Kingstone OK’d to Write P/C Insurance in Texas

Kingstone Companies Inc., a multi-line regional property/casualty insurance holding company based in New York, announced that its subsidiary, Kingstone Insurance Co., has received approval from the Texas Department of Insurance to write P/C insurance in Texas.

In addition to New York and Pennsylvania, Texas is the third state in which the company is authorized as an admitted property/casualty insurance carrier.

Kingstone expects to continue its expansion into other states. The company currently has applications for admission pending in three additional states, each of which share similar catastrophe exposures and opportunities as New York.

Kingstone writes business exclusively through independent retail and wholesale agents and brokers.

Source: Kingstone Companies Inc.