American Traditions Insurance (ATIC) has merged with its affiliate Modern USA Insurance (MUSA).


Image: The merger is expected to make American Traditions one of the largest insurance companies in Florida. Photo: Courtesy of etaphop/

With this move, ATIC said it will become one of the largest manufactured home insurers in Florida.

The two companies were launched in 2005 after hurricane season, under the same ownership, to provide additional homeowners and manufactured home insurance options to the Florida marketplace.

They have been managed by the same team of insurance professionals.

American Traditions and Modern USA president John Jerger Jr, said: “We could not be more pleased with this merger and what this means for the future. Combining the affiliates will allow management to better plan for future opportunities.

“The merger means a larger company with more surplus for our policyholders. It also gives us the ability to strategically focus on growth in niche markets that allow the company to flourish more than ever before.”

With this merger, Modern USA Insurance’s policyholders will receive written notification of the merger in addition to notification in their policy renewal offers over the coming months. As the two companies offer identical products with identical rates, it is expected that the impact to Modern USA policyholders will be minimal.

American Traditions and Modern USA chairman and CEO Thomas Jerger said “We have introduced many innovative insurance products to the Florida marketplace over the last 12 years and feel that now is a great time to combine the companies under the American Traditions Insurance Company brand. We are excited about the merger and it will allow us to streamline many processes in order to serve our policyholders more efficiently.”

ATIC will continue to issue policies throughout Florida and will maintain a conservative approach, putting financial solvency and longevity at the forefront.