ACIC

American Coastal Insurance Corporation Announces the Sale of Interboro Insurance Company to Forza Insurance Holdings, LLC

Retrieved on: 
Thursday, May 9, 2024
Professional Services, Insurance, Finance, Policy, Martha Plimpton, Partnership, Acquisition, Financial services, DeBevoise, ACIC

American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance Company (“Interboro”), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC (“Forza”) in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro.

Key Points: 
  • American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance Company (“Interboro”), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC (“Forza”) in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro.
  • Concurrently, Interboro and SageSure entered into a Program Administrator Agreement and a Claims Services Agreement on May 9, 2024.
  • Under the terms of these service agreements, SageSure will provide policy administration, underwriting and claims administration services on behalf of Interboro.
  • “We are excited to partner with Interboro and grow our Forza partnership.”
    Raymond James & Associates acted as exclusive financial advisor to American Coastal.

American Coastal Insurance Corporation Schedules First Quarter 2024 Financial Results and Conference Call

Retrieved on: 
Thursday, April 25, 2024
Insurance, Professional Services, Conference, Webcast, ACIC, Interest, Q&A

American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m.

Key Points: 
  • American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m.
  • The conference call will include live remarks followed by a question and answer (Q&A) session.
  • Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is scheduled to begin.
  • First Quarter 2024 Conference Call Details:
    To listen to the conference call via webcast, please visit the Company website and click on the webcast link at the top of the page or click here .

American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2023 Financial Results and Conference Call

Retrieved on: 
Thursday, February 15, 2024
Insurance, Professional Services, Interest, Quarter, Q&A, Conference, Webcast, ACIC

American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the fourth quarter and full year ended December 31, 2023, on Thursday, February 29, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m.

Key Points: 
  • American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the fourth quarter and full year ended December 31, 2023, on Thursday, February 29, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m.
  • The conference call will include live remarks followed by a question and answer (Q&A) session.
  • Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is scheduled to begin.
  • Fourth Quarter and Full Year 2023 Conference Call Details:
    To listen to the conference call via webcast, please visit the Company website and click on the webcast link at the top of the page or click here .

American Coastal Insurance Corporation Announces Leadership Changes

Retrieved on: 
Thursday, January 18, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Insurance, JD, Bachelor, Forecasting, Partner, CPA, ACIC, Risk management, Internal audit, Mathematics, Enterprise risk management, MPA, Audit committee, Management

American Coastal Insurance Corporation (Nasdaq: ACIC) (“the Company, “American Coastal”, or “ACIC”) a property and casualty insurance holding company, today announced changes to its executive leadership team.

Key Points: 
  • American Coastal Insurance Corporation (Nasdaq: ACIC) (“the Company, “American Coastal”, or “ACIC”) a property and casualty insurance holding company, today announced changes to its executive leadership team.
  • Ms. Castle will be joining as a member of ACIC’s executive team and report directly to ACIC President, B. Bradford Martz.
  • Mr. Gray, with extensive experience in tax, accounting, and internal audit, joined the Company in 2017, after the Company’s merger with American Coastal Insurance Company, and has held various roles within the organization.
  • Prior to joining American Coastal, he served as a Partner with Thomas Howell Ferguson, a regional accounting firm, from 1993 until 2015, specializing in insurance.

World Renowned Banking and Financial Restructuring Team Joins Greenberg Traurig

Retrieved on: 
Monday, December 18, 2023
University School, Lisp (programming language), England and Wales, Trustee, Brooklyn Law School, Real estate, Winston & Strawn, Skidmore College, LL.M, Student, LLP, American Bankers Association, Das, SOAS, CLO, OPM, Education, Harvard Business School, Columbia University, Lawyer, Annual general meeting, Greenberg Traurig, Lincoln, ACIC, Binghamton University, American College, Finance, Transport, Seward & Kissel, Barnard College, University of London, Financial services

NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein. They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice. He will be based in the New York, London, and Bridgehampton offices. Calay and Silverstein, also previously at Seward & Kissel for more than two decades, will be based in New York. They join as shareholders.

Key Points: 
  • NEW YORK, Dec. 18, 2023 /PRNewswire-PRWeb/ -- Leading banking, finance, and restructuring lawyer Kalyan "Kal" Das joined Greenberg Traurig, LLP along with Sharan Calay and Andrew Silverstein .
  • They join from Seward & Kissel, where Das has spent over three decades and was head of its Global Bank and Institutional Finance & Restructuring Practice.
  • We have known the lawyers at Greenberg Traurig for quite some time and our clients will benefit by working with the talented global team, leveraging the firm's resources around the world," Das said.
  • She represents clients from various industries such as banks, financial institutions, and businesses in both domestic and cross-border financing transactions.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of American Coastal Insurance Corporation - ACIC

Retrieved on: 
Tuesday, November 14, 2023
LLP, Bank statement, ACI, ACIC, News, Pomerantz

NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation (“ACI” or the “Company”) (NASDAQ: ACIC).

Key Points: 
  • NEW YORK, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation (“ACI” or the “Company”) (NASDAQ: ACIC).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether ACI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of American Coastal Insurance Corporation - ACIC

Retrieved on: 
Sunday, November 5, 2023
ACIC, News, Bank statement, Pomerantz, LLP, ACI, Private investigator

NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation (“ACI” or the “Company”) (NASDAQ: ACIC).

Key Points: 
  • NEW YORK, Nov. 05, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation (“ACI” or the “Company”) (NASDAQ: ACIC).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether ACI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of American Coastal Insurance Corporation - ACIC

Retrieved on: 
Friday, October 27, 2023
ACIC, News, Bank statement, Pomerantz, LLP, ACI, Private investigator

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation (“ACI” or the “Company”) (NASDAQ: ACIC).

Key Points: 
  • NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation (“ACI” or the “Company”) (NASDAQ: ACIC).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • The investigation concerns whether ACI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

AM Best Affirms Credit Ratings of Ameriprise Financial, Inc. and Its Subsidiaries

Retrieved on: 
Friday, November 3, 2023
Insurance, Professional Services, ACIC, Policy, Long-Term Capital Management, AM Best, NYSE, AMP, Life, Credit, News, AM, RiverSource, FSR, Risk management, ERM, Superior, Investment, ALL, Security (finance), Ameriprise Financial

These companies represent the key life/health (L/H) insurance subsidiaries of Ameriprise Financial, Inc. (Ameriprise) (headquartered in Minneapolis, MN) [NYSE: AMP] and are collectively known as Ameriprise Financial Group.

Key Points: 
  • These companies represent the key life/health (L/H) insurance subsidiaries of Ameriprise Financial, Inc. (Ameriprise) (headquartered in Minneapolis, MN) [NYSE: AMP] and are collectively known as Ameriprise Financial Group.
  • In addition, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) and the existing Long-Term Issue Credit Ratings (Long-Term IRs) of Ameriprise.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

American Coastal Insurance Corporation Schedules Third Quarter 2023 Financial Results and Conference Call

Retrieved on: 
Monday, October 30, 2023
Insurance, Professional Services, ACIC, Q&A, Interest, Conference, Risk management

American Coastal Insurance Corporation (NASDAQ: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for third quarter ended September 30, 2023, on Monday, November 13, 2023, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m.

Key Points: 
  • American Coastal Insurance Corporation (NASDAQ: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for third quarter ended September 30, 2023, on Monday, November 13, 2023, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m.
  • The conference call will include live remarks followed by a question and answer (Q&A) session.
  • Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is scheduled to begin.
  • Third Quarter 2023 Conference Call Details: