---
schema_version: "secwatch.filing_event.v1"
accession: "0001401521-23-000137"
form_type: "8-K"
ticker: "ACIC"
cik: "0001401521"
company_name: "AMERICAN COASTAL INSURANCE Corp"
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:47:55.943441+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Coastal Insurance Q3 net income $14.4M vs loss last year; combined ratio 68.7%

## Summary
- Net income from continuing operations $14.4M ($0.33 EPS) vs loss of $27.4M ($0.64 loss) YoY; core income $14.9M.
- Combined ratio improved to 68.7% from 139.3% YoY due to lower catastrophe losses and operating expenses.
- Gross premiums earned $165.8M, up 20% YoY; net premiums earned down 20.6% due to increased ceded premiums.
- Plans to sell personal lines carrier Interboro Insurance at GAAP book value; transaction expected in 2024.
- Launched ATM equity offering (1-3 million shares) to support growth; KBRA affirmed ratings, outlook stable.

## SEC filing metadata
- accession: 0001401521-23-000137
- form_type: 8-K
- ticker: ACIC
- cik: 0001401521
- company_name: AMERICAN COASTAL INSURANCE Corp
- filed_at: 2023-11-13T23:59:59+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/1401521/000140152123000137/0001401521-23-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000137/acic-20231113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401521-23-000137
- JSON: https://secwatch.observer/filing/0001401521-23-000137.json
- Plain text: https://secwatch.observer/filing/0001401521-23-000137.txt

## Key facts
- Earnings Releases
  AMERICAN COASTAL INSURANCE Corp reported financial results for the third quarter ended September 30, 2023.
  - Period: the third quarter ended September 30, 2023
  - Result: reported results
  source text: American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401521/000140152123000137/0001401521-23-000137-index.htm

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