Every material Form 8-K AMERICAN COASTAL INSURANCE Corp has filed with the SEC since August 05, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
American Coastal Insurance reported third-quarter 2026 net income of $19.4 million, or $0.40 per diluted share, down from $32.5 million, or $0.65, a year earlier. The company said the decline came mainly from lower net premiums earned as market pricing softened, with net pricing down 25.6% year over year. For shareholders, the results show lower earnings and revenue, though gross premiums written rose 3.2% for the first time since early 2025.
Net income $19.4 million ($0.40 per diluted share) vs. $32.5 million ($0.65) in Q3 2025, down 40.3%
Total revenue $70.7 million, down 21.8% from $90.4 million; net premiums earned down 19.0% to $65.5 million
Gross premiums written up 3.2% to $74.1 million; net pricing down 25.6% year over year
Book value per share $7.52 at September 30, 2026, up from $6.51 at December 31, 2025
American Coastal Insurance Corporation disclosed that Christopher Griffith resigned as Chief Operating Officer and Chief Information Officer, effective October 1, 2026, to pursue another opportunity. The filing does not name a successor or describe any financial effect, so the change's impact on shareholders is not stated.
Christopher Griffith resigned as Chief Operating Officer and Chief Information Officer.
Resignation effective October 1, 2026; company announced it October 2, 2026.
He is leaving to pursue another opportunity; the filing names no successor.
American Coastal Insurance reported second-quarter 2026 net income of $21.9 million, or $0.44 per diluted share, down from $26.4 million, or $0.53 per diluted share, a year earlier. Gross premiums written fell 5.3% to $216.3 million, and the company attributed the decline to a 24% drop in net pricing as the market softened. Core income, a non-GAAP measure, fell 38.5% to $16.5 million, which weighs on shareholders' view of underlying earnings.
Net income for the quarter was $21.9 million, or $0.44 per diluted share, versus $26.4 million, or $0.53, in Q2 2025.
Net premiums earned fell 11.1% to $69.7 million, and gross premiums written fell 5.3% to $216.3 million.
Combined ratio rose to 74.3% from 60.6%, and the underlying combined ratio rose to 68.7% from 62.2%, which the company attributed partly to $3.1 million in current-year catastrophe losses.
Book value per share was $7.21 at June 30, 2026, up from $6.00 a year earlier, and no dividends were declared.
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