KINGSTONE COMPANIES, INC. (NASDAQ:KINS) Files An 8-K Regulation FD DisclosureItem 7.01
Regulation FD Disclosure.
On July 10, 2017, Kingstone Companies, Inc. (the "Company") issued a press release (the "Initial Press Release") announcing that the Company's wholly-owned subsidiary, Kingstone Insurance Company, entered into various reinsurance agreements with multiple reinsurers for the treaty year beginning July 1, 2017. A copy of the Initial Press Release is furnished as Exhibit 99.1 hereto.
On July 10, 2017, the Company issued a second press release (the "Second Press Release") announcing that it will hold a conference call for analysts and investors on August 11, 2017 at 8:30 a.m. Eastern Time to discuss its 2017 second quarter financial results. The Second Press Release also indicated that the Company's second quarter results are scheduled for release shortly after the stock markets close on the previous day, August 10, 2017. A copy of the Second Press Release is furnished as Exhibit 99.2 hereto.
The information in the Initial Press Release and the Second Press Release (the "Press Releases") are being furnished, not filed, to this Item 7.01. Accordingly, the information in the Press Releases will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this Report with respect to the Press Releases is not intended to, and does not, constitute a determination or admission by the Company that the information in this Report with respect to the Press Releases is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company.
Item 9.01 |
Financial Statements and Exhibits. |
(d)Exhibits.
99.1Press release, dated July 10, 2017, issued by Kingstone Companies, Inc. with regard to reinsurance agreements
99.2Press release, dated July 10, 2017, issued by Kingstone Companies, Inc. with regard to second quarter financial results
KINGSTONE COMPANIES, INC. ExhibitEX-99.1 2 ex99_1.htm PRESS RELEASE DTD JULY 10,…To view the full exhibit click here
About KINGSTONE COMPANIES, INC. (NASDAQ:KINS)
Kingstone Companies, Inc. offers property and casualty insurance products to small businesses and individuals in New York State. The Company offers these products through its subsidiary, Kingstone Insurance Company (KICO). KICO is a licensed property and casualty insurance company. The Company operates through property and casualty insurances segment, which offers a range of property and casualty policies to its producers. The Company underwrites its business utilizing the CLUE industry claims database, insurance scoring reports, physical inspection of risks and other individual risk underwriting tools. It writes homeowners and dwelling fire business in New York City and Long Island. The Company’s product lines include personal lines, commercial liability, commercial automobile, livery physical damage and other. Its personal lines consist of homeowners, dwelling fire, renters, equipment breakdown and service line endorsements and personal umbrella policies.