American Strategic Insurance: St. Pete insurer has gained from Progressive acquisition, agency says

One of the largest property insurers headquartered in Tampa Bay is growing, under the majority ownership of The Progressive Corp. A.M. Best, a top rating firm for the insurance industry, said St. Petersburg-based American Strategic Insurance Corp. can now bundle its homeowners' line of business with Progressive's personal automobile insurance offerings, broadening ASI's current distribution network. A.M. Best affirmed its financial strength rating of A (excellent) for ASI and its issuer credit...