Christopher Griffith resigns as COO and CIO of American Coastal Insurance
Christopher Griffith has resigned from his positions as Chief Operating Officer and Chief Information Officer of American Coastal Insurance (ACIC), effective October 1, 2026. The reason for his departure is to pursue another opportunity. This information is based on an SEC filing.
American Coastal Insurance Corporation Announces Resignation of Christopher Griffith as Chief Operating Officer and Chief Information Officer, Effective October 1, 2026
American Coastal Insurance Corporation announced the resignation of Christopher Griffith as Chief Operating Officer and Chief Information Officer, effective October 1, 2026. Griffith resigned to pursue another opportunity. This news was published on October 2, 2026.
Form 144 AMERICAN COASTAL INSURANCE Corp For: 26 September By Investing.com
The article announces the filing of Form 144 for American Coastal Insurance Corp on September 26. It is a brief news item from Investing.com, providing basic information about the company and the filing date. The rest of the content includes market data, news headlines, and promotional material from Investing.com.
American Coastal Insurance (NASDAQ:ACIC) Insider Sells $192,035.76 in Stock
Brooke Adler, an insider at American Coastal Insurance (NASDAQ:ACIC), sold 21,196 shares of the company's stock for $192,035.76, reducing their holdings by 17.46%. Despite the sale and the company missing its latest quarterly earnings estimate, the stock rose 3.6% to $9.40. Analysts currently hold a "Hold" rating on ACIC with an average price target of $13.00.
At $9.06 per share, American Coastal Insurance (ACIC) secretary Adler Brooke sold stock.
American Coastal Insurance Corp (ACIC) Secretary Adler Brooke sold 21,196 shares of common stock at $9.06 per share on September 24, 2026. Following this transaction, Brooke directly holds 100,175 shares. No Rule 10b5-1 plan was reported for this sale.
A director proposes selling shares valued at $193,519 in American Coastal Insurance (ACIC).
American Coastal Insurance Corp (ACIC) director Brooke Adler has proposed selling 21,196 common shares, valued at approximately $193,519.48. The shares, acquired through restricted stock units in May 2024, are expected to be sold around September 24, 2026, with Charles Schwab & Co. acting as the broker. This proposed sale is detailed in a Form 144 SEC filing.
Insider Buying: American Coastal Insurance (NASDAQ:ACIC) CEO Acquires $91,500.00 in Stock
American Coastal Insurance (NASDAQ:ACIC) CEO Brad Martz recently purchased 10,000 shares of the company's stock for $91,500, increasing his ownership by 2.30%. The acquisition occurred as the stock traded near its 12-month low, and the company's recent earnings missed analyst estimates. Despite this, analysts maintain a "Hold" rating with a $13.00 price target.
A Florida insurance partnership has no fixed end date. Ending it for convenience needs four years’ notice.
American Coastal Insurance Corporation (ACIC) has restructured its exclusive managing agency agreement with AmRisc, LLC, removing the previous fixed expiration date of January 1, 2029. The agreement now automatically renews annually and requires a 48-month written notice for termination for convenience, ensuring a minimum four-year remaining term at all times. This change aims to provide long-term visibility and stability for ACIC's core distribution partnership in Florida, which has been profitable since 2007.
American Coastal removes fixed end date from AmRisc distribution agreement
American Coastal Insurance Corporation has revised its exclusive managing agency agreement with AmRisc, LLC, removing the fixed expiry date and replacing it with a rolling structure of successive one-year terms. This amendment provides greater long-term certainty for the distribution relationship supporting American Coastal's Florida business and strengthens the partnership that has been in place since 2007. Either party must now provide 48 months' written notice to terminate the agreement for convenience, ensuring a minimum four-year continuation from the date of notice.
American Coastal Insurance Corporation Announces Restructured Exclusive Managing Agency Agreement with AmRisc, LLC
American Coastal Insurance Corporation (ACIC) announced a restructured exclusive managing agency agreement with AmRisc, LLC, effective July 1, 2026. This new agreement removes the fixed expiration date, replacing it with successive one-year terms and requiring 48 months' advance notice for termination. This change aims to secure ACIC's core Florida franchise distribution and strengthen its partnership with AmRisc, which has been profitable since 2007.
