Like minded: Insurer's alignment with parent company pays off

With a namesake acronym that it says also stands for “Attitude, Speed and Innovation,” St. Petersburg-based American Strategic Insurance developed a reputation as the Progressive of residential property insurance. In fact, that was the company’s stated goal since 1997, when insurance executive John Auer founded it.

Two decades years later, Auer has retired and ASI is part of the company it strived to emulate: Progressive, to meet rising consumer demand for bundled home and auto insurance, acquired ASI in 2015.