ADDED
On February 28, 2025, there were 20,399,758 shares of the registrant s common stock, par value $1.00 per share, outstanding.
The following table summarizes, for the periods indicated, the allocation of American Southern s net earned premiums from each of its principal product lines: Year Ended December 31, 2024 2023 (In thousands) Automobile liability $ 39,788 $ 38,821 Automobile physical damage 13,464 15,046 General liability 5,990 5,758 Surety 5,809 6,303 Other lines 2,638 2,515 Total $ 67,689 $ 68,443 Life and Health Operations Bankers Fidelity comprises the life and health operations of the Company and offers a variety of life and supplemental health products.
Policy premiums depend on a number of factors, including but not limited to issue age, level of coverage and any selected riders or options.
Medicare Supplement Insurance includes 8 of the 10 standardized Medicare supplement plans that were developed in response to the requirements of the Omnibus Budget Reconciliation Act of 1990 ( OBRA 1990 ).
These policies provide insurance coverage for certain expenses not covered by the Medicare program, including but not limited to copayments and deductibles.
REMOVED
On February 29, 2024, there were 20,402,288 shares of the registrant s common stock, par value $1.00 per share, outstanding.
The following table summarizes, for the periods indicated, the allocation of American Southern s net earned premiums from each of its principal product lines: Year Ended December 31, 2023 2022 (In thousands) Automobile liability $ 38,821 $ 33,981 Automobile physical damage 15,046 21,069 General liability 5,758 5,871 Surety 6,303 6,039 Other lines 2,515 3,316 Total $ 68,443 $ 70,276 Life and Health Operations Bankers Fidelity comprises the life and health operations of the Company and offers a variety of life and supplemental health products.
Policy premiums are dependent upon a number of factors, including issue age, level of coverage and selected riders or options.
Medicare Supplement Insurance includes 8 of the 10 standardized Medicare supplement policies created under the Medicare Improvements for Patients and Providers Act of 2008 ( MIPPA ), which are designed to provide insurance coverage for certain expenses not covered by the Medicare program, including copayments and deductibles.
Other Accident and Health Insurance coverages include several individual and group policies providing for the payment of standard benefits in connection with the treatment of diagnosed cancer and other critical illnesses, as well as a number of other policies providing short-term nursing facility care, accident only, hospital indemnity and disability coverages.