10.01
-0.30%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About American Coastal Insurance
From its filings with the US Securities and Exchange Commission
American Coastal Insurance is based in Saint Petersburg, Florida and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker ACIC. The SEC classifies its business as fire, marine & casualty insurance. In the fiscal year to 31 December 2025, it reported revenue of $335.4m and net income of $106.8m. At that date it held total assets of $1.07bn and shareholders' equity of $317.6m.
Our Company’s revenue is generated from writing insurance in Florida. Our target market in such areas consists of states where the perceived threat of natural catastrophe has caused large national insurance carriers to reduce their concentration of policies. We believe an opportunity exists for ACIC to write profitable business in such areas. In 2023, our former insurance subsidiary that wrote personal residential business in six states, United Property & Casualty Insurance Company (UPC) was placed into receivership with the Florida Department of Financial Services (the "DFS"), which divested our ownership of UPC. The results of this subsidiary for periods prior to receivership, now included within discontinued operations, can be seen in Note 4 of the Notes to Consolidated Financial Statements below. Discussion of 2023 and 2024 related to UPC can be found in our 2023 and 2024 Forms 10-K.
We have historically grown our business through strong organic growth, complemented by strategic acquisitions and partnerships, including our acquisitions of AmCo Holding Company, LLC (AmCo) and its subsidiaries, including AmCoastal, in April 2017.
Quoted from its 10-K, filed 9 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 5 Oct 2007
- Employees
- 478
- Website
- upcinsurance.com ↗
- Head office
- 570 CARILLON PARKWAY, SAINT PETERSBURG, FL, 33716
- Incorporated in
- DE
- Classification
- Fire, Marine & Casualty Insurance
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. R. Daniel PeedExecutive Chairman of the Board, since 2017$422,300
- Mr. Gregory BranchIndependent Chairman Emeritus$186,150
- Mr. Bennett MartzPresident, Chief Executive Officer$1.7m
- Ms. Svetlana CastleChief Financial Officer$901,107
- Mr. Christopher GriffithChief Operating Officer, Chief Information Officer$1.2m
- Mr. James GrayChief Compliance and Risk Officer
- Ms. Brook AdlerGeneral Counsel$942,607
- Mr. Alec PoitevintLead Independent Director$146,150
- Dr. Kern DavisIndependent Director$146,150
- Mr. Michael HoganIndependent Director$136,150
- Mr. William HoodIndependent Director$136,150
- Mr. Sherrill HudsonIndependent Director$156,150
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 30
- Environment
- 8
- Social
- 31
- Governance
- 50
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- United Insurance Holdings Corp. has a strong financial position with steady revenue growth and healthy cash flow. This enables them to invest in technological advancements and expand their product offerings to meet customer needs.
- The company has a diverse portfolio of insurance products, including property, casualty, and flood insurance. This diversification helps them mitigate risks and capitalize on various market opportunities.
- United Insurance Holdings Corp. has established a strong reputation and brand presence in the insurance industry. Their quality customer service, prompt claims processing, and competitive pricing have helped them retain a loyal customer base.
Weaknesses
- The company's dependence on external reinsurance providers could expose them to potential reinsurance market fluctuations and increased costs. This reliance on third-party providers may limit their control over underwriting decisions.
- United Insurance Holdings Corp. operates primarily in the United States, making them vulnerable to regional economic downturns or natural disasters that could impact their policyholders and financial performance.
- The company's limited market share, compared to larger competitors, could hinder their ability to negotiate favorable reinsurance agreements or procure favorable pricing from suppliers.
Opportunities
- The increasing demand for insurance coverage, particularly in catastrophe-prone regions, presents growth opportunities for United Insurance Holdings Corp. They can capitalize on this trend by expanding their geographic presence and product offerings.
- Advancements in technology, such as data analytics and machine learning, provide an opportunity for the company to enhance risk assessment models, improve underwriting processes, and streamline claims handling.
- Strategic partnerships and collaborations with other insurance companies or industry stakeholders can help United Insurance Holdings Corp. leverage their expertise and resources to drive innovation and expand their customer reach.
Threats
- Intense competition in the insurance market poses a threat to United Insurance Holdings Corp. They face competition from other established carriers as well as new entrants utilizing technology-driven business models.
- Changes in regulatory requirements and compliance standards can increase operational costs and administrative burdens for the company. They must stay abreast of evolving regulations to ensure compliance and avoid penalties.
- Economic downturns, natural disasters, or unexpected events can negatively impact the financial performance of United Insurance Holdings Corp. They need to be prepared to handle increased claims volume and potential financial losses during such periods.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.