8-K - KINS - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

__________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report May 2, 2022

(Date of earliest event reported)

KINGSTONE COMPANIES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware	0-1665	36-2476480
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(State or Other Jurisdiction<br><br>of Incorporation)	(Commission File No.)	(IRS Employer Identification<br><br>Number)
15 Joys Lane, Kingston, NY	12401
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(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (845) 802-7900

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value per share	KINS	Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure.

On May 2, 2022, Kingstone Companies, Inc. (the “Company”) issued a press release (the “Press Release”) announcing estimated catastrophe losses for the first quarter of 2022. The Press Release also announced that the Company’s Board of Directors has declared a $0.04 per share quarterly dividend payable on June 15, 2022 to stockholders of record as of the close of business on May 31, 2022. A copy of the Press Release is furnished as Exhibit 99.1 hereto.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1	Press release, dated May 2, 2022, issued by Kingstone Companies, Inc.
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	KINGSTONE COMPANIES, INC.
Dated: May 2, 2022	By:	/s/
		Barry B. Goldstein
		President and CEO
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king_ex991.htm

EXHIBIT 99.1

**** FOR IMMEDIATE RELEASE Kingstone Announces Estimated First Quarter Catastrophe Losses Kingstone Declares Quarterly Dividend of $0.04 per share Kingston, NY — May 2, 2022 – Kingstone Companies, Inc. (Nasdaq: KINS) (the “Company” or “Kingstone”), a Northeast regional property and casualty insurance holding company, today announced that Kingstone Insurance Company, its wholly-owned subsidiary, estimates net unaudited pre-tax catastrophe losses for the first quarter of 2022 of $2.59 million ($2.05 million after-tax). Catastrophe losses for the quarter comprised four events. The estimated unaudited losses indicated above are based on information available as of May 2, 2022 and management’s initial review of operations for the first quarter. They remain subject to change based on management’s ongoing review of the Company’s first quarter results and are forward-looking statements (see “Forward-Looking Statements” below). Kingstone assumes no obligation to update these statements. The actual losses may be materially different and are affected by the risk factors and uncertainties identified in Kingstone’s annual and quarterly filings with the Securities and Exchange Commission. Kingstone also announced today that its Board of Directors has declared a common stock dividend of $0.04 per share. The dividend is payable on June 15, 2022 to holders of record as of May 31, 2022. Financial information, including material announcements about Kingstone Companies, is routinely posted on www.kingstonecompanies.com. About Kingstone Companies, Inc. Kingstone is a northeast regional property and casualty insurance holding company whose principal operating subsidiary is Kingstone Insurance Company (“KICO”). KICO is a New York domiciled carrier writing business through retail and wholesale agents and brokers. KICO offers primarily personal lines insurance products in New York, New Jersey, Rhode Island, Massachusetts, and Connecticut. Kingstone is also licensed in Pennsylvania, New Hampshire and Maine. Forward-Looking Statements Kingstone is a northeast regional property and casualty insurance holding company whose principal operating subsidiary is Kingstone Insurance Company (“KICO”). KICO is a New York domiciled carrier writing business through retail and wholesale agents and brokers. KICO offers primarily personal lines insurance products in New York, New Jersey, Rhode Island, Massachusetts, and Connecticut. Kingstone is also licensed in Pennsylvania, New Hampshire, and Maine. CONTACT: Kingstone Companies, Inc. **** Amanda M. Goldstein Investor Relations Director (516) 960-1319