Atlantic American(AAME) - 2024 Q1 - Quarterly Results

Exhibit 99.1 ATLANTIC AMERICAN CORPORATION REPORTS FIRST QUARTER RESULTS FOR 2024 ATLANTA, Georgia, May 14, 2024 - Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $2.0 million, or ($0.10) per common share, in the first quarter of 2024 compared to net loss of $1.4 million, or ($0.08) per common share, in the first quarter of 2023. The increase in net loss for the first quarter of 2024 was primarily the result of a decrease in premium revenue in the life and health operations coupled w ...