UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-35761 American Coastal Insurance Corporation (Exact Name of Registrant as Specified in its Charter) (State or Other Jurisd ...

Financial Data and Key Metrics Changes - American Coastal Insurance Corporation reported a 26% year-over-year increase in revenues and a 51% year-over-year growth in pretax earnings, achieving a core return on equity of approximately 42% [5][6] - Net income for the quarter was $26.4 million, with core income rising to $26.8 million, an increase of $7.2 million year-over-year [9] - The combined ratio improved to 60.6%, a decrease of 4.3 points from the previous year, and the non-GAAP underlying combined ratio was 62.2%, also below the 65% target [10][11] - Cash and investments grew by 34.3% since year-end to $726.2 million, reflecting strong liquidity [11] Business Line Data and Key Metrics Changes - The company’s policies in force increased by approximately 10% since year-end, with total insured value rising by about 18% to $69.8 billion as of June 30 [6] - Policy acquisition costs increased by $10.3 million or 74.8%, while general and administrative expenses decreased by $4.1 million or 34.5% due to the receipt of Employee Retention Tax Credit refunds [9] Market Data and Key Metrics Changes - The Florida market for admitted commercial residential property insurance remains relatively healthy, although property insurance rates continued to decline in most territories during the second quarter [6] - Southeast Florida is experiencing a firmer market compared to the rest of the state, with expectations of improvement due to ongoing capacity and underwriting constraints [6] Company Strategy and Development Direction - The company is cautiously optimistic about growing its presence in the apartment space in Florida, focusing on high-quality risks rather than aggressive growth targets [15][17] - The company aims to maintain a strong underwriting discipline, prioritizing expected returns on capital over sheer premium volume [17][34] Management's Comments on Operating Environment and Future Outlook - Management noted that the underwriting environment is expected to remain healthy, but potential decreases in rates could impact growth opportunities [32] - The company has regained investment grade status, which reduces the interest rate on senior notes by 100 basis points, indicating positive directional momentum [7][8] Other Important Information - The company completed its core catastrophe reinsurance program renewal with a risk-adjusted cost decrease of approximately 12.4% [6] - The company has received all Employee Retention Tax Credit refunds, confirming no lingering credits are expected [37] Q&A Session Summary Question: Insights on Skyway Underwriters and Market Context - Management expressed cautious optimism about growing in the apartment space, emphasizing a selective approach to underwriting [15][16] Question: Apartment Binding Ratio Implications - The increase in the binding ratio is attributed to gaining experience and improved relationships with distribution partners, along with seasonal factors [29][30] Question: Future Binding Ratio Expectations - Management indicated uncertainty about the binding ratio for the second half of the year, suggesting it could either increase or decrease based on market conditions [32] Question: Market Conditions in Southeast Florida - Management highlighted that Southeast Florida is a challenging market with more demand than supply, which bodes well for the company's book of business [35][36] Question: Employee Tax Retention Credit Status - Management confirmed that all expected Employee Retention Tax Credits have been received [37]

Earnings Presentation August 6th, 2025 2nd Quarter 2025 Company Overview ACIC is a specialty underwriter of catastrophe exposed commercial property insurance. American Coastal Insurance Corp. (Nasdaq: ACIC) is the insurance holding company for American Coastal Insurance Company (AmCoastal), a Florida domiciled P&C carrier, and Skyway Underwriters (SKU), a managing general agency, along with other operating affiliates. AmCoastal is a balance sheet underwriter and has the #1 market share of commercial residen ...

Company to Host Quarterly Conference Call at 5:00 P.M. ET on August 6, 2025 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. ST. PETERSBURG, Fla., Aug. 06, 2025 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or the "Company"), a property and casualty insurance holding company, today reported its financial results for the second quarter ende ...

Exhibit 99.1 FOR IMMEDIATE RELEASE AMERICAN COASTAL INSURANCE CORPORATION REPORTS FINANCIAL RESULTS FOR ITS SECOND QUARTER ENDED JUNE 30, 2025 Company to Host Quarterly Conference Call at 5:00 P.M. ET on August 6, 2025 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. St. Petersburg, FL - August 6, 2025: American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or the "Com ...

ST. PETERSBURG, Fla., July 23, 2025 (GLOBE NEWSWIRE) -- 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 it expects to release its financial results for the second quarter ended June 30, 2025, on Wednesday, August 6, 2025, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. The conference call will includ ...

ST. PETERSBURG, Fla., July 21, 2025 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“American Coastal” or the “Company”) the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that Kroll Bond Rating Agency (“KBRA”) has upgraded its Issuer Rating from BB+ to BBB- and upgraded its Debt Rating from BB+ to BBB-. KBRA also affirmed the Insurance Financial Strength Rating of A- for AmCoastal. The Outlook for all ratings has been changed ...

Group 1 - The article emphasizes a value investing approach, focusing on an owner's mindset and a long-term investment horizon [1] - The author does not engage in writing sell articles or recommending shorting stocks, indicating a preference for long positions [1] - The author has no current stock or derivative positions in the companies mentioned and does not plan to initiate any within the next 72 hours [2] Group 2 - The article expresses personal opinions and is not influenced by compensation from companies mentioned, aside from Seeking Alpha [2] - It clarifies that past performance does not guarantee future results, and no specific investment advice is provided [3] - The article notes that the views expressed may not reflect those of Seeking Alpha as a whole, highlighting the independent nature of the analysis [3]

Core Viewpoint - American Coastal Insurance Corporation held its Q1 2025 earnings conference call on May 8, 2025, with key executives discussing the company's performance and future outlook [1][3]. Group 1: Company Overview - The conference call featured President and CEO Bradford Martz and CFO Svetlana Castle, highlighting the leadership's engagement with investors [1][3]. - The call was made available on the company's website, with a replay option for approximately 30 days, indicating a commitment to transparency and investor relations [3]. Group 2: Financial Communication - The company provided access to the latest earnings release and presentation in the investor section of its website, ensuring stakeholders have the necessary information for analysis [3]. - Forward-looking statements were made during the call, emphasizing the company's reliance on reasonable estimates and assumptions for future performance [4].

Financial Performance - Non-GAAP Core Income decreased by $3.7 million, a -15.3% change year-over-year, to $20.7 million ($0.42 per share) due to higher policy acquisition costs [10] - Net premiums earned increased by $5.7 million, a +9.0% increase year-over-year, reaching $68.3 million [10] - The combined ratio increased to 65.0% from 53.2% in the previous year, while the Non-GAAP underlying combined ratio increased to 68.2% from 52.9% [10] - Net income decreased by $2.251 million, a -9.5% change year-over-year, to $21.348 million [16] - Core income decreased by $3.739 million, a -15.3% change year-over-year, to $20.651 million [16] Balance Sheet and Investments - Total Assets stood at $1.16 billion as of March 31, 2025 [6] - Total Equity was $260.9 million as of March 31, 2025 [6] - Stockholders' equity attributable to ACIC increased by $25.2 million from December 31, 2024, to $260.9 million, or $5.40 per share [10] - Total Cash & Investments increased to $568.827 million, a 5.2% increase from $540.811 million [20] Market and Operations - AmCoastal has roughly 4,239 policies and $660.5 million of premium in-force [5] - The commercial property insurance market in Florida softened, with average premium in-force decreasing by -3.1%, but account retention remained strong at 88.4% [10]