American Coastal Insurance Endorses Incentive Plan and Elects Directors

An update from American Coastal Insurance (ACIC) is now available.

At American Coastal Insurance Corporation’s 2024 Annual Meeting, stockholders approved the Amended and Restated 2020 Omnibus Incentive Plan, aimed at attracting and motivating key personnel while enhancing stockholder value. The Plan, now endorsed by the Board and stockholders, allows for up to 4 million shares to be issued for various stock-based incentives. Additionally, stockholders elected five Class B directors and ratified the appointment of Deloitte & Touche, LLP as the independent auditor, reflecting strong shareholder participation and overall support for the Company’s strategic initiatives.

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