AMERICAN COASTAL INSURANCE Corp 8-K

What Happened American Coastal Insurance Corporation (ACIC), through its wholly owned subsidiary American Coastal Insurance Company (AmCoastal), filed an 8-K on January 7, 2026 announcing renewals of two catastrophe reinsurance programs effective January 1, 2026. The company renewed an All Other Perils catastrophe excess-of-loss agreement (AOP CAT) and a catastrophe aggregate excess-of-loss agreement (CAT Agg) to limit losses from catastrophe events for the 2026 policy year.

Key Details

• AOP CAT: Provides up to $95.6 million of occurrence limit in excess of a $10.0 million attachment point; ACIC’s retention is $10.0 million per occurrence (net of quota share). Cost: approx. $11.4 million, inclusive of reinstatement premium protection. Coverage (exclusive of retention): ~$95.6M for a first event, or $170.4M in the aggregate.
• CAT Agg: Provides a $40.0 million aggregate limit (with a $20.0 million per-occurrence cap) excess of zero after a $40.0 million annual aggregate deductible is exceeded. Covers all catastrophe events (including named windstorms, severe convective storms and winter storms) for the year ending December 31, 2026. Cost: approx. $4.9 million.
• Filing: Reported on Form 8-K dated January 7, 2026; signed by B. Bradford Martz, President & CEO.

Why It Matters These reinsurance renewals set the company’s financial protection against large catastrophe losses for 2026, capping potential per-event and annual losses and allocating costs (premiums) for that protection. For investors, the coverage limits, attachment points, and premium costs are key inputs to ACIC’s capital adequacy, underwriting risk exposure, and potential earnings volatility in the event of significant catastrophe activity.