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Statutory Accounting and Regulation (Tables)
3 Months Ended
Mar. 31, 2026
Insurance [Abstract]  
Schedule of Statutory Accounting and Regulation

The Company's insurance subsidiary must file with the various insurance regulatory authorities an “Annual Statement” which reports, among other items, statutory net income and surplus as regards policyholders, which is called stockholders' equity under GAAP. The table below details the statutory net income for the three months ended March 31, 2026 and 2025 for AmCoastal.

 

 

Three Months Ended March 31,

 

 

2026

 

 

2025

 

Net Income

$

20,324

 

 

$

18,292

 

 

The Company's insurance subsidiary must maintain capital and surplus ratios or balances as determined by the regulatory authority of the state in which it is domiciled. At March 31, 2026, the Company met these requirements. The table below details the amount of surplus as regards policyholders for AmCoastal at March 31, 2026 and December 31, 2025.

 

 

 

March 31, 2026

 

 

December 31, 2025

 

Surplus as regards policyholders

 

$

336,014

 

 

$

316,594