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Income Taxes - Deferred Income Tax Benefit (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Decrease in net deferred income tax assets	$ 1,418,361
Less: Deferred tax expense allocated to other comprehensive income	1,619,909
Deferred income tax benefit	$ (201,548)	$ 4,927,561

Reinsurance - Ceding Revenue (Details ) - USD ($)	12 Months Ended
Reinsurance - Ceding Revenue (Details ) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Reinsurance Disclosures [Abstract]
Provisional ceding commissions earned	$ 13,926,916	$ 18,829,278
Contingent ceding commissions earned	1,748,055	8,668
Ceding commission revenue	$ 15,674,971	$ 18,837,946

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes From Continuing Operations

For the year ended December 31, 2025, the provision for income taxes is comprised of the following:


Federal income tax before utilization of net operating loss	$	10,896,837
Utilization of net operating loss	(419,357)
Current federal income tax expense	10,477,480
Current state income tax expense (1)	2,590
Deferred federal and state income tax (benefit) (2)	(201,548)
Income tax	$	10,278,522

For the year ended December 31, 2024, the provision for income taxes is comprised of the following:


Current federal income tax expense	$	-
Current state income tax expense (1)	2,160
Deferred federal and state income tax (2)	4,927,561
Income tax	$	4,929,721

(1) For the year ended December 31, 2025, state income tax consisted of New York state minimum tax of $2,340 and Connecticut minimum tax of $250. For the year ended December 31, 2024, state income tax consists of New York state minimum tax of $2,160.

(2) For the years ended December 31, 2025 and 2024, the Company recorded a 100% valuation allowance for state deferred taxes. See state valuation allowance discussion below.

Schedule of Reconciliation of the Federal Statutory Rate

For the year ended December 31, 2025, a reconciliation of the federal statutory rate to the Company’s effective tax rate is as follows:


Income from operations before taxes	$	51,045,650
Federal statutory income tax rate	21		%
Taxes at federal statutory rate	$	10,719,587		21.0	%
State income taxes, net of federal effect	11,013			—
Nontaxable and nondeductible items
Dividends received deduction	(51,835)			(0.1)
Non-taxable investment income	(167,401)			(0.3)
Stock-based compensation	(563,954)			(1.1)
Other nontaxable and nondeductible items	318,977			0.6
Other	12,135			(0.1)

Effective tax rate	$	10,278,522		20.0	%

For the year ended December 31, 2024, a reconciliation of the federal statutory rate to the Company’s effective tax rate is as follows:


Computed expected tax expense	$	4,890,513	21.0	%
State taxes, net of Federal benefit	(431,749)		(1.9)	%
State valuation allowance	439,905		1.9	%
Permanent differences
Dividends received deduction	(64,525)		(0.3)	%
Non-taxable investment income	(122,194)		(0.5)	%
Stock-based compensation	(280,104)		(1.2)	%
Sale leaseback transaction	99,775		0.4	%
Other permanent differences	191,488		0.8	%
Prior year tax matters	173,572		0.8	%
Other	33,040		0.1	%

Income tax expense, as reported	$	4,929,721	21.2	%

Schedule of Deferred Tax Assets and Liabilities

Significant components of the Company’s deferred tax assets and liabilities are as follows:


	December 31, 2025		December 31, 2024

Deferred tax asset:
Net operating loss carryovers (1)	$	—	$	419,357
Claims reserve discount	1,562,424		1,305,466
Unearned premium	4,948,868		3,810,973
Deferred ceding commission revenue	1,756,131		2,423,660
Net unrealized losses on securities	1,811,373		3,069,900
Other	916,350		834,921
Total deferred tax assets	10,995,146		11,864,277

Deferred tax liability:
Investment in KICO (2)	759,543		759,543
Deferred acquisition costs	5,852,113		5,193,798
Intangibles	105,000		105,000
Depreciation and amortization	98,931		208,016
Total deferred tax liabilities	6,815,587		6,266,357

Net deferred income tax asset	$	4,179,559	$	5,597,920

Schedule of Net Operating Loss Carryovers

The deferred tax assets from net operating loss carryovers are as follows:


