• American Coastal Insurance posted first-quarter net income of $19.25 million, down 9.8%, with diluted EPS of $0.39 versus $0.43 a year earlier.
• Revenue slipped 1.4% to $71.22 million as gross premiums written dropped 24.5% to $149.4 million.
• Combined ratio widened 1 percentage point to 66.0%, while underlying combined ratio held nearly flat at 68.3%.
• Book value per share climbed 27.1% to $6.86; cash, restricted cash, and investments fell to $599.4 million following a $36.6 million dividend payment.
• CEO B. Bradford Martz said results stayed in line with targets, citing selective partnerships, targeted commercial property classes, and increased use of AI as the commercial market remains in a soft cycle.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Coastal Insurance Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001401521-26-000027), on May 05, 2026, and is solely responsible for the information contained therein.