美国海岸保险公司2025年季度报告

ORTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ________ to ________ Commission File Number001-35761____________________American Coastal Insurance Corporation (Exact Name of Registrant as Specified in its Charter) 570 Carillon Parkway, Suite 100 Florida(Address of Principle Executive Offices) 727-633-0851 Indicate by check mark whether the registrant has submitted electronically everyInteractive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.Large accelerated filer☐Accelerated filer☑Emerging growth company complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.£Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No R Item 1. Financial StatementsCondensed Consolidated Balance Sheets (Unaudited)Condensed Consolidated Statements of Comprehensive Income (Unaudited) PART II. OTHER INFORMATIONItem 1. Legal ProceedingsItem 1A. Risk Factors estimated unpaid losses on insurance policies, investment returns, and diversification and expectations about our liquidity, our ability tomeet our investment objectives, our ability to manage and mitigate market risk with respect to our investments and our ability to continueas a going concern. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “endeavor,” “project,”“believe,” “plan,” “anticipate,” “intend,” “could,” “would,” “estimate,” or “continue” or the negative variations thereof or comparableterminology are intended to identify forward-looking statements. These statements are based on current expectations, estimates andprojections about the industry and market in which we operate, and management's beliefs and assumptions. Forward-looking statementsare not guarantees of future performance and involve certain known and unknown risks and uncertainties that could cause actual results todiffer materially from those expressed or implied by such statements. The risks and uncertainties include, without limitation: •our ability to implement and maintain adequate internal controls over financial reporting;•our ability to maintain information technology and data security systems, and to outsource relationships;•our reliance on key vendor relationships, and the ability of our vendors to protect the personally identifiable information of ourcustomers, claimants or employees;•our ability to attract and retain the services of senior management;•risks and uncertainties relating to our mergers, dispositions and other strategic transactions;•risks associated with investments in which we share ownership or management with third parties;•our ability to generate sufficient cash to service all of our indebtedness and comply with covenants and other requirements relatedto our indebtedness;•our ability to maintain our market share;•changes in the regulatory environment present in the states in which we operate;•the impact of newfederal orstate regulations that affect the insurance industry;•the cost, viability and availability of reinsurance;•our ability to collect from our reinsurers or others on our reinsurance claims;•our ability to accurately price risks we underwrite and apply loss limitation methods;•our ability to pay claims accurately and timely;•dependence on investment income and the composition of our investment portfolio and related market risks;•the possibility of the pricing and terms for our products to decline due to the historically cyclical nature of the property andcasualty insurance and reinsurance industry;•the outcome of litigation pending against us, including the terms of any settlements;•downgrades in our financial strength or stability ratings;•the impact of future transactions of substantial amounts of our common stock by us or our significant stockholders on our stockprice;•our ability to meet the standards for continued listing on Nasdaq;•our ability to pay dividends in the future, which may be constrained by our holding company structure;•the ability of our subsidiaries to pay dividends in the future, which may affect our liquidity and our ability to meet our obligations;•the ability of R. Daniel Peed and his affiliates to exert significant control over us due to substantial ownership of our commonstock, subject to certain restrictive covenants that may restrict our ability to pursue certain opportunities;•the impact of transactions by R. Daniel Peed and his affiliates on the price of our common stock;•provisions in our charter documents that may make it harder for others to obtain control of us