American Integrity Insurance Group, Inc. (NYSE: AII) announced on January 5, 2026 that it will begin offering homeowners insurance in North Carolina, adding the state to its existing footprint in Florida, Georgia, and South Carolina.
The move is part of the company’s strategy to become a Southeast regional insurer. AII said the North Carolina market offers a regulatory environment that aligns with its disciplined underwriting philosophy and a robust independent‑agency distribution network that can accelerate penetration.
AII’s leadership highlighted that the company’s reinsurance program and proven underwriting systems are well suited to North Carolina’s risk profile. President Jon Ritchie noted that the state’s stable regulatory framework and established risk characteristics make it an attractive next step in the company’s growth plan.
The expansion follows AII’s successful initial public offering in May 2025, which provided capital to fund geographic growth. The company’s financial health is underscored by a market capitalization of $395 million, a current ratio of 1.53, and a low P/E ratio of 0.67, indicating potential undervaluation.
While the announcement does not include immediate operational metrics, it signals a strategic shift toward broader regional presence. By diversifying beyond its core markets, AII aims to tap a new pool of residential customers and strengthen its competitive position in the Southeast.
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