---
schema_version: "secwatch.filing_event.v1"
accession: "0001401521-22-000130"
form_type: "8-K"
ticker: "ACIC"
cik: "0001401521"
company_name: "AMERICAN COASTAL INSURANCE Corp"
filed_at: "2022-12-09T23:59:59+00:00"
generated_at: "2026-06-21T06:43:37.371190+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KBRA downgrades UIHC debt to BB+ from BBB-; UPC IFSR cut to B+

## Summary
- UIHC issuer/debt rating cut to BB+ from BBB-; UPC IFSR downgraded to B+ from BB-.
- KBRA withdrew UPC's IFSR at company's request; American Coastal and Interboro affirmed A-.
- All ratings removed from Watch Downgrade; Negative Outlook assigned.
- $150M senior notes coupon steps to 7.25% from 6.25% due to rating trigger.
- No other material impacts from downgrade as of Dec 9, 2022.

## SEC filing metadata
- accession: 0001401521-22-000130
- form_type: 8-K
- ticker: ACIC
- cik: 0001401521
- company_name: AMERICAN COASTAL INSURANCE Corp
- filed_at: 2022-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401521/000140152122000130/0001401521-22-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401521/000140152122000130/uihc-20221209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401521-22-000130
- JSON: https://secwatch.observer/filing/0001401521-22-000130.json
- Plain text: https://secwatch.observer/filing/0001401521-22-000130.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.