Kingstone Stock Price, News & Analysis

Kingstone Companies (Nasdaq:KINS), a Northeast regional property and casualty insurance holding company, held its 2025 annual stockholders meeting where several key proposals were approved. Stockholders elected six directors for one-year terms and ratified CBIZ CPAs P.C. as the independent auditor for fiscal year 2025.

Notable board changes include the departure of Carla D'Andre and Timothy McFadden, while Pranav Pasricha joins as a new director. Pasricha brings significant insurance technology experience as CEO of BluePond.Ai and former Global Head of P&C Solutions at Swiss Re. Stockholders also approved the company's executive compensation and established an annual frequency for future advisory votes on executive compensation.

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Kingstone Companies (Nasdaq:KINS), a Northeast regional property and casualty insurance holding company, has appointed Randy L. Patten as Chief Financial Officer, effective August 25, 2025.

Patten joins from NEXT Insurance, where he served as Vice President, Chief Accounting Officer, and Treasurer, playing a key role in the company's $2.6 billion acquisition by ERGO Group AG. His extensive experience includes nearly a decade at United Fire Group (NASDAQ: UFCS) and 15 years at Transamerica Life Insurance Company/AEGON USA.

In his new role, Patten will lead Kingstone's finance organization, overseeing GAAP and Statutory accounting, financial planning, capital management, SEC compliance, investor relations, and treasury functions.

Kingstone Companies (NASDAQ:KINS), a Northeast regional property and casualty insurance holding company, has announced the reinstatement of its quarterly cash dividend after a nearly three-year pause. The company will pay a dividend of $0.05 per share on August 26, 2025, to stockholders of record as of August 11, 2025.

CEO Meryl Golden highlighted that the dividend reinstatement reflects strong financial performance, driven by robust underwriting results and consistent operational cash flows over the past two years. The company has successfully executed its financial recovery plan, including early debt repayment, positioning Kingstone in its strongest financial state since 2021.

Kingstone Companies (Nasdaq:KINS), a Northeast regional property and casualty insurance holding company, has announced key upcoming investor events. The company will hold its 2025 Annual Meeting of Stockholders virtually on Wednesday, August 6, 2025, at 9:00 AM ET.

Additionally, Kingstone will release its second quarter 2025 financial results on Thursday, August 7, 2025, after market close, followed by a conference call on Friday, August 8, 2025, at 8:30 AM ET to discuss business operations and financial performance.

Kingstone Companies (NASDAQ:KINS), a Northeast regional property and casualty insurance holding company, has announced its inclusion in the Russell 3000® Index and Russell 2000® Index, effective June 30, 2025. This addition comes as part of the 2025 Russell indexes reconstitution.

According to CEO Meryl Golden, the inclusion reflects Kingstone's transformational year marked by significant growth and top-tier underwriting results. The Russell indexes are widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against the Russell US indexes as of June 2024.

Kingstone Companies (NASDAQ:KINS) has successfully finalized its catastrophe reinsurance program for July 2025-June 2026. The company increased its catastrophe reinsurance limit by 57% ($160 million) to $440 million, including $125 million in multi-year protection through their first catastrophe bond, 1886 Re Ltd. Despite the significant coverage increase, the overall cost rose by only 10%. The catastrophe program cost represents 12% of projected direct premiums earned, down from 13% in the previous period. The favorable terms will positively impact projected diluted EPS by $0.11 for July-December 2025, with similar benefits expected for the remainder of the treaty. The program received support from over 25 reinsurance partners.

Kingstone Companies (NASDAQ:KINS) has successfully issued its first catastrophe bond worth $125 million through its subsidiary, Kingstone Insurance Company. The Series 2025-1 notes were issued via Bermuda-registered 1886 Re Ltd., priced at 4.5%, providing collateralized reinsurance protection. The notes offer multi-year protection against named storm events across five Northeast states (NY, NJ, CT, MA, RI) from July 1, 2025, through June 30, 2029. This strategic move enhances Kingstone's access to diversified capital while securing additional multi-year reinsurance capacity and managing protection costs. The catastrophe bond was structured and placed by Aon Securities LLC.

Kingstone Companies (NASDAQ:KINS) reported strong Q1 2025 financial results, marking its sixth consecutive profitable quarter. The company achieved net income of $3.88 million, a 172.1% increase from Q1 2024, with diluted EPS of $0.27. Core business direct premiums written grew 22.7% to $57.2 million, driven by favorable market conditions in Downstate New York.

The company maintained a solid net combined ratio of 93.7%, slightly up by 0.4 points year-over-year. Catastrophe losses were 3.5 percentage points lower than the previous year due to mild winter conditions. Kingstone reaffirmed its 2025 guidance, projecting core business premium growth of 15-25%, a net combined ratio of 81-85%, and basic EPS of $1.90-$2.30.

Kingstone Companies (NASDAQ:KINS), a Northeast regional property and casualty insurance holding company, has announced it will release its first quarter 2025 financial results after market close on Thursday, May 8, 2025.

The company will host a conference call to discuss business operations and financial results on Friday, May 9, 2025, at 8:30 am ET. Investors can join via phone using U.S. toll-free number 1-877-423-9820 or international number 1-201-493-6749. A webcast will be available on the company's investor relations website, with replay access for approximately 30 days after the call.