February 11, 2016

St. Pete insurer has gained from Progressive acquisition, agency says

St. Petersburg, FL (February 11, 2016) - One of the largest property insurers headquartered in Tampa Bay is growing, under the majority ownership of The Progressive Corp.... Read More

August 17, 2015

ASI Celebrates it's 18th anniversary and is named on the Top 100 Best Companies List.

St. Petersburg FL, August 17, 2015 - ASI is growing by leaps and bounds. Not only does the company employ almost 500 at its beautiful St. Petersburg headquarters, it also employs out-of-state personnel who market to and service independent insurance agents and homeowners across the country.... Read More

July 8, 2015

Newest ‘Making it Right’ Episodes Highlight ASI Adjusters Going the Extra Mile.

St. Petersburg, Fla. – July 08, 2015 – ASI announces its participation in Enservio’s award-winning web series called Making it Right.... Read More

May 22, 2015

A Simple 9-Volt Battery Can Be The Difference Between Life & Death.

St. Petersburg, Florida – A statistic from the National Fire Protection Association is so startling that it is almost unbelievable: 3 out of 5 home fire deaths are a result of fires in properties without working smoke alarms.... Read More

April 15, 2015

American Strategic Insurance (ASI) is pleased to announce that it has been selected as one of the Top Workplaces in Tampa Bay.

St. Petersburg, Florida – April 15 – The organization, included in the Midsize company category, is honored for receiving the recognition and congratulates its employees for their contribution for making ASI stand out.... Read More

December 16, 2014

Progressive Insurance Acquiring Homeowners Group ASI for $875M

Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and other property/casualty coverages in about half the states nationwide.... Read More

December 17, 2014

ASI CEO sees 'good fit' and growth ahead in Progressive deal

The $875 million deal that will give auto insurer Progressive Corp. controlling interest in American Strategic Insurance ultimately will accelerate the growth of ASI, according to the top executive of the St. Petersburg-based homeowners insurance firm.... Read More

September 20, 2013

2013 Tampa Bay Business 100

The Tampa Bay Business 100 is the Tampa Bay Business Journal's annual ranking of the 100 largest private companies headquartered in the local area.... Read More

September 13, 2013

American Strategic Insurance HQ expansion continues

By this time next week, the walls should be standing for a second building at the headquarters site for American Strategic Insurance.... Read More

May 20, 2013

American Strategic Insurance set to open new headquarters

St. Petersburg, FL (May 20, 2013) – American Strategic Insurance (ASI) will unveil its new three-story headquarters during a ribbon-cutting ceremony set for 3 p.m. May 21, 2013. "Our new headquarters is a symbol of the company's success and a celebrated milestone," said John Auer, ASI’s CEO. "As we progress in our 16th year of operation, I look forward to enjoying the work environment that is focused on employees and fosters our values of attitude, speed and innovation."... Read More

April 22, 2013

ASI Earns Top Workplace Designation For Fourth Year

St. Petersburg, FL (April 22, 2013) – American Strategic Insurance Corp. (ASI) knows firsthand that a properly functioning smoke detector is an around-the-clock sentry which can alert your family at a moment’s notice. And making sure the 9-volt battery in your smoke alarm(s) is working can be all it takes to save a life.... Read More

February 18, 2013

ASI’s Battery Campaign Focuses On Fire Safety Awareness

St. Petersburg, FL (February 18, 2013) – St. Petersburg, FL – American Strategic Insurance Corp. (ASI) knows firsthand that a properly functioning smoke detector is an around-the-clock sentry which can alert your family at a moment’s notice. And making sure the 9-volt battery in your smoke alarm(s) is working can be all it takes to save a life.... Read More

August 9, 2012

A.M. Best upgrades American Strategic Insurance rating

A.M. Best Co. upgraded the financial strength rating of American Strategic Insurance Corp. from A- to A.... Read More

August 8, 2012

ASI Achieves A (Excellent) Rating Upgrade from A.M. Best

St. Petersburg, FL (Aug. 8, 2012) – American Strategic Insurance Corp. (ASI) announced today that A.M. Best Co. has upgraded ASI’s Financial Strength Rating from A- to A.... Read More