American Coastal Insurance Corporation Announces Restructured Exclusive Managing Agency Agreement with AmRisc, LLC
American Coastal Insurance Corporation (ACIC) announced a restructured exclusive managing agency agreement with AmRisc, LLC, effective July 1, 2026. This new agreement removes the fixed expiration date and requires 48 months' advance notice for termination, ensuring a minimum four-year term at all times. The restructuring solidifies ACIC's long-standing partnership with AmRisc, which has been its exclusive distribution and underwriting partner since 2007, providing stability for its core Florida franchise and broader E&S operations.
Empowered Funds LLC Takes $2.99 Million Position in American Coastal Insurance Corporation $ACIC
Empowered Funds LLC has acquired a new stake in American Coastal Insurance Corporation (NASDAQ:ACIC), purchasing 269,533 shares valued at approximately $2.99 million, representing a 0.57% ownership. Other institutional investors also adjusted their positions in ACIC. Despite this new investment, analyst sentiment remains cautious with a consensus "Hold" rating and a $13.00 average price target, following the company's recent earnings miss and its stock trading near a 52-week low.
BlackRock Inc. Acquires Shares of 2,280,065 American Coastal Insurance Corporation $ACIC
BlackRock Inc. has acquired a significant new position in American Coastal Insurance Corporation (NASDAQ:ACIC), purchasing 2,280,065 shares valued at approximately $25.3 million, representing a 4.71% stake. The acquisition comes as American Coastal Insurance reported quarterly earnings that missed analyst expectations, with EPS of $0.33 against a consensus of $0.42. Analyst sentiment for ACIC remains cautious, with an average "Hold" rating and a price target of $13.00, while the stock is trading near its 52-week low.
American Coastal Insurance: Cheap On Paper, Risky In Reality (NASDAQ:ACIC)
American Coastal Insurance (ACIC) appears cheap at 4.67x GAAP P/E, but this valuation reflects significant cyclical risks and pressures from declining Florida tariffs. The company's strategic shift to commercial and E&S insurance aims to counteract these issues, though Q2 2026 results show revenue and net income declines, and a rising combined ratio. Despite share buybacks and E&S expansion efforts, worsening operational metrics and a higher risk profile justify the current valuation discount.
Connor Clark & Lunn Investment Management Ltd. Buys New Stake in American Coastal Insurance Corporation $ACIC
Connor Clark & Lunn Investment Management Ltd. has acquired a new stake of 122,583 shares, valued at approximately $1.36 million, in American Coastal Insurance Corporation (NASDAQ:ACIC), representing 0.26% of the company. Institutional investors now own 22.11% of ACIC. Analysts currently rate ACIC as a "Hold" with an average price target of $13.00, despite the company missing its recent quarterly EPS estimates.
American Coastal Maps E&S Expansion as Florida Insurance Pricing Softens
American Coastal Insurance is adapting to a softer Florida commercial residential insurance market by expanding into the Excess and Surplus (E&S) market and prioritizing underwriting margins. Despite a decline in first-half gross premiums earned, the company maintained an annualized return on equity above its 20% target and strengthened its catastrophe protection. The insurer plans to launch an E&S carrier in Arizona and integrate an assumed AmRisc E&S book to diversify its business.
Punch & Associates Investment Management Inc. Invests $8.98 Million in American Coastal Insurance Corporation $ACIC
Punch & Associates Investment Management Inc. has acquired a new stake in American Coastal Insurance Corporation (NASDAQ:ACIC) worth approximately $8.98 million, purchasing 808,705 shares during the second quarter. This investment gives them a 1.71% ownership in the company. Despite American Coastal missing quarterly EPS estimates, institutional investors and hedge funds collectively own a significant 22.11% of the stock, which currently holds a consensus "Hold" rating from analysts.
