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Atlantic Casualty Insurance

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United States

Founded in

1983 (42 Years)

Founded

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Get to know Atlantic Casualty Insurance

    Atlantic Casualty Insurance Company (Atlantic Casualty) was formed by Strickland Insurance Group (SIG) in 1983 to underwrite a substantial book of non-standard personal auto. By the late 1990's, the book had grown to over $100 million of premium in seven states. In 1998 the decision was made to refocus the company in commercial products. Our current product lines include Commercial General Liability, Commercial Package, Inland Marine, Commercial Property, Boiler and Machinery and Commercial Auto (NC only). These products are distributed exclusively through Managing General Agencies. . In January of 2016, Atlantic Casualty and SIG were acquired and became part of the Auto-Owners Insurance Group. Auto-Owners Insurance Group has been in business for 100 years and has been ranked among the Fortune 500 for the past 13 years. Written premium for the group is over $6 billion with an A.M. Best rating of A++ (Superior).

    Industry

    • Financial InsurancePRIMARY

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