August 8, 2012

Florida Trend recognizes ASI as one of the state’s best places to work

St. Petersburg, Fla. (August 8, 2012) – Florida Trend magazine has awarded American Strategic Insurance Corp. (ASI) the distinction of being one of "Florida’s Best Companies to Work For." ASI was part of the large company (250 or more employees) category and achieved second place in the statewide ranking. Florida Trend has named ASI a top company for the last four years. The latest "Best Companies to Work For" list was published in the magazine’s August 2012 edition.... Read More

April 21, 2012

Insurance company buys former Sears store

ST. PETERSBURG — After sitting empty for three years at the prime location where Gandy Boulevard and Dr. Martin Luther King Jr. Street intersect, a former Sears store is slated to be the new home of an insurance company relocating from a nearby office park.... Read More

May 20, 2011

ASI Named Top Work Place in Tampa Bay

St. Petersburg, FL (May 20, 2011) - The St. Petersburg Times recently named American Strategic Insurance (ASI) as the top mid-size company in its Tampa Bay's Top Work Places 2011 survey. The company is proud to obtain the number one designation in this category for the second year in a row.... Read More

May 19, 2011

ASI Applauds Senate Bill 408 Reforms

St. Petersburg, FL (May 19, 2011) - American Strategic Insurance (ASI), a company with a proud and longstanding commitment to serving the policyholders of Florida and voted one of Florida’s best companies to work for, applauds the reforms contained in Senate Bill 408. ASI commends the legislature for its bipartisan support of this bill in both the Senate and the House. ASI further commends Governor Rick Scott for signing the bill and beginning the movement toward a more stable property insurance market for Floridians.... Read More

May 4, 2011

ASI Wins NFIP Flood Award

St. Petersburg, FL (May 4, 2011) - ASI was awarded the 2010 Administrator's Club Award at the 2011 National Flood Conference (NFC). The conference took place in New Orleans, from May 1 through May 4, 2011.... Read More

January 10, 2011

American Capital Assurance Corp (ACA) Launches Commercial Program in South Carolina

St. Petersburg, FL (January 10, 2011) - We are pleased to announce that ASI's sister company, American Capital Assurance Corp (through their Managing General Agency Safe Harbour Underwriting), has officially launched their Condominium Association, Apartment Complex and Office Building Programs in South Carolina.... Read More

December 8, 2010

ASI Launches Its Annual Homeowners Battery Campaign

Over three million batteries and counting…ASI continues to send its policyholders replacement batteries for their smoke alarms during its annual Battery Campaign. This campaign is a top priority for the company with the goal to promote fire safety within the home. By sending the batteries to its policyholders, the company is asking them to take the first step to protect themselves, their loved ones and their home. St. Petersburg, FL (December 8, 2010) - American Strategic Insurance (ASI), a Florida-based property insurance company, launched its 12th annual Battery Campaign to remind its policyholders to replace the batteries in their smoke alarms. The company will send more than 553,510 batteries this year to its homeowners customers to promote fire safety awareness and encourage them to maintain working smoke alarms.... Read More

November 30, 2010

ASI Enters the Virginia, Deleware & Georgia Homeowners Insurance Markets

St. Petersburg, FL (November 30, 2010) - American Strategic Insurance Corp. (ASI) is pleased to announce its entrance into the Virginia, Delaware and Georgia residential property markets. The company offers a full suite of products to homeowners, renters, condominium owners, seasonal residents and investment property owners through independent agencies. The company also offers flood coverage as an approved National Flood Insurance Program Provider. The insurer’s President and Chief Executive Officer, John Auer, said, “ASI is aggressively growing in the eastern seaboard to provide the independent agency force and company partners with a desirable homeowners market. These three states are a critical part of our expansion plan. We are excited about giving independent agencies a top quality option for placement of their personal property risks. We strive to be a leader in technology and service, and look forward to providing agencies and policyholders with quality coverage and service they can depend on.” ASI, a Florida-based company, writes in ten states (Arizona, Colorado, Delaware, Florida, Georgia, Louisiana, New Jersey, South Carolina Texas and Virginia) with ongoing plans to enter over ten additional states in the next 18 months. The company currently has $525 million in written premiums and nearly $300 million in policyholders’ surplus. ASI holds an A- (Excellent) Rating by A.M. Best with a “Positive” outlook (review completed March 8, 2010). Insurance agents interested in joining the ASI team should call (866) 274-8765 ext. 853 or find additional information on the web at www.americanstrategic.com.... Read More

