American Coastal Insurance Corporation Announces Restructured Exclusive Managing Agency Agreement with AmRisc, LLC

American Coastal's carrier subsidiary AmCoastal and AmRisc, LLC restructured their exclusive managing agency agreement effective July 1, 2026, removing the fixed expiration date that had been set for January 1, 2029. The agreement now runs in successive one-year terms that automatically renew, and either party must give 48 months' advance written notice to terminate for convenience — keeping it in force at least four years after any such notice. AmRisc has been AmCoastal's exclusive distribution and underwriting partner since 2007, sourcing the Florida commercial-residential portfolio and partnering on the excess and surplus lines book, and has been profitable every year since inception.

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