M ($0.10/share) vs profit $1.8M year ago
--------------------------------------------------------------------------

- Net loss $2.0M ($0.10 diluted EPS) for Q3 2024 vs net income $1.8M ($0.08 EPS) in Q3 2023.
- Nine-month net loss $4.7M ($0.24/sh) vs net income $2.1M ($0.09/sh) in prior year.
- Premium revenue little changed at $43.8M in Q3; nine-month premiums down 1.9% to $133.3M.
- Losses driven by unfavorable experience in group life, Medicare supplement, and auto liability lines.
- CEO notes strong sales momentum in life/health; P&C navigating inflationary auto market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8177/000114036124046121/0001140361-24-046121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8177/000114036124046121/ef20038435_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-046121

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer