---
schema_version: "secwatch.filing_event.v1"
accession: "0001401521-23-000014"
form_type: "8-K"
ticker: "ACIC"
cik: "0001401521"
company_name: "AMERICAN COASTAL INSURANCE Corp"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:40:40.041299+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Florida court orders liquidation of United Property & Casualty subsidiary; deconsolidation effective Feb 27, 2023

## Summary
- Circuit Court for Leon County, FL issued consent order on Feb 27, 2023 appointing Florida Dept of Financial Services as receiver for UPC.
- UPC subsidiary will be liquidated and deconsolidated from UIHC financial results effective Feb 27, 2023.
- Pro forma financial statements reflecting disposal of UPC and deconsolidation were previously filed on Feb 10, 2023.
- The order includes an injunction and automatic stay related to the liquidation proceedings.

## SEC filing metadata
- accession: 0001401521-23-000014
- form_type: 8-K
- ticker: ACIC
- cik: 0001401521
- company_name: AMERICAN COASTAL INSURANCE Corp
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000014/0001401521-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000014/uihc-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401521-23-000014
- JSON: https://secwatch.observer/filing/0001401521-23-000014.json
- Plain text: https://secwatch.observer/filing/0001401521-23-000014.txt

## Key facts
- M&A Transactions
  AMERICAN COASTAL INSURANCE Corp completed a disposition involving Florida Department of Financial Services (closed 2023-02-27).
  - Action: disposition
  - Counterparty: Florida Department of Financial Services
  - Closing: 2023-02-27
  source text: On February 27, 2023, the Circuit Court of the Second Judicial Circuit for Leon County, Florida issued a consent order appointing the Florida Department of Financial Services as receiver of United Insurance Holding Corp.'s (the "Company") subsidiary, United Property & Casualty Insurance Company ("UPC") for purposes of liquidation, injunction and notice of automatic stay. This order completes the Company's disposal of UPC which will be de-consolidated from our financial results on this date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000014/0001401521-23-000014-index.htm

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