Type of NOL	December 31, 2025		December 31, 2024		Expiration

Federal only, NOL from 2024 and 2023	$	-	$	419,357	None

State only (A)	3,421,252		3,075,395		December 2027 - December 2043
Valuation allowance	(3,421,252)		(3,075,395)
State only, net of valuation allowance	-		-

Total deferred tax asset from net operating loss carryovers	$	-	$	419,357

Schedule Of Changes In Net Deferred Income Tax Liability To Deferred Income Tax Benefit

The table below reconciles the changes in net deferred income tax assets (liabilities) to the deferred income tax benefit for the year ended December 31, 2025:


Decrease in net deferred income tax assets	$	1,418,361
Less: Deferred tax expense allocated to other comprehensive income	1,619,909
Deferred income tax benefit	$	(201,548)

Commitments and Contingencies (Details) - USD ($)	12 Months Ended
Commitments and Contingencies (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Operating lease	$ 44,638	$ 41,342
Total lease cost	44,638	41,342
liability reported in operating cash flows	$ 40,845	$ 49,145
Discount rate	13.75%	5.50%
Remaining lease term in years	4 years 1 month 28 days

Income Taxes - Federal Statutory Rate - Current Year (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Amount
Income from operations before taxes	$ 51,045,650	$ 23,288,157
Taxes at federal statutory rate	10,719,587	4,890,513
State income taxes, net of federal effect	11,013	(431,749)
Nontaxable and nondeductible items
Dividends received deduction	(51,835)	(64,525)
Non-taxable investment income	(167,401)	(122,194)
Stock-based compensation	(563,954)	(280,104)
Other nontaxable and nondeductible items	318,977	191,488
Other	12,135	33,040
Income tax	$ 10,278,522	$ 4,929,721
Percent
Taxes at federal statutory rate	21.00%	21.00%
State income taxes, net of federal effect	0.00%	(1.90%)
Nontaxable and nondeductible items
Dividends received deduction	(0.10%)	(0.30%)
Non-taxable investment income	(0.30%)	(0.50%)
Stock-based compensation	(1.10%)	(1.20%)
Other nontaxable and nondeductible items	0.60%	0.80%
Other	(0.10%)	0.10%
Effective tax rate	20.00%	21.20%

Nature of Business	12 Months Ended
Nature of Business	Dec. 31, 2025
Nature of Business
Nature of Business	Nature of Business Kingstone Companies, Inc. (referred to herein as "Kingstone" or the “Company” or, on a standalone basis for the parent company only, the “Holding Company”), operates through its wholly-owned subsidiary, Kingstone Insurance Company (“KICO”). KICO is a New York domiciled carrier writing business through retail and wholesale agents and brokers. KICO is actively writing personal lines and commercial auto insurance in New York, and in 2024 was the 12th largest writer of homeowners insurance in New York. KICO is also licensed in the states of New Jersey, Rhode Island, Massachusetts, Connecticut, Pennsylvania, New Hampshire, and Maine. For the years ended December 31, 2025 and 2024, 98.0% and 96.0%, respectively, of KICO’s direct written premiums came from the New York policies. Kingstone, through its wholly owned subsidiary, Cosi Agency, Inc. (“Cosi”), a multi-state licensed general agency, receives commission revenue from KICO for the policies it places with others and pays commissions to these agencies.

