American Coastal Maps E&S Expansion as Florida Insurance Pricing Softens
American Coastal Insurance (NASDAQ:ACIC) reported first-half 2025 net income of $41M, down from $48M a year earlier, with annualized ROE at 25%. The company expects to launch its E&S carrier, ACES, in Q2 2027, targeting Florida, Texas, and South Carolina. American Coastal also expanded its reinsurance program, securing $1.7B in catastrophe coverage for 2026-2027. The company's stockholders' equity increased to $341M by June 30, 2025, and it plans to refinance half of its $150M debt maturing in 2



