{"schema_version":"secwatch.filing_event.v1","accession":"0001401521-23-000012","form_type":"8-K","ticker":"ACIC","cik":"0001401521","company_name":"AMERICAN COASTAL INSURANCE Corp","filed_at":"2023-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.759248+00:00","generated_at":"2026-06-19T17:48:00.985157+00:00","sec_items":["2.02","2.06","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"UPC subsidiary near insolvency; Hurricane Ian losses surge to $1.54B gross, nets $197M in Q4 2022","bullets":["UPC expected insolvent as of Dec 31, 2022; Florida OIR notified.","Hurricane Ian gross loss estimate increased to $1.54B from $1B; net loss expense $197M in Q4 2022.","UPC personal lines Ian loss net $145M; all reinsurance exhausted. ACIC commercial Ian net $16M; FHCF has $518M limit remaining.","Adverse prior year reserve development adds $61M net in Q4 2022.","Company to deconsolidate UPC if receivership; pro forma financials filed."],"urls":{"canonical":"https://secwatch.observer/filing/0001401521-23-000012","json":"https://secwatch.observer/filing/0001401521-23-000012.json","markdown":"https://secwatch.observer/filing/0001401521-23-000012.md","text":"https://secwatch.observer/filing/0001401521-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401521/000140152123000012/0001401521-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401521/000140152123000012/uihc-20230210.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T17:48:00.985157+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b3f6aa1617732707b1ba2cf009f44a74bd38793d","claim":"AMERICAN COASTAL INSURANCE Corp reported preliminary financial results for the fourth quarter of 2022.","evidence_excerpt":"we expect to incur approximately $197 million of net loss and loss adjustment expense related to current accident year catastrophe events for the fourth quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401521/000140152123000012/0001401521-23-000012-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}