{"success":true,"data":{"pressRelease":{"id":"164823","rtpr_id":"nGNX6bRcw7-20261008","ticker":"ACIC","exchange":"NASDAQ","all_tickers":["ACIC"],"title":"American Coastal Insurance Corporation Receives Certificate of Authority for ACES Specialty Insurance Company","author":"Globe Newswire","published_at":"2026-10-08T20:05:13.111Z","article_body":"ST. PETERSBURG, Fla., Oct. 08, 2026 (GLOBE NEWSWIRE) -- American Coastal\nInsurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American\nCoastal” or “ACIC”), the insurance holding company of American Coastal\nInsurance Company, today announced that its newly formed subsidiary, ACES\nSpecialty Insurance Company (“ACES”), has received a Certificate of\nAuthority from the Arizona Department of Insurance and Financial Institutions\nto transact excess and surplus (“E&S”) lines of insurance.\n\nThe Company initially plans to underwrite catastrophe exposed commercial E&S\nproperty business through ACES in Florida, Texas, and South Carolina, building\non AmCoastal’s experience in coastal commercial property.\n\n“Receiving ACES’s Certificate of Authority is an important milestone for\nAmerican Coastal and marks the start of a bold new chapter for our\norganization’s long-term strategy,” said Brad Martz, President and Chief\nExecutive Officer. “With ACES, we can now serve a much wider range of\ncommercial property risks in markets we know well. We built this platform\nalong with our in-house managing general agency, Skyway Underwriters,\ncarefully and with purpose, and we’re excited to put it to work for our\nagents, policyholders, and shareholders.”\n\nACES expects to begin writing business on or about December 1, 2026, subject\nto customary regulatory, rating agency, and other operational requirements.\n\nAbout American Coastal Insurance Corporation:\nAmerican Coastal Insurance Corporation (amcoastal.com\n(https://www.globenewswire.com/Tracker?data=CQVGwQ_pHGlGO_Gu43bbyN7VT7GPo2M_NFN08rFYrq6M2FnG5HgWo4F2EhA7Dg8guWSWJb9YJh2tW83FmNj5JPqEABgM29P9EsBAVBuGeTQ=))\nis the holding company of the insurance carrier, American Coastal Insurance\nCompany, which was founded in 2007 for the purpose of insuring Condominium and\nHomeowner Association properties, Apartments and Assisted Living Facilities in\nthe state of Florida. American Coastal Insurance Company has an exclusive\npartnership for distribution of Condominium Association properties in the\nstate of Florida with AmRisc Group (amriscgroup.com\n(https://www.globenewswire.com/Tracker?data=bcTH08G-L4C5lUFz2d0yK3MkyrZ67ZG368vxuBfthjW0-GgReoTt5iFzu11HIFxgjbzoFgNLk_GQJUFUjfPP5PbcPEOVoLBI027MOwv9bjY=)),\none of the largest Managing General Agents in the country specializing in\nhurricane-exposed properties. American Coastal Insurance Company has earned an\n“A”, (“Exceptional”) Financial Stability Rating from Demotech and\nmaintains an “A” insurance financial strength rating with a Stable outlook\nfrom KBRA. ACIC maintains a “BBB” issuer rating with a Stable outlook from\nKBRA.\n\nContact Information:                \nAlexander Baty                \nVice President, Finance & Investor Relations, American Coastal Insurance\nCorporation\ninvestorrelations@amcoastal.com\n(727) 425-8076        \n\nGlen Akselrod\nPresident & Founder, Bristol Investor Relations\nga@bristolir.com\n(905) 326-1888\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/195a0489-6158-4c95-a4cd-808483b3501b)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX6bRcw7-20261008","title":"American Coastal Insurance Corporation Receives Certificate of Authority for ACES Specialty Insurance Company","author":"Globe Newswire","ticker":"ACIC","created":"2026-10-08T20:05:13.111Z","tickers":["ACIC"],"exchange":"NASDAQ","article_body":"ST. PETERSBURG, Fla., Oct. 08, 2026 (GLOBE NEWSWIRE) -- American Coastal\nInsurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American\nCoastal” or “ACIC”), the insurance holding company of American Coastal\nInsurance Company, today announced that its newly formed subsidiary, ACES\nSpecialty Insurance Company (“ACES”), has received a Certificate of\nAuthority from the Arizona Department of Insurance and Financial Institutions\nto transact excess and surplus (“E&S”) lines of insurance.