---
schema_version: "secwatch.filing_event.v1"
accession: "0001401521-23-000092"
form_type: "8-K"
ticker: "ACIC"
cik: "0001401521"
company_name: "AMERICAN COASTAL INSURANCE Corp"
filed_at: "2023-06-26T23:59:59+00:00"
generated_at: "2026-06-13T16:57:27.587415+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UIHC provides strategic update: Q1 continuing ops pre-tax income $40.4M, exits personal lines via UPC disposal

## Summary
- Q1 2023 continuing ops pre-tax earnings of $40.4M; annualized revenue $416.2M as of March 31, 2023.
- Book value per share restored to $1.93 after deconsolidation of UPC; total equity $83.5M.
- ACIC 10-year average pre-tax income $48.1M with attritional loss ratio of 8.0%; profitable every year.
- Seeking buyer for Interboro Insurance (IIC) to complete exit from personal lines; IIC has 18,000 policies in NY.
- ACIC holds #1 market share in FL commercial residential condominium insurance with $563M premium in-force.

## SEC filing metadata
- accession: 0001401521-23-000092
- form_type: 8-K
- ticker: ACIC
- cik: 0001401521
- company_name: AMERICAN COASTAL INSURANCE Corp
- filed_at: 2023-06-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000092/0001401521-23-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000092/uihc-20230626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401521-23-000092
- JSON: https://secwatch.observer/filing/0001401521-23-000092.json
- Plain text: https://secwatch.observer/filing/0001401521-23-000092.txt

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