American Coastal Insurance: Floridian Risks Counter Improvements

Joseph Parrish
2.56K Followers

Summary

  • ACIC has transformed into a Florida-focused commercial property insurer, exiting personal lines and New York to target niche markets avoided by national carriers.
  • Q1 2025 results show improved profitability and a strong balance sheet, but the company remains highly exposed to Florida's hurricane risks.
  • Despite a new dividend and potential for tangible book value growth, ACIC trades at a premium with limited growth prospects.
  • Given fair valuation and concentrated risk, I rate ACIC as a Hold; better entry points may emerge if the stock trades closer to book value.

Hurricane Rafael 2024 Cloud Map Gulf Of Mexico 3D Render Neutral

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American Coastal Insurance Corporation (NASDAQ:ACIC) is a regional property-casualty insurer. Q1 2025 results came out recently, and while the business is fundamentally transformed, I don't investors today are getting a good price relative to the

This article was written by

2.56K Followers
I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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