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Cash flows from operating activities:
Net income	$ 40,767,128	$ 18,358,436
Adjustments to reconcile net income to net cash flows
Net realized losses on investments	222,706	62,349
Net unrealized losses on equity investments	259,010	6,606
Net unrealized gains on other investments	(171,722)	(483,506)
Gain on sale of real estate	(1,965,989)	0
Depreciation and amortization	2,559,835	2,448,932
Bad debt expense	599,653	115,470
Accretion of bond discount, net	(17,958)	(520,901)
Amortization of discount and issuance costs on debt	65,163	989,101
Loss on extinguishment of debt	174,962	296,553
Stock-based compensation	1,482,357	1,382,912
Deferred income tax (benefit) expense	(201,548)	4,927,561
Decrease (increase) in operating assets:
Premiums receivable, net	154,927	(8,277,650)
Reinsurance receivables, net	10,325,491	6,271,476
Prepaid reinsurance	(2,142,329)	0
Deferred policy acquisition costs	(3,134,836)	(4,929,807)
Other assets	(2,335,136)	(1,850,192)
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	14,328,190	4,392,566
Unearned premiums	19,326,339	29,080,195
Advance premiums	500,390	(294,527)
Reinsurance balances payable	(5,276,802)	(2,328,019)
Deferred ceding commission revenue	(3,178,710)	2,080,374
Accounts payable, accrued expenses and other liabilities	683,261	6,219,842
Taxes payable	2,835,135	0
Net cash flows provided by operating activities	75,859,517	57,947,771
Cash flows from investing activities:
Redemption - fixed-maturity securities held-to-maturity	1,000,000	0
Purchase - fixed-maturity securities available-for-sale	(154,381,310)	(165,000,894)
Sale and maturity - fixed-maturity securities available-for-sale	59,751,659	127,665,799
Purchase - equity securities	(19,100)	0
Sale - equity securities	0	4,410,859
Proceeds from sale of real estate	3,600,000	0
Acquisition of property and equipment	(2,807,551)	(2,337,205)
Net cash flows used in investing activities	(92,856,302)	(35,261,441)
Cash flows from financing activities:
Principal payments on equipment financing	(1,223,293)	(1,153,862)
Issue costs on 2024 and 2022 Notes	0	(203,902)
Proceeds from exercise of stock options	62,714	63,711
Proceeds from employee stock purchase plan	137,116	0
Withholding taxes paid on net exercise of stock options	(14,305)	0
Withholding taxes paid on vested restricted stock awards	(562,214)	(1,310,641)
Net proceeds from issuance of common stock	9,470,453	13,610,807
Dividends paid	(1,414,397)	0
Net cash flows provided by (used in) financing activities	506,074	(2,993,887)
(Decrease) increase in cash and cash equivalents	(16,490,711)	19,692,443
Cash and cash equivalents, beginning of period	28,669,441	8,976,998
Cash and cash equivalents, end of period	12,178,730	28,669,441
Supplemental disclosures of cash flow information:
Cash paid for income taxes-federal	8,028,000	0
Cash paid for income taxes-state	250	0
Cash paid for interest	1,588,205	2,524,555
Supplemental schedule of non-cash investing and financing activities:
Other comprehensive income, net of tax	6,093,946	99,087
Lease liability in exchange for right-of-use asset	198,042	0
Senior Notes due 2022
Cash flows from financing activities:
Principal payments on notes	0	(5,000,000)
Senior Notes due 2024
Cash flows from financing activities:
Principal payments on notes	$ (5,950,000)	$ (9,000,000)

Property and Casualty Insurance Activity - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Property and Casualty Insurance Activity
Advance premiums	$ 4,003,453	$ 3,503,063
Incurred losses under reinsurance contracts	19,019,851	20,226,354
Prior year loss development	$ 1,083,663	$ 1,779,827

Sale of Real Estate (Details)	Feb. 05, 2025 USD ($)
Property, Plant and Equipment [Abstract]
Purchase price for property	$ 3,600,000