American Coastal returns to cat bond market with $25.5M Florida storm deal
American Coastal Insurance Company has issued a $25.5 million catastrophe bond, Armor Re II Ltd. Series 2026-2, to cover Florida named storm risk. This deal follows a reduction in the company's first-event retention due to additional reinsurance purchases and highlights the growing reliance of Florida-focused insurers on capital markets for fully collateralized reinsurance.
American Coastal Insurance at Midwest IDEAS: growth plan meets discipline
American Coastal Insurance Corporation (ACIC) presented at the 17th Annual Midwest IDEAS Conference, highlighting its strategy for growth in a softer Florida market while maintaining underwriting discipline. The company emphasized its consistent profitability, robust reinsurance program, and future expansion into excess and surplus lines with its new carrier, ACES. Despite a decline in gross premiums earned in the first half of 2026, ACIC reported a strong annualized return on equity and remains well-capitalized, with plans for share repurchases and special dividends.
AmCoastal secures $25.5m Armor Re II 2026-2 cat bond cover, likely a retention buy-down
American Coastal Insurance Company (AmCoastal) has issued a new $25.5 million Armor Re II Ltd. (Series 2026-2) catastrophe bond, which is believed to be a retention buy-down to reduce the insurer's first-event reinsurance retention. This issuance follows a previous $200 million cat bond earlier this year and aims to lower AmCoastal's first-event hurricane retention from $49 million to $23.5 million. The deal, likely placed privately due to its lower-layer nature and discounted structure, demonstrates the continued openness of capital markets to hurricane risk even during the hurricane season.
Tieton Capital Management LLC Invests $13.93 Million in American Coastal Insurance Corporation $ACIC
Tieton Capital Management LLC has acquired a new stake of 1.25 million shares in American Coastal Insurance Corporation (NASDAQ:ACIC), valued at approximately $13.93 million, making it their seventh-largest holding. This investment represents a 2.59% stake in ACIC, contributing to a broader increase in institutional ownership, with hedge funds and other institutional investors now holding 22.11% of the company's stock. Despite missing quarterly EPS estimates and trading at $9.45, analysts maintain a consensus "Hold" rating with an average price target of $13.00 for American Coastal Insurance.
Top 3 Financial Stocks That Could Lead To Your Biggest Gains This Quarter
This article identifies three financial stocks—OppFi Inc (OPFI), American Coastal Insurance Corp (ACIC), and Octave Specialty Group Inc (OSG)—that are currently oversold, with an RSI value below 30. These companies have recently reported financial results, with their stock prices experiencing significant drops over the past month. The article suggests these oversold conditions present potential buying opportunities for investors.
American Coastal (NASDAQ: ACIC) COO exercises options and sells stock
Christopher Griffith, COO of American Coastal Insurance Corp (ACIC), exercised 19,672 nonqualified stock options at $4.33 per share and subsequently sold a total of 41,672 common shares at prices between $9.40 and $9.41 per share. These transactions, which were not made under a Rule 10b5-1 trading plan, resulted in approximately $392,000 in gross sale proceeds. After these transactions, Griffith holds 118,724 common shares directly and no nonqualified stock options.
American Coastal Insurance COO Christopher Griffith Reports Stock Option Exercise and Share Sales
American Coastal Insurance Corp COO Christopher Griffith exercised 19,672 nonqualified stock options and subsequently sold a total of 41,672 common shares on August 17, 2026. The transactions involved exercising options at $4.33 per share and selling shares at $9.41 and $9.40, leaving him with 118,724 directly owned shares. These filings indicate the complete disposition of the exercised options.
American Coastal Insurance (ACIC) Q2 2026 Earnings Call Transcript
American Coastal Insurance (ACIC) reported Q2 2026 earnings, maintaining its market leadership in Florida commercial-residential property insurance despite a 5% decrease in gross premiums written and minor catastrophe losses. The company achieved a strong underlying combined ratio of 68.7% and a 26.6% return on equity. ACIC also reduced its first-event hurricane retention, increased its stock buyback authority, and revised its full-year revenue guidance downward while keeping earnings guidance unchanged.
