American Coastal Insurance Corp

American Coastal Insurance Corporation (Nasdaq: ACIC) is a property and casualty insurance holding company operating through its subsidiary American Coastal Insurance Company, which was founded in 2007 to insure condominium and homeowner association properties, apartments, and assisted living facilities in Florida. The company holds the #1 admitted commercial-residential insurance market share in Florida, with approximately 4,450 policies in force and $573 million of premium in force. ACIC distributes condominium association policies exclusively through AmRisc Group, one of the largest managing general agents in the U.S. specializing in hurricane-exposed properties. The company is expanding into excess and surplus (E&S) lines through a quota-share participation with AmRisc's nationwide E&S commercial property book and through ACES, a specialty E&S carrier pending regulatory approval in Arizona. ACIC maintains an 'A' (Exceptional) Financial Stability Rating from Demotech and an 'A' insurance financial strength rating with Stable outlook from Kroll Bond Rating Agency. Approximately 50% of the company is owned by directors and officers. Updated Aug 5, 2026