American Coastal Insurance Secures Certificate of Authority for New Specialty Insurance Unit
MT newswire2026/10/08 21:4705:47 PM EDT, 10/08/2026 (MT Newswires) -- American Coastal Insurance (ACIC) said late Thursday its newly formed unit, ACES Specialty Insurance, has received a certificate of authority from the Arizona Department of Insurance and Financial Institutions to transact excess and surplus lines of insurance. The company initially intends to underwrite catastrophe-exposed commercial E&S property business through the subsidiary in Florida, Texas, and South Carolina, according to a statement. The subsidiary expects to start writing business on or about Dec. 1, 2026, subject to customary regulatory, rating agency, and other operational requirements, the company said.
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