The Company evaluates all subsequent events and transactions for potential recognition or disclosure in its financial statements.

On July 21, 2026, Kroll Bond Rating Agency ("KBRA") upgraded the insurance financial strength rating of AmCoastal to A from A-. KBRA also upgraded the Company's issuer and debt ratings to BBB from BBB-. The outlook for all ratings has been changed to Stable from Positive.

On July 21, 2026, the Board of Directors authorized up to an additional $25 million of repurchases of the Company's common stock. This additional authorization brings the total authorization under the previously announced stock repurchase plan to $50 million, with $30.6 million available as of August, 6, 2026, the date of this filing.

Effective August 1, 2026, the Company purchased additional reinsurance coverage, lowering the Company's first event retention from $49 million to $23.5 million. Subsequent event retentions were unchanged.