Kingstone Companies, Inc. (NASDAQ: KINS) announced that its Board of Directors has extended President and CEO Meryl Golden's employment agreement through January 10, 2029. The property and casualty insurance holding company's Compensation Committee recommended the extension.

Golden's current agreement was scheduled to expire on January 10, 2027. The company stated that additional details regarding the agreement terms will be included in a Form 8-K filing.

"This extension follows a review by the Compensation Committee and reflects the Board's confidence in Ms. Golden and in the plan she is executing," said Thomas Newgarden, Chairman of the Board. He noted that under Golden's leadership, Kingstone has returned to profitability and established expansion plans, including entry into California.

Golden stated her goal of achieving $500 million in direct written premium by 2029. "I am grateful for the Board's confidence and for the opportunity to continue leading this company through its next phase of profitable growth," she said.

Kingstone operates as a Northeast regional property and casualty insurance holding company through its principal subsidiary, Kingstone Insurance Company. The New York-domiciled carrier writes business through retail and wholesale agents and brokers across multiple states including New York, New Jersey, Rhode Island, Massachusetts, Connecticut, Pennsylvania, New Hampshire, and Maine.

According to the company, Kingstone Insurance Company ranked as the 11th largest writer of homeowners insurance in New York in 2025.