United Insurance Holdings Corp. (UIHC) Announces Name and Ticker Change to American Coastal Insurance Corporation (ACIC)
2023年7月28日 - 5:15AM
ビジネスワイヤ(英語)
Schedules Second Quarter 2023 Financial
Results and Conference Call
United Insurance Holdings Corp. (Nasdaq: UIHC), the
insurance holding company of American Coastal Insurance Company
(“AmCoastal”), announced today that it has changed its corporate
name to ‘American Coastal Insurance Corporation’ (“the Company”
“American Coastal” or “ACIC”). The Company will begin trading on
NASDAQ under the ticker symbol ‘ACIC’, prior to market open on
August 15, 2023.
The new ticker replaces the current ticker symbol ‘UIHC,’ which
has been used since the Company’s formation and initial public
offering on the over-the-counter (OTC) market in 2007, and
subsequent listing on The Nasdaq Capital Market in 2012. The
rebranding follows the expanded emphasis on AmCoastal’s commercial
residential business and marks the evolution of its business.
"This year has been transformational for our company, employees
and the customers we serve,” said Mr. R. Daniel Peed, Chairman of
the Board and Chief Executive Officer. “The rebranding honors the
heritage and credibility of AmCoastal throughout our overall
mission and values. AmCoastal is a leader in the industry with the
number one market share in Florida commercial residential
condominium associations. With our deep underwriting experience and
expertise in this niche market, we believe we are well-positioned
to drive continued profitable operations.”
He continued, “We are excited to continue the momentum generated
by AmCoastal’s year-to-date performance. Our goal is to create a
cohesive identity across our companies that represents and honors
our hard work and resiliency. We are confident in our long-term
outlook and our ability to continue the profitability we have seen
since the inception of AmCoastal in 2007.”
Second Quarter 2023 Conference Call Details: American
Coastal Insurance Corporation will release its financial results
for second quarter ended June 30, 2023, on Thursday, August 10,
2023, after the close of the market, and will conduct its quarterly
conference call at 5:00 p.m. ET. Interested parties are invited to
participate in the conference call and should dial-in 10 minutes
before the conference call is scheduled to begin.
Participant Dial-In Numbers:
United States:
877-445-9755
International:
201-493-6744
To listen to the live webcast, please visit the Company website
and click on the webcast link at the top of the page or click here.
The webcast will be archived and accessible for approximately 30
days following the call.
About American Coastal Insurance Corporation: American
Coastal Insurance Corporation (amcoastal.com) is the holding
company of the insurance carrier, American Coastal Insurance
Company, which was founded in 2007 for the purpose of insuring
Condominium and Homeowner Association properties, and apartments in
the state of Florida. American Coastal Insurance Company has an
exclusive partnership for distribution of Condominium Association
properties in the state of Florida with AmRisc Group
(amriscgroup.com), a subsidiary of Truist Insurance Holdings, one
of the largest Managing General Agents in the country specializing
in hurricane-exposed properties. American Coastal Insurance Company
has earned a Financial Stability Rating of ‘A, Exceptional’ from
Demotech.
American Coastal Insurance Corporation’s portfolio of
investments also includes Interboro Insurance Company, a New York
domiciled personal lines carrier founded in 1914.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230727933626/en/
Alexander Baty Director of Financial Reporting, American Coastal
Insurance Corp. abaty@amcoastal.com (727) 895-7737
Karin Daly Investor Relations, Vice President, The Equity Group
kdaly@equityny.com (212) 836-9623
United Insurance (NASDAQ:UIHC)
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United Insurance (NASDAQ:UIHC)
過去 株価チャート
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