---
schema_version: "secwatch.filing_event.v1"
accession: "0001401521-23-000088"
form_type: "8-K"
ticker: "ACIC"
cik: "0001401521"
company_name: "AMERICAN COASTAL INSURANCE Corp"
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:14:46.826343+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# United Insurance renews catastrophe reinsurance; ACIC limit down 48%, cost up 30%

## Summary
- ACIC bought $1.322B occurrence limit for 2023/24, down 47.6% from $2.524B, due to UPCIC divestiture.
- First-event retention cut to $10M per occurrence (from $16.4M); ACIC reinsurance cost $227.5M, up 30.3%.
- IIC secured $82M per-occurrence limit (down 56.3%); cost $9.1M, down 45.2%; retention unchanged at $3M.
- Coverage adequate for a 1-in-167-year event for ACIC and 1-in-130-year for IIC.
- Both programs reflect reduced exposure after divesting UPCIC; ACIC’s quota share ceded at 40% to A+ rated reinsurers.

## SEC filing metadata
- accession: 0001401521-23-000088
- form_type: 8-K
- ticker: ACIC
- cik: 0001401521
- company_name: AMERICAN COASTAL INSURANCE Corp
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000088/0001401521-23-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000088/uihc-20230605.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401521-23-000088
- JSON: https://secwatch.observer/filing/0001401521-23-000088.json
- Plain text: https://secwatch.observer/filing/0001401521-23-000088.txt

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