American Coastal Insurance (NASDAQ:ACIC) Sets New 12-Month Low After Earnings Miss
American Coastal Insurance (NASDAQ:ACIC) experienced a new 52-week low of $9.72 after reporting Q2 earnings of $0.33 per share, missing analyst expectations of $0.42. The company's quarterly revenue was $82.60 million. Analysts currently rate ACIC as a "Hold," with institutional investors owning 22.11% of the stock.
American Coastal Insurance Corp (ACIC) Earnings Forecast: Future EPS & Revenue Growth Estimates
American Coastal Insurance Corp (ACIC) has an earnings forecast score of 7.00, ranking 53rd in the Insurance industry. Analysts have set an average price target of $14.00, indicating a potential upside of 26.93%. The company's expected revenue for the next quarter is $69.67 million, with an expected EPS of $0.42.
AMERICAN COASTAL INSURANCE Corp Q2 2026: Revenue $216.3M, EPS $0.44— 10-Q Summary
AMERICAN COASTAL INSURANCE Corp (ACIC) reported its Q2 2026 results, with revenue declining to $216.3M and net income falling to $21.9M compared to the previous year. This downturn was primarily attributed to softer net premiums and pricing, particularly a 9.5% year-over-year decline in net premiums earned. Despite the financial decline, the company maintained a strong focus on the Florida commercial property market, strengthened its catastrophe reinsurance program, and improved operational efficiency with lower acquisition costs.
American Coastal has $30.6M available for buybacks as of Aug. 6
American Coastal Insurance Corporation (ACIC) announced an additional $25 million stock repurchase authorization, increasing its total plan to $50 million. As of August 6, 2026, the company has $30.6 million remaining for repurchases. These buybacks can occur through various transaction types and have no expiration date, providing flexibility for management.
American Coastal Insurance Corporation Announces an Additional $25 Million of Stock Repurchase Authorization
American Coastal Insurance Corporation (ACIC) has announced an additional $25 million stock repurchase authorization, bringing the total under its current plan to $50 million, with $30.6 million still available. The repurchases will occur as market conditions allow and have no expiration date. ACIC is an insurance holding company specializing in insuring condominium and homeowner association properties in Florida.
American Coastal gross premiums earned fell 16.2% as net pricing fell 24%
American Coastal Insurance Corporation (ACIC) reported a decline in Q2 2026 financial results, with net income falling to $21.9 million ($0.44 per diluted share) from $26.4 million a year prior. The decrease was primarily driven by a 16.2% drop in gross premiums earned and an 11.1% decrease in net premiums earned, attributed to a 24% reduction in net pricing in a softening Florida market. Despite these challenges, the company maintained a strong underlying combined ratio of 68.7% and increased book value per share by 20.2% to $7.21, reflecting a focus on underwriting profitability and strategic reinsurance adjustments.
American Coastal Insurance Corporation Announces an Additional $25 Million of Stock Repurchase Authorization
American Coastal Insurance Corporation (ACIC) has announced that its Board of Directors authorized an additional $25 million for stock repurchases, increasing the total authorization under its current plan to $50 million. As of August 6, 2026, $30.6 million remains available for repurchases. The company, which specializes in insuring condominium and homeowner association properties in Florida, stated that the authorization has no expiration date.
American Coastal Q2 2026 slides: margins hold amid soft market
American Coastal Insurance Corporation (ACIC) reported its Q2 2026 earnings, navigating a soft market cycle with reduced core EPS and net income, but maintaining strong profitability and market leadership in Florida. The company emphasized underwriting discipline over premium growth, showcasing robust book value growth, strategic reinsurance adjustments, and diversification into specialty excess and surplus lines. Despite a challenging pricing environment, ACIC's financial strength was externally validated by a credit rating upgrade, and its conservative investment portfolio and catastrophe protection strategy position it for long-term value creation.
