ATLANTIC AMERICAN CORPORATION (NASDAQ:AAME) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ATLANTIC AMERICAN CORPORATION (NASDAQ:AAME) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.

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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Atlantic American Corporation (the “Company”) announced that, effective August 1, 2017, it has appointed J. Ross Franklin, age 39, as Interim Chief Financial Officer (principal financial and accounting officer) of the Company. He will serve in that role until the Company appoints a permanent Chief Financial Officer to succeed John G. Sample, Jr., who retired on July 31, 2017. Mr. Franklin has over fifteen years of insurance industry experience in accounting and financial management positions. Mr. Franklin has been employed by the Company and its subsidiaries in various roles of increasing responsibility since 2000, most recently in his current position as Vice President, Accounting and Treasurer of the Company’s Bankers Fidelity Life Insurance Company subsidiary, since 2009. Mr. Franklin earned both a Master of Professional Accounting and Master in Business Administration degrees from Georgia State University, and is a Certified Public Accountant.


About ATLANTIC AMERICAN CORPORATION (NASDAQ:AAME)

Atlantic American Corporation is a holding company that operates through its subsidiaries in specialty markets within the life and health, and property and casualty insurance industries. The Company’s principal operating subsidiaries are American Southern Insurance Company and American Safety Insurance Company (together known as American Southern) within the property and casualty insurance industry, and Bankers Fidelity Life Insurance Company and Bankers Fidelity Assurance Company (together known as Bankers Fidelity) within the life and health insurance industry. Each of American Southern and Bankers Fidelity is managed separately based upon the type of products it offers. American Southern’s product lines include business automobile insurance policies, General Liability Insurance policies, Property Insurance policies and Surety Bonds. Products offered by Bankers Fidelity include ordinary and term life insurance, Medicare supplement and other accident and health insurance products.

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