---
schema_version: "secwatch.filing_event.v1"
accession: "0001401521-23-000057"
form_type: "8-K"
ticker: "ACIC"
cik: "0001401521"
company_name: "AMERICAN COASTAL INSURANCE Corp"
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:28:13.240731+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# United Insurance Holdings enters tax agreement with Florida DFS to recover $38.4M in reinsurance

## Summary
- United Insurance Holdings and its subsidiary American Coastal Insurance Co. signed a Tax Memorandum of Understanding with the Florida DFS on May 15, 2023.
- The agreement addresses $38,352,000 in reinsurance recoveries due to ACIC from UPC, now in DFS receivership since February 27, 2023.
- Parties will cooperate to realize UPC's deferred tax assets, which are valueless standalone but usable by ACIC subject to profitability conditions.
- Proceeds from tax allocation will be held in a segregated ACIC account as collateral; annual true-ups and excess payments to DFS are required.

## SEC filing metadata
- accession: 0001401521-23-000057
- form_type: 8-K
- ticker: ACIC
- cik: 0001401521
- company_name: AMERICAN COASTAL INSURANCE Corp
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000057/0001401521-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000057/uihc-20230516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401521-23-000057
- JSON: https://secwatch.observer/filing/0001401521-23-000057.json
- Plain text: https://secwatch.observer/filing/0001401521-23-000057.txt

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