Welcome to our dedicated page for Kingstone news (Ticker: KINS), a resource for investors and traders seeking the latest updates and insights on Kingstone stock.
Kingstone Companies, Inc. (NASDAQ: KINS) is a Northeast regional property and casualty insurance holding company whose principal operating subsidiary is Kingstone Insurance Company ("KICO"), a New York-domiciled carrier. News about Kingstone frequently centers on its homeowners insurance focus in New York and other licensed Northeast states, as well as its financial performance and capital management decisions.
Visitors to this news page can review press releases covering quarterly and year-to-date results, including disclosures on direct premiums written, net premiums earned, net combined ratio, underwriting performance and net income. Kingstone also reports on non-GAAP measures such as adjusted EBITDA and operating net income, providing definitions and reconciliations in its releases.
The company regularly announces financial guidance for upcoming fiscal years, outlining expectations for direct premiums written growth, net combined ratio, net income per share and return on equity, together with forward-looking statements and risk factor references. Other recurring topics include dividend declarations, such as the reinstatement and continuation of quarterly cash dividends on common stock, and reinsurance program updates, including catastrophe reinsurance arrangements for specified treaty periods.
Corporate governance and capital markets developments also feature in Kingstone’s news flow. Items may include index inclusions such as membership in the Russell 3000 and Russell 2000 indices, scheduling of annual meetings of stockholders, results of shareholder votes, and changes in board or executive leadership. Earnings conference call announcements and related investor presentations are typically referenced, with details on how investors can access webcasts and materials.
For investors and observers following KINS, this page provides a centralized view of the company’s official communications on operating trends, strategic priorities, risk considerations and shareholder-related actions as disclosed in its press releases.
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) 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.
Kingstone Companies (NASDAQ:KINS) has announced that its subsidiary, Kingstone Insurance Company, will offer replacement policies to selected Homeowners policyholders in Downstate New York as AmGUARD Insurance Company exits the admitted personal lines business. The transaction involves approximately $70 million in written premium and is pending approval from the New York Department of Financial Services.
The policy transitions are scheduled to begin in the third quarter of 2025. Kingstone will streamline the process by providing quotes for eligible policyholders directly to producers. The company, which was the 12th largest writer of homeowners insurance in New York in 2024, aims to ensure a smooth transition for brokers and policyholders.
Kingstone Companies (NASDAQ:KINS), a Northeast regional property and casualty insurance holding company, has announced a strategic partnership with Kyber Technologies to implement AI-enabled claims correspondence automation. The collaboration aims to enhance the efficiency of Kingstone's claims processing system.
Through Kyber's AI technology, Kingstone's Claims Specialists will be able to instantly draft, review, and send claims communications, streamlining administrative tasks and improving customer service delivery. The partnership focuses on managing complex state-specific templates and ensuring compliance across all lines of business.