Exhibit (21)
THE MIDLAND COMPANY AND SUBSIDIARIES
Exhibit (21) - Subsidiaries of the Registrant
December 31, 1997
The subsidiaries of the Registrant as of December 31, 1997, all of which
are included in the consolidated financial statements, are as follows:
Percentage
State of of Voting
Incorporation Stock Owned
-------------------------------
M/G Transport Services, Inc. Ohio 100
Midland-Guardian Co. Ohio 100
MGT Services, Inc. Ohio 100
M/G Sportswear, Inc. Ohio 100
SUBSIDIARY OF M/G TRANSPORT SERVICES, INC.
MGA Transport Company Ohio 100
SUBSIDIARIES OF MIDLAND-GUARDIAN CO.
American Modern Insurance Group, Inc. Ohio 100
Marbury Agency, Inc. Ohio 100
SUBSIDIARIES OF AMERICAN MODERN INSURANCE
GROUP, INC.
American Modern Home Insurance Company Ohio 100
American Family Home Insurance Company Florida 100
The Atlas Insurance Agency, Inc. Ohio 100
American Modern Life Insurance Company Ohio 100
Midwest Enterprises, Inc. Florida 100
Lloyds Modern Corporation Texas 100
American Modern Home Service Company Ohio 100
SUBSIDIARIES OF AMERICAN MODERN HOME INSURANCE CO.
American Modern Lloyds Insurance Company Texas 100
American Southern Home Insurance Company Florida 100
American Western Home Insurance Company Oklahoma 100
G.U.I.C. Insurance Company Pennsylvania 100
SUBSIDIARY OF AMERICAN WESTERN HOME INSURANCE CO.
Modern Life Insurance Company of Arizona, Inc. Arizona 100
SUBSIDIARY OF MIDWEST ENTERPRISES, INC.
Sunbelt General Agency, Inc. Alabama 100
The names of two wholly-owned subsidiaries of The Midland Company are not
shown above as such individual listing is not required.
24