Home

Articles from American Coastal Insurance Corporation

American Coastal Insurance Corporation Announces a Five-Year Extension of Its Exclusive MGA Agreement With AmRisc and the Election of Two New Directors to Its Insurance Subsidiary
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company (“AmCoastal”) announced today that AmCoastal has entered a five-year extension of its exclusive Managing Agency Contract (the “MGA Agreement”) with AmRisc, LLC effective June 1, 2024, and expiring January 1, 2029, subject to regulatory approval. The MGA agreement remains mutually exclusive for the admitted condominium association property insurance market in Florida.
American Coastal Insurance Corporation Announces the Sale of Interboro Insurance Company to Forza Insurance Holdings, LLC
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance Company (“Interboro”), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC (“Forza”) in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro. Closing is subject to the approval of the New York Department of Financial Services. The transaction completes the run-off of ACIC’s personal lines portfolio and allows ACIC to focus on its fast-growing commercial specialty property portfolio.
American Coastal Insurance Corporation Reports Financial Results for Its First Quarter Ended March 31, 2024
American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the first quarter ended March 31, 2024.
American Coastal Insurance Corporation Schedules First Quarter 2024 Financial Results and Conference Call
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET.
American Coastal Insurance Corporation Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2023
American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the fourth quarter and year ended December 31, 2023.
American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2023 Financial Results and Conference Call
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the fourth quarter and full year ended December 31, 2023, on Thursday, February 29, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET.
American Coastal Insurance Corporation Announces Leadership Changes
American Coastal Insurance Corporation (Nasdaq: ACIC) (“the Company, “American Coastal”, or “ACIC”) a property and casualty insurance holding company, today announced changes to its executive leadership team.
American Coastal Insurance Corporation Reports Financial Results for Its Third Quarter Ended September 30, 2023
American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the third quarter ended September 30, 2023.
American Coastal Insurance Corporation Schedules Third Quarter 2023 Financial Results and Conference Call
American Coastal Insurance Corporation (NASDAQ: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for third quarter ended September 30, 2023, on Monday, November 13, 2023, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET.
American Coastal Insurance Corporation Reports Financial Results for Its Second Quarter Ended June 30, 2023
American Coastal Insurance Corporation (Nasdaq: UIHC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the second quarter ended June 30, 2023. On February 27, 2023, the Florida Department of Financial Services was appointed as receiver of the Company's former subsidiary, United Property & Casualty Insurance Company ("UPC"). As such, prior year financial results have been recast to reflect the activity of UPC and activities related directly to supporting the business conducted by UPC within discontinued operations.
United Insurance Holdings Corp. (UIHC) Announces Name and Ticker Change to American Coastal Insurance Corporation (ACIC)
United Insurance Holdings Corp. (Nasdaq: UIHC), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it has changed its corporate name to ‘American Coastal Insurance Corporation’ (“the Company” “American Coastal” or “ACIC”). The Company will begin trading on NASDAQ under the ticker symbol ‘ACIC’, prior to market open on August 15, 2023.