Kingstone Launches in Massachusetts
Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a multi-line property and casualty
insurance holding company, today announced that, on June 15th, Kingstone Insurance Company (“KICO”), its wholly-owned AM
Best “A-Excellent” rated subsidiary, launched a new and innovative homeowner product in Massachusetts.
Kingstone continues on its path to becoming a northeast regional underwriter, distributing its products exclusively through
independent agents. “KICO’s new homeowner product can be tailored to meet our clients’ coverage needs and lifestyle changes.
Our core company values and reputation for excellence continues to pave the way as we open in new expansion states,“ said David
Delaney, SVP and Head of Business Development. “We look forward to adding Personal and Commercial products in the future, bringing
to the neighborhood agencies of Massachusetts what is enjoyed by KICO’s agents today,” Mr. Delaney added.
Massachusetts is the third new state into which KICO has expanded in the last 13 months. KICO began writing in New Jersey in May
of 2017 and Rhode Island that December. KICO’s website is www.KingstoneInsurance.com.
About Kingstone Companies, Inc.
Kingstone is a property and casualty insurance holding company whose principal operating subsidiary, Kingstone Insurance
Company, is domiciled in the State of New York. Kingstone is a multi-line property and casualty insurance company writing business
exclusively through independent retail and wholesale agents and brokers. Kingstone is licensed to write insurance policies in New
York, New Jersey, Pennsylvania, Connecticut, Massachusetts, Rhode Island, Maine, New Hampshire, and Texas. Kingstone offers
property and casualty insurance products to individuals and small businesses in New York, New Jersey, Rhode Island, Massachusetts,
and Pennsylvania.
Forward-Looking Statement
Statements in this press release may contain “forward-looking statements” within the meaning of the Private Securities
Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These
statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These
statements involve risks and uncertainties that could cause actual results to differ materially from those included in
forward-looking statements due to a variety of factors. More information about these factors can be found in Kingstone’s filings
with the Securities and Exchange Commission, including its latest Annual Report filed with the Securities and Exchange Commission
on Form 10-K. Kingstone undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.
Kingstone Companies, Inc.
Amanda M. Goldstein, 516-960-1319
Investor Relations Director
View source version on businesswire.com: https://www.businesswire.com/news/home/20180625005110/en/