{"schema_version":"secwatch.filing_event.v1","accession":"0001401521-23-000053","form_type":"8-K","ticker":"ACIC","cik":"0001401521","company_name":"AMERICAN COASTAL INSURANCE Corp","filed_at":"2023-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.707744+00:00","generated_at":"2026-06-15T00:52:10.127833+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"United Insurance Holdings Reports Q1 2023 Net Income of $260.9M, Core Income Up 419%","bullets":["GAAP net income from continuing operations $30.5M, up 563% from $4.6M in Q1 2022.","Core income (non-GAAP) of $30.9M, or $0.71 per diluted share, up 419% year-over-year.","Combined ratio improved to 70.5% from 191.7%, driven by strong commercial lines performance.","Stockholders' equity restored to $83.5M ($1.93 per share) after de-consolidation of former subsidiary UPC.","Company secured 100% capacity for 2023-24 catastrophe reinsurance program for ACIC."],"urls":{"canonical":"https://secwatch.observer/filing/0001401521-23-000053","json":"https://secwatch.observer/filing/0001401521-23-000053.json","markdown":"https://secwatch.observer/filing/0001401521-23-000053.md","text":"https://secwatch.observer/filing/0001401521-23-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1401521/000140152123000053/0001401521-23-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1401521/000140152123000053/uihc-20230515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T00:52:10.127833+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":"b678493ed5de335d9c5e7407075013d36c20ecbd","claim":"AMERICAN COASTAL INSURANCE Corp reported the first quarter ended March 31, 2023 results: revenue Total revenues $ 104,047, net income Consolidated net income (loss) attributable to UIHC $ 260,878, EPS $5.99.","evidence_excerpt":"2023 2022 Change Gross premiums written $ 187,123 $ 142,414 31.4 % Gross premiums earned $ 144,476 $ 122,733 17.7 % Net premiums earned $ 87,324 $ 57,746 51.2 % Total revenues $ 104,047 $ 117,361 (11.3) % Earnings from continuing operations, before income tax $ 40,428 $ 5,627 618.5 % Income (loss) from discontinued operations, net of tax $ 230,305 $ (37,904) NM","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1401521/000140152123000053/0001401521-23-000053-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"Total revenues $ 104,047"},{"label":"Net income","value":"Consolidated net income (loss) attributable to UIHC $ 260,878"},{"label":"EPS","value":"$5.99"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}