\n\nThe Company initially plans to underwrite catastrophe exposed commercial E&S\nproperty business through ACES in Florida, Texas, and South Carolina, building\non AmCoastal’s experience in coastal commercial property.\n\n“Receiving ACES’s Certificate of Authority is an important milestone for\nAmerican Coastal and marks the start of a bold new chapter for our\norganization’s long-term strategy,” said Brad Martz, President and Chief\nExecutive Officer. “With ACES, we can now serve a much wider range of\ncommercial property risks in markets we know well. We built this platform\nalong with our in-house managing general agency, Skyway Underwriters,\ncarefully and with purpose, and we’re excited to put it to work for our\nagents, policyholders, and shareholders.”\n\nACES expects to begin writing business on or about December 1, 2026, subject\nto customary regulatory, rating agency, and other operational requirements.\n\nAbout American Coastal Insurance Corporation:\nAmerican Coastal Insurance Corporation (amcoastal.com\n(https://www.globenewswire.com/Tracker?data=CQVGwQ_pHGlGO_Gu43bbyN7VT7GPo2M_NFN08rFYrq6M2FnG5HgWo4F2EhA7Dg8guWSWJb9YJh2tW83FmNj5JPqEABgM29P9EsBAVBuGeTQ=))\nis the holding company of the insurance carrier, American Coastal Insurance\nCompany, which was founded in 2007 for the purpose of insuring Condominium and\nHomeowner Association properties, Apartments and Assisted Living Facilities in\nthe state of Florida. American Coastal Insurance Company has an exclusive\npartnership for distribution of Condominium Association properties in the\nstate of Florida with AmRisc Group (amriscgroup.com\n(https://www.globenewswire.com/Tracker?data=bcTH08G-L4C5lUFz2d0yK3MkyrZ67ZG368vxuBfthjW0-GgReoTt5iFzu11HIFxgjbzoFgNLk_GQJUFUjfPP5PbcPEOVoLBI027MOwv9bjY=)),\none of the largest Managing General Agents in the country specializing in\nhurricane-exposed properties. American Coastal Insurance Company has earned an\n“A”, (“Exceptional”) Financial Stability Rating from Demotech and\nmaintains an “A” insurance financial strength rating with a Stable outlook\nfrom KBRA. ACIC maintains a “BBB” issuer rating with a Stable outlook from\nKBRA.\n\nContact Information:                \nAlexander Baty                \nVice President, Finance & Investor Relations, American Coastal Insurance\nCorporation\ninvestorrelations@amcoastal.com\n(727) 425-8076        \n\nGlen Akselrod\nPresident & Founder, Bristol Investor Relations\nga@bristolir.com\n(905) 326-1888\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/195a0489-6158-4c95-a4cd-808483b3501b)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-08T20:05:13.153404949Z","server_sent_at_ms":1791489913153},"received_at":"2026-10-08T20:05:13.204Z","source_url":null},"analysis":{"id":"153231","press_release_id":"164823","analysis_json":{"industry":{"label":"Insurance","sector":"Financials"},"redFlags":["underwriting start subject to regulatory, rating agency, and operational requirements"],"eventType":"operations_update","narrative":"American Coastal's new subsidiary ACES Specialty Insurance Company received a Certificate of Authority from Arizona regulators to write excess and surplus lines insurance.\n\nACES will initially underwrite catastrophe-exposed commercial E&S property in Florida, Texas, and South Carolina, supported by in-house MGU Skyway Underwriters, with writing expected to begin around December 1, 2026.\n\nThe milestone expands ACIC's addressable commercial property market but is subject to remaining regulatory, rating agency, and operational requirements before any premium is written.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"ACIC clears regulatory hurdle for new E&S platform ACES, targeting cat-exposed commercial property in FL/TX/SC from December."