Investments - Schedule of Available-for-Sale Securities with Unrealized Losses (Details)	12 Months Ended
	Dec. 31, 2025 USD ($) position	Dec. 31, 2024 USD ($)
Political subdivisions of States, Territories and Possessions
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value - less than 12 months	$ 0	$ 7,705,370
Unrealized losses - less than 12 months	$ 0	$ (73,589)
Number of positions held - less than 12 months	0	6
Estimated fair value - 12 months or more	$ 13,926,802	$ 13,167,726
Unrealized losses - 12 months or more	(2,534,725)	(3,324,491)
Number of positions held - 12 months or more	12	12
Estimated Fair Value	13,926,802	20,873,096
Unrealized Losses	(2,534,725)	(3,398,080)
Corporate and other bonds industrial and miscellaneous
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value - less than 12 months	21,525,673	51,411,296
Unrealized losses - less than 12 months	$ (118,901)	$ (1,024,461)
Number of positions held - less than 12 months	24	60
Estimated fair value - 12 months or more	$ 34,677,856	$ 55,381,083
Unrealized losses - 12 months or more	(2,540,470)	(4,690,597)
Number of positions held - 12 months or more	38	68
Estimated Fair Value	56,203,529	106,792,379
Unrealized Losses	(2,659,371)	(5,715,058)
Residential mortgage and other asset backed securities
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value - less than 12 months	18,055,734	19,315,521
Unrealized losses - less than 12 months	$ (62,968)	$ (209,890)
Number of positions held - less than 12 months	20	22
Estimated fair value - 12 months or more	$ 29,673,084	$ 35,206,442
Unrealized losses - 12 months or more	(4,477,673)	(6,211,339)
Number of positions held - 12 months or more	31	36
Estimated Fair Value	47,728,818	54,521,963
Unrealized Losses	(4,540,641)	(6,421,229)
Total fixed-maturity securities
Debt Securities, Available-for-Sale [Line Items]
Estimated fair value - less than 12 months	39,581,407	78,432,187
Unrealized losses - less than 12 months	$ (181,869)	$ (1,307,940)
Number of positions held - less than 12 months	44	88
Estimated fair value - 12 months or more	$ 78,277,742	$ 103,755,251
Unrealized losses - 12 months or more	(9,552,868)	(14,226,427)
Number of positions held - 12 months or more	81	116
Estimated Fair Value	117,859,149	182,187,438
Unrealized Losses	$ (9,734,737)	$ (15,534,367)