American Coastal Insurance Q2 Earnings Call Highlights
American Coastal Insurance (ACIC) reported a Q2 net income of $21.9 million, facing lower pricing and catastrophe losses. Despite a decline in gross written premiums, the company maintained a strong underlying combined ratio and return on equity. Management highlighted strategic moves such as reducing hurricane retention and plans to refinance debt, while also addressing challenges in market growth initiatives due to the absence of an AM Best rating for a specialty venture.
Sei Investments Co. Acquires 326,340 Shares of American Coastal Insurance Corporation $ACIC
Sei Investments Co. significantly increased its stake in American Coastal Insurance Corporation (NASDAQ:ACIC) during the first quarter, adding 326,340 shares to own a total of 601,481 shares valued at approximately $6.77 million. Despite this increased institutional interest, American Coastal Insurance's recent quarterly earnings and revenue fell short of analyst expectations, leading to a "Reduce" consensus rating from analysts. The article also details other institutional investors' activities in ACIC and the company's financial metrics.
American Coastal Q2 2026 slides: profitability holds amid soft market
American Coastal Insurance Corporation (ACIC) reported its Q2 2026 results, showing resilience and sustained profitability despite a softening Florida property insurance market. The company emphasized underwriting discipline over premium growth, resulting in a decline in net premiums earned but maintaining a strong underlying combined ratio and significant book value per share growth. ACIC also enhanced its catastrophe protection and is pursuing geographic and product diversification through specialty E&S growth initiatives.
Earnings call transcript: American Coastal Q2 2026 profit slips as shares ease
American Coastal Insurance Corp. reported mixed Q2 2026 results with net income of $21.9 million, but core income declined by $10.3 million year-over-year due to a soft Florida insurance market and the absence of one-time benefits. Gross written premiums decreased by 5.3%, and the combined ratio worsened to 74.3%. Despite these challenges, the company maintained market leadership, saw an increase in book value per share, and management expressed confidence in continued underwriting profitability, expecting a special dividend and debt reduction.
American Coastal Insurance Q2 2026 Earnings Call Transcript
American Coastal Insurance reported its Q2 2026 earnings, facing challenges from soft market conditions and declining gross written premiums, which led to a downward revision of full-year revenue guidance. Despite these pressures, the company maintained a strong underlying combined ratio and increased its share buyback authorization, indicating confidence in future profitability and potential for a special dividend. Management also addressed issues with its multifamily and assisted-living expansion due to the lack of an AM Best rating, with plans to resolve this constraint by late Q4 2026.
American Coastal Insurance (ACIC) Lags Q2 Earnings and Revenue Estimates
American Coastal Insurance (ACIC) reported Q2 earnings of $0.33 per share and revenues of $75.1 million, missing Zacks Consensus Estimates for both. This marks an earnings surprise of -21.43% and a revenue miss of 0.79%. The company's stock has underperformed the S&P 500 year-to-date, and its current Zacks Rank is #3 (Hold), indicating expected market-level performance.
American Coastal Insurance Corporation $ACIC Shares Purchased by Arrowstreet Capital Limited Partnership
Arrowstreet Capital Limited Partnership significantly increased its stake in American Coastal Insurance Corporation (NASDAQ:ACIC) by 433.8% in the first quarter, now owning 317,891 shares valued at $3.6 million. Despite increased institutional investment, analyst sentiment has weakened, with multiple downgrades to "Hold" or "Strong Sell." The company recently missed earnings expectations, reporting $0.39 EPS against an estimated $0.44 and revenue of $71.22 million versus a forecast of $75.78 million.
American Coastal Insurance Corp (ACIC) Risk Assessment: Volatility, Financial Risk & Investment Risk
This article provides a risk assessment for American Coastal Insurance Corp (ACIC), noting its current risk assessment score of 6.95, which ranks 47 out of 114 in the Insurance industry. It highlights the company's beta value of -0.51, indicating it tends to underperform in upward markets but experiences smaller declines in downward markets. The assessment also details various volatility metrics, maximum drawdown percentages, and liquidity measures for ACIC over different periods.