July 30, 2010

ASI Named to Top 100 Best Companies to Work For in Florida - 2010

St. Petersburg, FL (July 30, 2010) - American Strategic Insurance (ASI) was recently named one of Florida’s Best Companies To Work For. They ranked eleventh in the Best Midsized Companies category. One-hundred companies were recognized in small, medium and large company categories. The rankings – the second annual statewide Best Companies list – appear in the August issue Florida Trend and on FloridaTrend.com.... Read More

April 4, 2010

ASI Enters the New Jersey Homeowners Market

St. Petersburg, FL (April 8, 2010) - American Strategic Insurance (ASI), voted one of Florida’s best companies to work for, is pleased to announce its entrance into New Jersey’s personal lines insurance market. ASI is offering homeowners, renters, and flood coverage to New Jersey residents through their independent agency force. The company plans write condo owners and seasonal/investment properties by the end of this quarter.... Read More

June 1, 2010

TopRank Florida - Top 200 Private Companies

Florida’s economy hangs on what happens in the home insurance market. Florida domestics — no-name, young, Florida-based companies — have more than doubled their market share in recent years to nearly half the market. “With that market share comes the influence. If we didn’t have the Florida domestics, we wouldn’t have anything,” says Sean Shaw, the state insurance consumer advocate. Key domestics from our list include, Universal Insurance Holdings (Public No. 77).... Read More

March 21, 2010

Keys to business leadership are communication and motivation, say Tampa Bay's top CEOs

What makes a great business leader? The employees of three local companies think they know.... Read More

March 21, 2010

Voted #1 Tampa Bay's Top Places to Work

St. Petersburg, FL (March 21, 2010) - American Strategic Insurance Corp. was a scrappy startup in flood-prone Snell Isle when Hurricane Charley hit. Suddenly, everyone but the CEO was taking claims calls, in conference rooms and in closets. Then came Frances, Ivan and Jeanne.... Read More

March 8, 2010

AM Best Revises Outlook for ASI's A- Rating

Oldwick, NJ (March 8, 2010) - A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of "a-" of American Strategic Insurance Group (ASI) (St. Petersburg, FL) and its members. (See below for a detailed listing of the companies.)... Read More

July 24, 2009

ASI Named to Top 100 Best Companies to Work For in Florida

St. Petersburg, FL (July 24, 2009) - American Strategic Insurance was recently named one of Florida’s Best Companies To Work For. They ranked eighth in the Best Midsized Companies category. One-hundred companies were recognized in small, medium and large company categories. The rankings – the first statewide Best Companies list – appeared in the August issue Florida Trend and on FloridaTrend.com.... Read More

July 28, 2009

ASI Wins Award in Louisiana

Galveston, TX (July 28, 2009) - The following is a speech made by Dale Spaht, the President of the Louisiana Professional Insurance Agents Association, at their 66th Annual Convention. The recipient of this year’s Associate Member of the Year is no stranger to most of us in this room. In fact, this company has been a new, found friend to many of us as they have filled a void for some who had no homeowner’s markets.... Read More

May 4, 2009

ASI Launches Homeowners Insurance in South Carolina

St. Petersburg, FL (May 4, 2009) - American Strategic Insurance Corp. (ASI), one of the top five insurance companies providing residential property insurance in Florida, is pleased to announce its entrance into South Carolina by offering Homeowners insurance policies. ASI is offering Homeowners coverage to South Carolinians through its network of independent insurance agents. ASI will add additional insurance products for renters and those owning second homes.... Read More

