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April 1, 2025
TransactionACIC Completes Sale of Interboro Insurance Company to Forza Insurance Holdings
Interboro Insurance Company sold for $25.7 million, completing the exit from personal lines.
American Coastal Insurance Corporation completed the sale of Interboro Insurance Company to Forza Insurance Holdings, LLC on April 1, 2025 for $25.7 million in cash, completing the group's exit from personal lines property insurance.
The transaction was disclosed in the Form 8-K filed April 1, 2025.
