American Coastal Insurance Corp traded at $11.07 this Wednesday October 21st, decreasing $0.14 or 1.25 percent since the previous trading session. Looking back, over the last four weeks, American Coastal Insurance lost 20.20 percent. Over the last 12 months, its price fell by 7.21 percent. Looking ahead, we forecast American Coastal Insurance Corp to be priced at 10.87 by the end of this quarter and at 10.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential personal and commercial property and casualty insurance policies using a network of agents. The Company's other subsidiaries include United Insurance Management, L.C. (UIM), is a managing general agent that manages substantially all aspects; Skyway Claims Services, LLC, which provides claims adjusting services; BlueLine Cayman Holdings (BlueLine), which reinsures portfolios of excess and surplus policies; Skyway Reinsurance Services, LLC, which provides reinsurance brokerage services for its insurance companies, and Skyway Legal Services, LLC, which provides claims litigation services to insurance companies. The Company's primary products are homeowners' and commercial residential property insurance. In addition, the Company writes commercial residential insurance in three states Florida, South Carolina, and Texas.