April 16, 2009

ASI Offers Arizona Investors and Seasonal Residents Property Insurance Coverage

St. Petersburg, FL (April 16, 2009) - ASI, an admitted Arizona insurer, is announcing the launch of an innovative Dwelling Fire policy to complement its existing Homeowner product. ASI began writing Arizona homeowners policies in March of 2008, through its network of independent insurance agents. The new product provides flexible coverage options to homeowners, investors, seasonal residents, and owners of homes under construction. ASI’s President and CEO, John Auer, said "We are excited to launch our dwelling fire product in the Arizona marketplace. Our objective is to offer residents and investors an appealing coverage alternative to other carriers in the state." Residents seeking coverage should consult a local ASI independent agent.... Read More

January 21, 2009

A.M. Best Affirms ASI's A- Rating

St. Petersburg, FL (January 21, 2009) - American Strategic Insurance Group (ASI) announced today it received affirmation from A.M. Best of its Financial Strength Rating of A- (Excellent). A.M. Best is one of the world’s most trusted financial rating firms. They render their independent opinion based upon a comprehensive evaluation of a company's balance sheet strength, operating performance, and business profile. A.M. Best Financial Strength Ratings are recognized as the benchmark for assessing the financial strength of insurance organizations.... Read More

January 28, 2008

ASI Llyods to Enter Homeowners Insurance Marketplace

St. Petersburg, FL (January 28, 2008) - American Strategic Insurance Group (ASI) of St. Petersburg, is pleased to announce its entrance into the personal property insurance market in Louisiana.... Read More

February 22, 2008

Ensured Frustration

Tallahassee’s first attempt at legislating property insurance rates failed. Get ready for the sequel. Florida insurance industry executives, tired of playing the piñata to Gov. Charlie Crist’s populist stick in the ongoing statewide property insurance fight, are starting to fight back. And for some companies, sheer survival is at stake... Read More

March 17, 2008

American Capital Assurance Rated B++ by A.M. Best Rating Organization

St. Petersburg, FL (March 17, 2008) - American Capital Assurance Group ("ACA" or "the Group"), of St. Petersburg, announced today it has received a Financial Strength Rating of B++ (Good) and an issuer credit rating (ICR) of "bbb" from one of the world’s most prestigious financial rating firms, A.M. Best.... Read More

June 1, 2008

A Game of Risk for Small Insurers

Small, Florida-based insurers are snagging market share -- but are they the solution to reinvigorating the state's home insurance market?... Read More

August 18, 2008

ASI Lloyds Offers Louisiana Investors and Seasonal Residents Property Insurance Coverage

St. Petersburg, FL (August 18, 2008) - Today, ASI Lloyds (ASI), an admitted Louisiana insurer, launched an Investor, Rental, and Seasonal Dwelling policy for Louisiana properties in addition to its current Homeowners offering.... Read More

September 4, 2008

Home Pointe Insurance Company Renamed as ACA Home Insurance Corp

St. Petersburg, FL (September 4, 2008) - Home Pointe Insurance Company is pleased to announce its name change to ACA Home Insurance Corp (ACA Home).... Read More

December 26, 2007

ASI Rated A- Excellent by A.M. Best Rating Organization

St. Petersburg, FL (December 26, 2007) - American Strategic Insurance Group (ASI), of St. Petersburg, announced today it has received an upgrade of its Financial Strength Rating from one of the world’s most prestigious financial rating firms, A.M. Best.... Read More

October 28, 2007

American Strategic Insurance Company Launches "Change a Battery, Save a Life" Awareness Campaign

St. Petersburg, FL - American Strategic Insurance Company (ASI) launched a reminder to Floridians to change the batteries in their fire alarms using the easy calendar reminder of daylight savings time and the motto "Change a Battery, Save a Life."... Read More

October 22, 2007

North Pointe Holdings Corporation Announces Sale of Home Pointe Insurance Company

SOUTHFIELD, MI - October 22, 2007 - North Pointe Holdings Corporation (Nasdaq: NPTE) today announced the sale of its Home Pointe Insurance Company subsidiary, which compromises North Pointe's Florida homeowners and dwelling fire operations, to American Capital Assurance Corp. (ACA).... Read More