American Integrity Insurance Reports Record Performance in Q2 2026

American Integrity Insurance Group has reported its most successful quarterly underwriting performance for the period ending June 30, with a remarkable combined ratio of 63.4%, significantly better than the previous year's 72.9%.

The Tampa-based residential property insurer achieved a gross premiums written figure of $326.6 million, marking a considerable 14% increase year-over-year. Additionally, the company set a new quarterly record in pre-tax income with $46.4 million. This stellar performance is particularly noteworthy in Florida, a state often plagued by insurance market volatility. CEO Robert Ritchie commended strategic growth initiatives and Florida's legislative reforms as key contributors to this success. "We believe we are operating from a position of considerable strength and momentum," stated Ritchie.

Factors Behind the Financial Success

Two main factors fueled American Integrity's outstanding performance. First, Florida's recent litigation reforms significantly reduced claims disputes and associated costs. According to the Florida Office of Insurance Regulation's 2026 report, Florida's share of nationwide homeowners insurance lawsuits dropped drastically from 79% in 2020 to 41% in 2025. Additionally, the pooled combined ratio for domestic property insurers in Florida reached an impressive 83% in 2025, the lowest in over a decade.

Second, American Integrity benefited from decreased reinsurance costs. On June 1, the company renewed its catastrophe excess of loss program and secured risk-adjusted rate decreases ranging from 15% to 20%. They also reduced their aggregate retention from $95 million to $75 million and cut the non-catastrophe quota share from 40% to 25%, starting January 2026. Consequently, ceded premiums earned fell, while net premiums earned soared by 58.2% to $104.7 million.

A Revitalized Florida Insurance Market

American Integrity's success reflects broader positive trends in Florida's insurance market. The insurer saw a record increase in new voluntary business policies, selling 43,000 in the quarter—a 54% rise from Q2 2025. Total policies in force hit 461,714 by June 30, indicating a healthy 15.7% year-over-year growth, with in-force premium exceeding $1 billion. Growth was notable in historically challenging markets such as the Tri-County area in South Florida, where new voluntary policies surged from 185 to 7,636 in one year.

Additionally, the insurer's strategy was evidenced by a selective approach in assuming only 81 policies from Citizens Property Insurance Corporation, emphasizing careful underwriting and profitability criteria.

Implications for Insurance Professionals

The trends in Florida's insurance market present both opportunities and challenges for insurance professionals. While legislative reforms have created a more stable environment, the state's homeowners insurance premiums remain among the highest in the nation, at an average exceeding $3,700. This is despite declining rates across numerous counties. Any further improvement will likely be contingent upon future weather events, as 2025's favorable conditions provided a respite from catastrophic losses.

This report's insights are crucial for brokers handling Florida residential portfolios, as they signal increasing carrier interest, reduced reinsurance expenses, and a revitalized voluntary market capacity. As these trends evolve, professionals should remain vigilant, monitoring legislative developments and market shifts to capitalize on the changing landscape.