NASDAQ, KINS - Kingstone Cos Inc
Our continuing operations consist of franchising, ownership and operation of
storefront insurance agencies under the DCAP, Barry Scott, Atlantic Insurance
and Accurate Agency brand names.
Our discontinued operations consist of premium financing of insurance policies
for our DCAP, Barry Scott, Atlantic Insurance and Accurate Agency clients as
well as clients of non-affiliated entities. On February 1, 2008, we sold our
outstanding premium finance loan portfolio. As a result of the sale, our
business of internally financing insurance contracts has been reclassified as
discontinued operations and prior periods have been restated.
Recent Developments
The following developments have occurred since January 1, 2008:
? On February 1, 2008, our wholly-owned subsidiary, Payments Inc., sold its
outstanding premium finance loan portfolio. ...
Read SEC Filing on NASDAQ.com »