ASI News

December 8, 2010

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

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

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

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

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

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

March 21, 2010

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

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