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American Coastal Insurance Corporation (ACIC) Discusses Strategic Partnership Expansion and Participation in Catastrophe-Exposed Insurance Portfolio Prepared Remarks Transcript
Seeking Alpha· 2026-01-14 19:16
Core Insights - American Coastal Insurance Corporation (ACIC) is focused on creating shareholder value through revenue and earnings growth initiatives [1] - The company was founded in 2007 to underwrite commercial residential property insurance in Florida, specifically targeting habitational risks such as condominiums and apartments [2][3] Company Overview - ACIC is the market leader for condominium associations in Florida, holding a 1 market share with approximately 4,300 out of 17,000 eligible condominium associations [4] - The company has a premium in-force of $637 million at the end of the third quarter, underwritten in partnership with the AmRisc Group, a leading commercial property managing general agency [4]