Kingstone Companies, Inc.
KINS.US | Non-life insurance
Kingstone Companies, Inc. is a property and casualty insurance holding company. It operates through its subsidiary, Kingstone Insurance Company (KIC). KIC is a multi-line carrier writing business exclusively through independent retail and wholesale agents and brokers. Licensed in New York, New Jerse...Show More
Better Health for All
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Kingstone Companies, Inc. is a property and casualty insurance holding company. Its core products, such as homeowners, dwelling fire, personal umbrella, business owners policies, commercial auto, and other commercial property and liability coverages, have no significant direct positive or negative health impact. The company does not generate revenue from products with direct health impacts or well-established negative health outcomes. Its products do not have direct safety implications for physical or mental health, nor are they health-related products requiring accessibility considerations or carrying health risks. The company's operations do not generate significant health externalities, nor do they directly involve health equity programs, healthcare workforce development, preventative health measures, global health crisis response, or mental health initiatives for the public. The company does not hold healthcare-related patents, produce food or nutritional products, engage in health education, offer products with addiction potential, or conduct clinical trials. While the company offers health insurance and mental health care as employer-verified employee benefits, these are not part of its principal goods or services or external initiatives for the general public.
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Fair Money & Economic Opportunity
0
No evidence available to assess Kingstone Companies, Inc on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
0
No specific, concrete data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect. While employee review ratings for categories like 'pay and benefits' and 'culture' were mentioned, these are subjective ratings and not quantitative metrics that map to the rubric's thresholds for KPIs such as living wage coverage, pay equity ratio, or worker engagement score.
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Salary ranges for various roles and an estimated CEO salary were provided by third-party algorithms, but the articles explicitly state these are not based on company records or surveys, rendering them unsuitable as verifiable evidence for scoring.
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Furthermore, there is no information on collective bargaining, safety incident rates, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Kingstone Companies, Inc on Fair Trade & Ethical Sourcing.
Honest & Fair Business
0
No evidence available to assess Kingstone Companies, Inc on Honest & Fair Business.
Kind to Animals
0
Kingstone Companies, Inc. is a property and casualty insurance holding company
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, providing insurance policies as its core business.
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This is a service-oriented operation that does not involve manufacturing products, conducting animal testing, operating animal husbandry facilities, sourcing animal-derived ingredients, or directly impacting wildlife habitats. The provided articles discuss the company's insurance products
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, corporate governance
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, and financial ratings
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, but contain no evidence related to any of the 'Kind to Animals' KPIs. Therefore, all KPIs are scored as N/A.
No War, No Weapons
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Kingstone Companies, Inc. is a property and casualty insurance holding company, primarily offering personal lines insurance in several US states.
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The provided articles describe its insurance business, corporate governance structures, and code of ethics. There is no evidence to suggest that the company is involved in arms manufacturing, military contracts, dual-use technology, or any other activities related to the 'No War, No Weapons' value. Therefore, for all KPIs related to these activities, the company is assessed as 'N/A' (not applicable) due to the absence of any relevant business operations or exposures.
Planet-Friendly Business
-40
Kingstone Companies, Inc. has a Corporate Sustainability and Risk Management Committee that oversees risks related to business operations, including catastrophe risk and the impact of changing climate conditions.
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The company identifies the effects of climate change on the frequency or severity of weather events and wildfires as a risk factor.
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It uses catastrophe forecasting models to estimate probable maximum loss (PML) associated with storm events, with one model indicating that reinsurance treaties provide coverage exceeding the estimated PML for a single event more severe than a one-in-100 year storm.
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However, the company has not publicly committed to specific climate goals or reduction targets, nor does it participate in recognized climate pledges such as the Science Based Targets initiative (SBTi).
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Respect for Cultures & Communities
0
No specific, concrete evidence was found in the provided articles for any of the KPIs related to 'Respect for Cultures & Communities' for Kingstone Companies, Inc. (KINS.US).
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Information regarding 'Kingston Midstream' and 'The Richardson Foundation' was present in one article,
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but this entity was not explicitly identified as KINS.US or a subsidiary, thus it cannot be attributed to the company being assessed.
Safe & Smart Tech
10
The company invested $1.4 million in cybersecurity in 2023, which is approximately 1.31% of its $106.5 million premium revenue for the same year, placing it in the -80 tier for cybersecurity investment.
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The company has achieved 100% multi-factor authentication coverage, scoring 100 for authentication security.
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For regulatory compliance, the company maintains compliance with New York State Insurance Department regulations, achieved a 99.7% regulatory filing accuracy, a 92/100 compliance audit score, and incurred $0 in penalties for 2023-2024, which maps to a tier of 20.
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The company's website uses SSL encryption, which is a standard practice, scoring 0 for encryption implementation.
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Users are granted rights to information, rectification, erasure, restriction, data portability, complaint, objection, and withdrawal of consent, which are industry-standard controls, scoring 0 for user data control.
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Data is stored only as necessary and deleted after specified periods, which is a standard data minimization practice, scoring 0.
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Zero Waste & Sustainable Products
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The provided articles do not contain specific quantitative data or concrete actions related to waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education for Kingstone Companies, Inc. (KINS.US).
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While some articles mention general commitments to environmental responsibility and sustainability, they lack the measurable facts required by the rubric.