American Coastal Insurance Corp (ACIC) Financial Health: Profitability & Balance Sheet Analysis
American Coastal Insurance Corp (ACIC) currently holds a financial score of 7.35, placing it 38th out of 114 companies in the Insurance industry, indicating robust financial health but average operating efficiency. The company recently reported a quarterly revenue of $71.22M, which is a 1.35% decrease year-over-year, alongside a 9.81% decrease in net profit. Key financial categories like cash and equivalents, total assets, liabilities, and free cash flow have not yet been disclosed by the company.
American Coastal Insurance Corp
This page provides an overview of American Coastal Insurance Corp (ACIC), including its current stock price, market capitalization, and P/E ratio. It notes that revenue breakdown data by business segment and region has not been disclosed by the company yet. The article primarily displays financial snapshot data without detailed analysis.
Earnings Preview: American Coastal Insurance (ACIC) Q2 Earnings Expected to Decline
American Coastal Insurance (ACIC) is projected to report a year-over-year decline in earnings and revenue for Q2 2026. While the company's Most Accurate Estimate is higher than the Zacks Consensus Estimate, leading to a positive Earnings ESP of +4.76%, its Zacks Rank of #5 makes a definitive earnings beat prediction difficult. Investors are advised to consider other factors beyond just earnings surprises when evaluating the stock.
American Coastal Insurance Corporation Schedules Second Quarter Financial Results and Conference Call
American Coastal Insurance Corporation (ACIC) announced it will release its second-quarter financial results for 2026 on Wednesday, August 5, 2026, after the market close. The company will also host a conference call at 5:00 p.m. ET to discuss the results, which will include live remarks and a Q&A session. Interested parties can participate via dial-in numbers or webcast.
American Coastal Q2 call features live remarks and Q&A Aug. 5
American Coastal Insurance Corporation (ACIC) will release its second-quarter 2026 financial results after market close on Wednesday, August 5, 2026. Following the release, the company will host a conference call at 5:00 p.m. ET, which will include live remarks and a Q&A session. The news of the upcoming earnings release has led to a 5.00% gain in ACIC's stock price, indicating a positive market reaction.
Empyrean Capital Partners LP Buys 186,487 Shares of American Coastal Insurance Corporation $ACIC
Empyrean Capital Partners LP increased its stake in American Coastal Insurance Corporation (NASDAQ:ACIC) by 19.8% in the first quarter, purchasing an additional 186,487 shares to own a total of 1,126,987 shares valued at $12.68 million. Other institutional investors like Punch & Associates Investment Management Inc., Dimensional Fund Advisors LP, Sei Investments Co., Renaissance Technologies LLC, and Arrowstreet Capital Limited Partnership also increased their holdings. However, analysts have issued a "Reduce" average rating for the stock, with recent downgrades from "Buy" to "Hold" and "Strong Sell" by various firms.
ACIC|American Coastal Insurance Corp|Price:10.400|Chg%:+0.120
This article provides a detailed financial overview of American Coastal Insurance Corp (ACIC), including its current stock price, market capitalization, P/E ratio, and upcoming earnings date. It presents comprehensive financial data through income statements, balance sheets, and cash flow statements, highlighting key indicators like EPS, revenue, net profit, and debt ratios. The content also includes an analyst rating and answers frequently asked questions about the company's financial performance.
ACIC|American Coastal Insurance Corp|Price:10.400|Chg%:+0.120
This article provides a comprehensive stock analysis of American Coastal Insurance Corp (ACIC), highlighting its strong fundamentals, high growth potential, and status as a high dividend payer. The company is considered fairly valued within the insurance industry, with significant institutional ownership including investor Paul Tudor Jones. Analysts have rated ACIC as a "Buy" with a target price of $14.00, suggesting a 36.19% upside.
ACIC Cash Flow Statement
This article provides the quarterly and annual cash flow statements for American Coastal Insurance Corp (ACIC), covering operating, investing, and financing activities from FY2012Q1 to FY2026Q1. It details figures for net income, operating gains/losses, deferred tax, changes in working capital, capital expenditures, and various cash flows, serving as a comprehensive financial overview for investors. The article also includes a FAQ section defining different types of cash flow and their significance.
