American Coastal Insurance

St. Petersburg, Florida
Insurance

Corporate Bias Rating

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Risk Level:

Rating - Caution
Medium Risk

Summary:

American Coastal Insurance Corporation is Medium Risk. The company often yields to political activism in shaping corporate governance, potentially alienating consumers, dividing employees, and harming shareholders. The company elevates merit, excellence, and integrity ahead of race and identity-based policies. American Coastal Insurance occasionally embraces corporate initiatives that redirect its central focus from business goals to partisan policies and divisive issues at times. This approach fails to safeguard free exercise, free speech, and free enterprise.

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Criteria
Risk Level
Rationale
Corporate Weaponization
Criteria

Has canceled customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.

Risk Level
Rationale

American Coastal Insurance integrates ESG into its business practices. “Our investment process will continue to include oversight from the Investment Committee of the Board of Directors, but Management will incorporate ESG considerations into investment analysis and asset allocation recommendations made internally as well as by outside investment managers” (1). However, the company has not canceled customers, suppliers, or vendors based on political views or religious beliefs (2).

Criteria

Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.

Risk Level
Rationale

American Coastal Insurance does not appear to discriminate against charitable organizations based on views or beliefs (1)(2).

Criteria

Employment policies fail to protect against viewpoint or other discrimination and/or are ideological in nature.

Risk Level
Rationale

American Coastal Insurance does not provide viewpoint protections for its employees (1).

Corporate Governance and Public Policy
Criteria

Uses corporate reputation to support causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

American Coastal Insurance is committed to net zero carbon emissions by 2030 (1). The company supports DEI within its business practices. From its 2021 Sustainability & Responsibility Report: “By embracing the principles of Diversity, Equity and Inclusion (DEI) in the workplace, UPC Insurance will ultimately have a greater understanding of customer needs and preferences which should lead to a sustainable competitive advantage” (2). The company supports ESG within its business practices. From its 2024 Annual Report: “In addition to our cultural goals, we are committed to conducting business in a manner that supports environmental, social, and governance (ESG) matters” (3).

Criteria

Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.

Risk Level
Rationale

American Coastal Insurance has not used corporate funds to advance ideological causes, organizations, or policies (1).

Criteria

Uses corporate political actions and/or financial contributions for ideological, non-business purposes.

Risk Level
N/A
Rationale

American Coastal Insurance does not operate a PAC or engage in lobbying at this time (1)(2)(3).

Board Bias

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1792 Exchange has not yet compiled data about the board of directors or political contributions of leadership for this company.

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