secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN COASTAL INSURANCE Corp (ACIC)
CIK:        0001401521
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001401521-25-000024
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACIC Q4 core EPS $0.12 misses estimates, hit by Hurricane Milton losses
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- Q4 core income $6.0M ($0.12 diluted) vs analyst estimate $0.16; down 66.7% YoY.
- Combined ratio 91.9% due to 27.8 points from Hurricane Milton; net cat losses $20.4M.
- FY24 combined ratio 67.5%, near 65% target; net premiums earned up 49.6% to $73.5M.
- Declared $0.50 special dividend during Q4; book value per share $4.89.
- Launched new apartment product (19 policies, $2.3M premium); placed $200M cat bond oversubscribed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401521/000140152125000024/0001401521-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401521/000140152125000024/acic-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001401521-25-000024

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer