Kingstone Companies, Inc. and Kingstone Insurance Company Announces Cessation of Victor J. Brodsky as Treasurer, Executive Vice President and Director on September 30, 2020
July 21, 2020 at 04:11 pm EDT
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On July 20, 2020, Kingstone Companies, Inc. and Victor J. Brodsky, Treasurer of the Company, Executive Vice President and a director of Kingstone Insurance Company (KICO"), the Company's wholly-owned subsidiary, agreed that Mr. Brodsky's employment with the Company and KICO will cease on September 30, 2020. Mr. Brodsky's cessation of employment was a voluntary decision made by him to pursue other interests. The Company, KICO and Mr. Brodsky also agreed that Mr. Brodsky will serve as a consultant to the Company and KICO for the period from October 1, 2020 through March 31, 2021.
Kingstone Companies, Inc., through its wholly owned subsidiary, Kingstone Insurance Company, operates as a property and casualty insurance company. The Company's property insurance covers the financial consequences of accidental losses to the insured's property, such as a home and the personal property in it, or a business owner's building, inventory and equipment. Casualty insurance (also referred to as liability insurance) covers the financial consequences related to the legal liability of an individual or an organization resulting from negligent acts and omissions that cause bodily injury and/or property damage to a third party. The Company's product lines include personal lines, livery physical damage, and other. Its personal lines consist of homeowners and dwelling fire multi-peril, cooperative/condominiums, renters, and personal umbrella policies. The Company writes for-hire vehicle physical damage only policies for livery and car service vehicles and taxicabs.
Kingstone Companies, Inc. and Kingstone Insurance Company Announces Cessation of Victor J. Brodsky as Treasurer, Executive Vice President and Director on September 30, 2020