Reinsurance - Schedule of Line of Business Treaty Period (Details) $ in Thousands	3 Months Ended	4 Months Ended	6 Months Ended						7 Months Ended		12 Months Ended								18 Months Ended
	Dec. 31, 2025 USD ($)	Apr. 30, 2025 USD ($)	Dec. 31, 2026 USD ($)	Jun. 30, 2026 USD ($)	Dec. 31, 2025 USD ($)	Jun. 30, 2025 USD ($)	Dec. 31, 2024 USD ($)	Jun. 30, 2024 USD ($)	Apr. 30, 2026 USD ($)	Apr. 30, 2025 USD ($)	Jun. 30, 2027 USD ($)	Dec. 31, 2026	Jun. 30, 2026 USD ($)	Dec. 31, 2025 USD ($) h	Jun. 30, 2025 USD ($)	Dec. 31, 2024 USD ($)	Jun. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)	Jun. 30, 2025 USD ($)
Reinsurance Retention [Line Items]
Catastrophe coverage, multiple of per occurrence limitation														2
Catastrophe coverage, except for one occurrence limitation														80.00%
Catastrophe, first layer coverage														$ 5,000
Excess of catastrophic coverage, first layer														$ 5,000
Catastrophe coverage, one occurrence limitation														52.00%
Catastrophic coverage, top layer														$ 240,000
Excess of catastrophic coverage, top layer														$ 200,000
Catastrophe coverage, duration of occurrence \| h														168
Reinstatement of premium protection, catastrophe coverage										$ 4,500					$ 50,000
Excess of catastrophe coverage										$ 5,500					$ 10,000
Underlying XOL treaty, reinsurance coverage (percent)										71.00%						50.00%			50.00%
Reinstatement of premium protection, amount																			$ 400
Reinstatement of premium protection, excluded amount																			600
Risk retention amount					$ 640													$ 730	$ 530
Catastrophe reinsurance coverage, (percent)										71.00%
Underlying XOL treaty, excess of loss coverage amount										$ 4,500						$ 400
Underlying XOL treaty, excess of loss coverage, excluded amount										$ 5,500						600
Retention limited under XOL treaty	$ 3,900	$ 5,200														$ 4,800
Property And Casualty Personal Insurance Product Lines
Reinsurance Retention [Line Items]
Quota share treaty percent excluded for named catastrophe from percent ceded														6.00%		22.00%
Quota share treaty percent ceded														16.00%		27.00%
Catastrophe Reinsurance:
Reinsurance Retention [Line Items]
Initial loss subject to personal lines quota share treaty					10,000	$ 10,000	$ 10,000	$ 10,000
Risk retained per catastrophe occurrence					5,000	4,250	4,750	9,500
Catastrophe loss coverage in excess of quota share coverage					$ 435,000	$ 275,000	$ 275,000	$ 315,000
Reinstatement premium protection					Yes	Yes	Yes	Yes
Personal Lines
Reinsurance Retention [Line Items]
Percent ceded					16.00%	16.00%	27.00%	27.00%
Risk retained on initial $1,000,000 of losses					$ 840	$ 840	$ 730	$ 730
Losses per occurrence subject to quota share reinsurance coverage					1,000	1,000	1,000	1,000
Excess of loss coverage and facultative facility coverage					8,250	8,400	8,400	8,400
In excess of					750	600	600	600
Total reinsurance coverage per occurrence					8,285	8,360	8,470	8,470
Losses per occurrence subject to reinsurance coverage					$ 9,000	$ 9,000	$ 9,000	$ 9,000
Single risk coverage														$ 9,000
Personal Lines \| Minimum
Reinsurance Retention [Line Items]
Direct loss																	$ 3,500
Personal Lines \| Maximum
Reinsurance Retention [Line Items]
Direct loss																	$ 9,000
Forecast
Reinsurance Retention [Line Items]
Catastrophe, first layer coverage													$ 5,000
Excess of catastrophic coverage, first layer													5,000
Reinstatement of premium protection, catastrophe coverage													50,000
Excess of catastrophe coverage													$ 10,000
Underlying XOL treaty, reinsurance coverage (percent)									90.00%				50.00%
Risk retention amount											$ 825		$ 715
Underlying excess of loss treaty, reinsurance coverage, layer one, percent													50.00%
Reinstatement of premium protection, layer one													$ 250
Reinstatement of premium protection, layer one, excluded amount													$ 750
Underlying excess of loss treaty, reinsurance coverage, layer two, percent													100.00%
Reinstatement of premium protection, layer two, excluded amount													$ 1,000
Reinstatement of premium protection, layer two													$ 9,000
Catastrophe, first layer coverage, percent													80.00%
Catastrophe coverage, remaining													100.00%
Catastrophe coverage, remaining layer													$ 430,000
Excess of catastrophe coverage, remaining													10,000
Underlying XOL treaty, excess of loss coverage amount									$ 5,000				250
Underlying XOL treaty, excess of loss coverage, excluded amount									$ 5,000				$ 750
Retention limited under XOL treaty				$ 5,000
Forecast \| Property And Casualty Personal Insurance Product Lines
Reinsurance Retention [Line Items]
Quota share treaty percent ceded												30.00%
Forecast \| Catastrophe Reinsurance:
Reinsurance Retention [Line Items]
Initial loss subject to personal lines quota share treaty			$ 10,000	10,000
Risk retained per catastrophe occurrence				5,500
Catastrophe loss coverage in excess of quota share coverage				$ 434,500
Reinstatement premium protection				Yes
Forecast \| Personal Lines
Reinsurance Retention [Line Items]
Percent ceded			5.00%	5.00%
Risk retained on initial $1,000,000 of losses			$ 950	$ 950
Losses per occurrence subject to quota share reinsurance coverage			1,000	1,000
Excess of loss coverage and facultative facility coverage				8,250
In excess of				750
Total reinsurance coverage per occurrence			50	8,175
Losses per occurrence subject to reinsurance coverage			$ 1,000	$ 9,000

