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American Modern Insurance Group at a Glance
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Parent, The Midland Company, was founded in 1938 as an auto finance company
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Evolved as a vertically-integrated manufactured housing organization
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Midland's business today:
Specialty insurance
River transportation
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$230 million market cap
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Nasdaq symbol "MLAN"
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9,300,000 shares outstanding
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90% of Revenues from American Modern Insurance Group
A market leader in manufactured housing insurance
"A" rated by A.M. Best which is considered excellent
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10% of Revenues from M/G Transport Services
Barge charter and commodity freight brokerage company
Operations based in New Orleans, LA and Amelia, OH.
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American Modern Insurance Group includes the following companies, which serve customers
throughout the United States:
American Modern Home Insurance Company
American Western Home Insurance Company
American Family Home Insurance Company
American Southern Home Insurance Company
American Modern Life Insurance Company
American Home Guard (manufactured home warranty)
American Modern Lloyd’s Insurance Company (Texas only)
Consumers County Mutual (Texas only)
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Last Updated on March 18, 2003
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