Market Overview

Kingstone Companies Announces Changes to Reinsurance Treaty


Kingstone Companies, Inc. (Nasdaq CM:KINS) (the "Company" or
"Kingstone"), a multi-line regional property and casualty insurance
holding company, today announced that the Company's wholly-owned
subsidiary, Kingstone Insurance Company ("KICO"), has reduced its
personal lines quota share treaty ceding percentage to 10%, down from
20%, effective July 1, 2018. The treaty remains on a "net" of
catastrophe reinsurance basis, as KICO secures all catastrophe
reinsurance coverage directly, outside of the quota share arrangement.
The treaty is scheduled to expire on June 30, 2019.

Kingstone's Chief Operating Officer Dale Thatcher stated, "This gives us
an excellent opportunity to keep more of the profitable business we
write and to more effectively utilize the capital we've raised over the
past year. We deeply appreciate the support our reinsurers have given us
over the years as we've grown and moved into a position to increase our
retention. This is a real win for Kingstone shareholders."

About Kingstone Companies, Inc.

Kingstone is a property and casualty insurance holding company whose
principal operating subsidiary, Kingstone Insurance Company, is
domiciled in the State of New York. Kingstone is a multi-line property
and casualty insurance company writing business exclusively through
independent retail and wholesale agents and brokers. Kingstone is
licensed to write insurance policies in New York, New Jersey,
Pennsylvania, Rhode Island, Massachusetts, New Hampshire, Connecticut,
and Texas. Kingstone offers property and casualty insurance products to
individuals and small businesses in New York, New Jersey, Rhode Island,
Massachusetts, Maine and Pennsylvania.

Forward-Looking Statement

Statements in this press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements, other than statements of historical
facts, may be forward-looking statements. These statements are based on
management's current expectations and are subject to uncertainty and
changes in circumstances. These statements involve risks and
uncertainties that could cause actual results to differ materially from
those included in forward-looking statements due to a variety of
factors. More information about these factors can be found in
Kingstone's filings with the Securities and Exchange Commission,
including its latest Annual Report filed with the Securities and
Exchange Commission on Form 10-K. Kingstone undertakes no obligation to
publicly update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.

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