Core Viewpoint - American Coastal Insurance Corporation has received upgrades in its Issuer and Debt ratings from Kroll Bond Rating Agency, reflecting improved financial metrics and a positive outlook for future performance [1][2]. Financial Ratings - Kroll Bond Rating Agency upgraded American Coastal's Issuer Rating from BB+ to BBB- and its Debt Rating from BB+ to BBB- [1]. - The Insurance Financial Strength Rating for American Coastal Insurance Company was affirmed at A- with a Positive outlook [1][2]. Financial Performance - The upgrades are attributed to improvements in financial leverage metrics and strong double-digit EBIT interest coverage [2]. - The change in outlook to Positive indicates expectations of continued favorable operating results and strong risk-adjusted capitalization [2]. Cost Savings - The upgrade to investment grade status will reduce the company's annual interest expense by $1.5 million, supporting its strategy for responsible business growth [3]. Company Overview - American Coastal Insurance Corporation, founded in 2007, specializes in insuring Condominium and Homeowner Association properties in Florida [4]. - The company has an exclusive partnership with AmRisc Group for the distribution of Condominium Association properties in Florida [4]. - American Coastal Insurance Company has received a Financial Stability Rating of "A", Exceptional from Demotech, and maintains an "A-" insurance financial strength rating with a Positive outlook from Kroll [4].