American Coastal described itself as the market leader for Florida condominium associations, citing a number one market share and roughly 4,300 of approximately 17,000 condominium associations eligible for its product. Management said this represents most of the company’s $637 million of premium in-force at the end of the third quarter. Martz attributed the company’s track record—an underwriting profit every year since inception and 18 consecutive years of profitability in Florida—to underwriting discipline ...