AMERICAN COASTAL INSURANCE Corp
For the period ended Dec 31, 2025. Filed Mar 9, 2026.
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FY2025 · Filed Mar 9, 2026
ACIC$10.01-0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31,2025 | December 31,2024 | |
|---|---|---|
| ASSETS | ||
| Investments, at fair value: | ||
| Fixed maturities, available-for-sale (amortized cost of $261,503 and $295,547, respectively) | $253,152 | $281,001 |
| Equity securities | 61,685 | 36,794 |
| Other investments (amortized cost of $38,954 and $22,969, respectively) | 40,053 | 23,623 |
| Total investments | $354,890 | $341,418 |
| Cash and cash equivalents | 198,762 | 137,036 |
| Restricted cash | 94,092 | 62,357 |
| Total cash, cash equivalents and restricted cash | $292,854 | $199,393 |
| Accrued investment income | 3,156 | 2,964 |
| Property and equipment, net | 723 | 5,736 |
| Premiums receivable, net (credit allowance of $0 and $26, respectively) | 70,447 | 46,564 |
| Reinsurance recoverable on paid and unpaid losses, net (credit allowance of $30 and $75, respectively) | 128,205 | 263,419 |
| Ceded unearned premiums | 109,697 | 160,893 |
| Goodwill | 59,476 | 59,476 |
| Deferred policy acquisition costs, net | 37,815 | 40,282 |
| Intangible assets, net | 3,471 | 5,908 |
| Other assets | 11,998 | 16,816 |
| Assets held for sale | — | 73,243 |
| Total Assets | $1,072,732 | $1,216,112 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Liabilities: | ||
| Unpaid losses and loss adjustment expenses | $165,701 | $322,087 |
| Unearned premiums | 249,616 | 285,354 |
| Reinsurance payable on premiums | 66,841 | 83,130 |
| Accounts payable and accrued expenses | 112,781 | 86,140 |
| Operating lease liability | 3,135 | 3,323 |
| Notes payable, net | 149,353 | 149,020 |
| Other liabilities | 7,740 | 1,456 |
| Liabilities held for sale | — | 49,942 |
| Total Liabilities | $755,167 | $980,452 |
| Commitments and Contingencies (Note 12) | ||
| Stockholders' Equity: | ||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding | $— | $— |
| Common stock, $0.0001 par value; 100,000,000 shares authorized; 48,976,885 and 48,417,045 issued, respectively; 48,764,802 and 48,204,962 outstanding, respectively | 5 | 5 |
| Additional paid-in capital | 439,742 | 436,524 |
| Treasury shares, at cost: 212,083 shares | (431) | (431) |
| Accumulated other comprehensive loss | (7,242) | (15,666) |
| Retained earnings (deficit) | (114,509) | (184,772) |
| Total Stockholders' Equity | $317,565 | $235,660 |
| Total Liabilities and Stockholders' Equity | $1,072,732 | $1,216,112 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.