American Coastal Insurance jumps after declaring special cash dividend
** Shares of property and casualty insurer American Coastal Insurance ACIC.O jump as much as 13.6%; last up 7.8% at $14.31
** ACIC declares special cash dividend of 50 cents/shr payable on Jan. 10 to shareholders
** Meanwhile, ACIC forecasts 2025 net premiums earned to be between $290 mln and $320 mln, compared with Wall Street expectations of $319.4 mln - LSEG data
** As of last close, ACIC shares up 40.3% YTD
Reporting by Arasu Kannagi Basil in Bengaluru
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