Kingstone (KINS) Tops Q1 EPS by 1c

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Kingstone Announces 2015 First Quarter Financial Results

May 13, 2015 5:00 PM EDT

KINGSTON, N.Y.--(BUSINESS WIRE)-- Kingstone Companies, Inc. (Nasdaq: KINS) (the Company or Kingstone), a multi-line regional property and casualty insurance holding company, today announced its financial results for the first quarter ended March 31, 2015, highlighted by higher direct written premiums, net income, and EPS despite the effects of winter storms across the Northeastern United States.

Quarterly Highlights (all comparisons to the prior year period)

Direct Written Premiums Increase 19.2%; up 23.0% excluding commercial auto Net Income Increases 16.8% to $382,000, or $0.05 per Diluted Share Combined... More