---
schema_version: "secwatch.filing_event.v1"
accession: "0001401521-23-000099"
form_type: "8-K"
ticker: "ACIC"
cik: "0001401521"
company_name: "AMERICAN COASTAL INSURANCE Corp"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T17:00:09.280614+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Coastal Insurance Q2 net income $18.2M; combined ratio 67.7%; core EPS $0.65 vs $0.20 YoY

## Summary
- Net income from continuing operations $22.6M ($0.52 diluted EPS) vs $5.8M ($0.14) YoY; consolidated net income $18.2M vs loss of $69.0M.
- Core income $28.4M ($0.65 per share) increased 236% from $8.5M YoY; underlying combined ratio improved to 66.0% from 86.2%.
- Gross premiums written up 17.5% to $243.9M; net premiums earned up 28.9% to $83.2M driven by commercial lines rate adequacy.
- Book value per share rose to $2.45 from $1.93 quarter-over-quarter; total equity $106.5M.
- Company changed name to American Coastal Insurance Corp.; new Nasdaq ticker ACIC effective August 15, 2023.

## SEC filing metadata
- accession: 0001401521-23-000099
- form_type: 8-K
- ticker: ACIC
- cik: 0001401521
- company_name: AMERICAN COASTAL INSURANCE Corp
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000099/0001401521-23-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000099/uihc-20230810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401521-23-000099
- JSON: https://secwatch.observer/filing/0001401521-23-000099.json
- Plain text: https://secwatch.observer/filing/0001401521-23-000099.txt

## Key facts
- Earnings Releases
  AMERICAN COASTAL INSURANCE Corp reported financial results for the second quarter ended June 30, 2023.
  - Period: the second quarter ended June 30, 2023
  - Result: reported results
  source text: FOR IMMEDIATE RELEASE AMERICAN COASTAL INSURANCE CORPORATION REPORTS FINANCIAL RESULTS FOR ITS SECOND QUARTER ENDED JUNE 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000099/0001401521-23-000099-index.htm

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