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ACIC| Name | Value |
|---|---|
| Revenues | 79.3M |
| Cost of Revenue | 0.0M |
| Gross Profit | 79.3M |
| Operating Expense | -62.6M |
| Operating I/L | 16.7M |
| Other Income/Expense | -43.0M |
| Interest Income | 2.7M |
| Pretax | 21.1M |
| Income Tax Expense | -1.5M |
| Net Income/Loss | 17.8M |
American Coastal Insurance Corporation is a property and casualty insurance holding company that specializes in sourcing, underwriting, and servicing residential personal and commercial property, and casualty insurance policies in the United States. The company offers a range of coverage including structure, content, and liability for standard single-family homeowners, renters, and condominium unit owners, as well as commercial multi-peril property insurance for residential condominium associations and apartments. Additionally, they provide policies for equipment breakdown, identity theft, cyber security, and flood insurance. The company distributes its products through independent agencies, generating revenue through policy premiums and underwriting profits.