},"keyFigures":{"customDimensions":{"lines":"excess and surplus (E&S) commercial property","initial_states":["Florida","Texas","South Carolina"],"underwriting_start":"on or about December 1, 2026"}},"quotedText":"Receiving ACES's Certificate of Authority is an important milestone for American Coastal and marks the start of a bold new chapter for our organization's long-term strategy","namedEntities":{"people":[{"name":"Brad Martz","role":"President and CEO"},{"name":"Alexander Baty","role":"VP, Finance & Investor Relations"},{"name":"Glen Akselrod","role":"President & Founder, Bristol Investor Relations"}],"products":["ACES excess and surplus lines insurance"],"companies":[{"name":"American Coastal Insurance Corporation","ticker":"ACIC","relationship":"filer/parent holding company"},{"name":"ACES Specialty Insurance Company","relationship":"newly formed subsidiary"},{"name":"American Coastal Insurance Company","relationship":"insurance carrier subsidiary"},{"name":"Skyway Underwriters","relationship":"in-house managing general agency"},{"name":"AmRisc Group","relationship":"distribution partner"},{"name":"Arizona Department of Insurance and Financial Institutions","relationship":"regulator"},{"name":"Demotech","relationship":"rating agency"},{"name":"KBRA","relationship":"rating agency"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"New E&S subsidiary received regulatory approval to write business, expanding addressable commercial property markets (FL, TX, SC). Meaningful strategic step but underwriting doesn't begin until ~Dec 1, 2026, with no financial figures attached."},"tickerRelevance":{"others":[],"primary":"ACIC"},"globalImportance":25,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap insurer","eventGravity":"regulatory approval for new E&S platform","timeToRevenue":"underwriting starts Dec 2026","financialQuantification":"none disclosed"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"American Coastal's new subsidiary ACES Specialty Insurance Company received a Certificate of Authority from Arizona regulators to write excess and surplus lines insurance.\n\nACES will initially underwrite catastrophe-exposed commercial E&S property in Florida, Texas, and South Carolina, supported by in-house MGU Skyway Underwriters, with writing expected to begin around December 1, 2026.\n\nThe milestone expands ACIC's addressable commercial property market but is subject to remaining regulatory, rating agency, and operational requirements before any premium is written.","key_figures":{"customDimensions":{"lines":"excess and surplus (E&S) commercial property","initial_states":["Florida","Texas","South Carolina"],"underwriting_start":"on or about December 1, 2026"}},"named_entities":{"people":[{"name":"Brad Martz","role":"President and CEO"},{"name":"Alexander Baty","role":"VP, Finance & Investor Relations"},{"name":"Glen Akselrod","role":"President & Founder, Bristol Investor Relations"}],"products":["ACES excess and surplus lines insurance"],"companies":[{"name":"American Coastal Insurance Corporation","ticker":"ACIC","relationship":"filer/parent holding company"},{"name":"ACES Specialty Insurance Company","relationship":"newly formed subsidiary"},{"name":"American Coastal Insurance Company","relationship":"insurance carrier subsidiary"},{"name":"Skyway Underwriters","relationship":"in-house managing general agency"},{"name":"AmRisc Group","relationship":"distribution partner"},{"name":"Arizona Department of Insurance and Financial Institutions","relationship":"regulator"},{"name":"Demotech","relationship":"rating agency"},{"name":"KBRA","relationship":"rating agency"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-08T20:05:21.401Z","global_importance":25,"audience_relevance":25,"importance_components":{"tickerTier":"small-cap insurer","eventGravity":"regulatory approval for new E&S platform","timeToRevenue":"underwriting starts Dec 2026","financialQuantification":"none disclosed"}},"durationMs":5640,"modelName":"glm-5.3-flashx"}}