KINGSTONE COMPANIES, INC.

Kingstone Companies, Inc. announced a new loss-prevention initiative through its subsidiary, Kingstone Insurance Company (KICO). KICO will provide Ting smart sensors and three years of electrical fire prevention service at no cost to eligible New York homeowners insurance policyholders. This program, launching in July 2026, is part of a new partnership with vipHomeLink and aims to proactively manage risk and reduce electrical fire and water-related losses. The initiative leverages Whisker Labs' Ting technology to detect hidden electrical fire hazards and provide frozen pipe alerts.

Kingstone Companies, Inc. announced the successful finalization of its catastrophe reinsurance program for July 1, 2026, through June 30, 2027. The company increased its loss limit to $500 million, a 14% rise from the previous year, while reducing the cost of core catastrophe excess of loss coverage by over 15% on a risk-adjusted basis. Kingstone also maintained low first-event retentions and noted that the program cost is now approximately 11% of projected direct premiums earned, down from 13%.

Kingstone Companies, Inc. announced that its 2026 Annual Meeting of Stockholders will be held in a virtual format on Wednesday, August 5, 2026, at 9:00 a.m. ET. Stockholders of record as of the close of business on Friday, June 12, 2026, will be entitled to notice of and to vote at the Annual Meeting. The link to the virtual meeting will be included in the Notice of the Annual Meeting distributed with the proxy statement.

Kingstone Companies, Inc. announced that its Board of Directors has authorized a share repurchase program. Under this program, the company may repurchase up to 1,000,000 shares of its outstanding common stock over the next two years, which represents approximately 6.9% of the shares outstanding as of March 31, 2026. The CEO stated that this authorization reflects confidence in the company and is intended to complement investments in profitable growth and quarterly dividends.

Kingstone Companies, Inc. announced that its Board of Directors has authorized a share repurchase program for up to 1,000,000 shares of its common stock, representing approximately 6.9% of outstanding shares as of March 31, 2026. The program will span two years and reflects the Board's confidence in the company's franchise and future trajectory. Repurchases are intended to complement investments in profitable growth and quarterly dividends, with capital allocated disciplinedly.

KINGSTONE COMPANIES, INC. reported a net loss of $5.81 million, or $(0.40) per basic share, for the first quarter of 2026, a significant decline from a net income of $3.88 million, or $0.29 per basic share, in the same period last year. This loss occurred despite an increase in total revenues to $59.78 million, driven by higher net premiums earned. The company experienced a substantial rise in loss and loss adjustment expenses, which negatively impacted profitability. Total assets increased, but stockholders' equity decreased during the quarter.

Kingstone Companies, Inc. reported a diluted net loss per share of $0.40 for Q1 2026, compared to a net income of $0.27 per share in Q1 2025. The GAAP net combined ratio increased to 112.0%, primarily due to eleven severe winter catastrophe events in the Northeast U.S. Despite this, net premiums earned grew 28.4% and direct premiums written increased 19.6%. The company reaffirmed its full-year 2026 guidance, highlighting an improved underlying combined ratio of 88.3% excluding catastrophe losses.

Kingstone Companies, Inc. announced Q1 2026 financial results, reporting a 28.4% increase in Net Premiums Earned to $55.87 million and a 19.6% rise in Direct Premiums Written. Despite strong growth, the company posted a diluted net loss per share of $0.40 and a GAAP Net Combined Ratio of 112.0%, primarily due to eleven severe winter catastrophe events in the Northeast U.S. However, the underlying combined ratio improved by 5.1 points to 88.3%, and management reaffirmed its full-year 2026 guidance, citing underlying business strength and strategic expansion plans into California and Connecticut.

Kingstone Companies, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share. This dividend is scheduled to be paid on May 26, 2026, to all stockholders who are on record at the close of business on May 11, 2026.

Kingstone Companies, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share of common stock. The dividend is scheduled for payment on May 26, 2026, to shareholders who are on record at the close of business on May 11, 2026. Kingstone is a property and casualty insurance holding company, with its main subsidiary, Kingstone Insurance Company, operating in New York and other northeastern states.