Property and Casualty Insurance Activity - Cumulative Paid Loss and Allocated Loss Adjustment Expenses, Net of Reinsurance (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Liability for Claims and Claims Adjustment Expense [Line Items]
Total	$ 547,316
Net liability for unpaid loss and allocated loss adjustment expenses for the accident years presented	99,113
All outstanding liabilities before 2016, net of reinsurance	1,441
Liabilities for loss and allocated loss adjustment expenses, net of reinsurance	100,554
2016
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	15,364
2017
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	19,001
2017	16,704
2018
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	21,106
2017	24,820
2018	32,383
2019
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	23,974
2017	28,693
2018	44,516
2019	40,933
2020
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	25,234
2017	31,393
2018	50,553
2019	54,897
2020	39,045
2021
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	25,750
2017	32,529
2018	52,025
2019	58,055
2020	50,719
2021	56,282
2022
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	26,382
2017	33,522
2018	54,424
2019	60,374
2020	53,432
2021	77,756
2022	45,856
2023
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	26,854
2017	34,683
2018	56,199
2019	63,932
2020	56,523
2021	82,317
2022	65,732
2023	46,280
2024
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	26,808
2017	35,046
2018	57,185
2019	66,109
2020	59,220
2021	85,314
2022	68,170
2023	56,952
2024	29,013
2025
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	26,876
2017	35,336
2018	57,798
2019	68,648
2020	60,859
2021	90,865
2022	70,703
2023	59,571
2024	40,086
2025	$ 36,572

Debt - Narrative (Details) - USD ($)											12 Months Ended
Debt - Narrative (Details) - USD ($)	Feb. 24, 2025	Jan. 28, 2025	Dec. 30, 2024	Nov. 13, 2024	Sep. 30, 2024	Sep. 12, 2024	Aug. 30, 2024	Dec. 30, 2022	Dec. 15, 2022	Oct. 27, 2022	Dec. 31, 2025	Dec. 31, 2024	Dec. 09, 2022
Debt Instrument [Line Items]
Impairment of federal home loan bank stock											$ 0	$ 0
Available collateral											$ 9,598,000	10,130,000
Percentage of advances are limited in available collateral											85.00%
Borrowings											$ 4,440,127	$ 11,171,420
Purchase of warrants (in shares)									969,525		604,388	304,413
Exercise price (in dollars per share)											$ 1.00
5.5% Senior Unsecured Notes \| Senior Notes
Debt Instrument [Line Items]
Stated interest rate (percent)													5.50%
Debt instrument, face amount													$ 30,000,000
Exchanging Noteholders
Debt Instrument [Line Items]
Debt instrument, face amount													$ 21,545,000
2022 Notes
Debt Instrument [Line Items]
Stated interest rate (percent)									12.00%
Debt instrument, face amount									$ 19,950,000
Aggregate amount						$ 5,000,000
Warrants term									3 years
Purchase of warrants (in shares)									969,525
Exercise price (in dollars per share)									$ 1.00
Extinguished debt							$ 296,533
2017 Notes
Debt Instrument [Line Items]
Aggregate amount								$ 8,455,000	$ 1,595,000
2024 Notes
Debt Instrument [Line Items]
Borrowings											$ 0	$ 5,508,000
Stated interest rate (percent)						13.75%					13.75%
Debt instrument, face amount						$ 14,950,000
Purchase of warrants (in shares)						969,225
Extinguished debt						$ 174,962
Debt issuance costs						$ 203,381
Debt instrument effective yield						14.35%
2024 Exchange Agreement
Debt Instrument [Line Items]
Debt instrument percentage						100.00%
Optional prepayments	$ 2,450,000	$ 3,500,000	$ 4,000,000	$ 2,000,000	$ 3,000,000
2024 Exchange Agreement \| Debt Instrument, Redemption, Period One
Debt Instrument [Line Items]
Partial prepayment of principal						$ 3,000,000
2024 Exchange Agreement \| Debt Instrument, Redemption, Period Two
Debt Instrument [Line Items]
Partial prepayment of principal						$ 3,000,000
2024 Exchange Agreement \| Minimum
Debt Instrument [Line Items]
Notice period						15 days
2024 Exchange Agreement \| Maximum
Debt Instrument [Line Items]
Notice period						60 days
Equipment Financing
Debt Instrument [Line Items]
Borrowings											$ 4,440,127
Fixed assets sold										$ 8,096,824
Interest rate										5.86%
Finance amount principal										$ 126,877
Sale leaseback transaction, lease term										60 months
Purchase price										$ 2,024,206
End of lease purchase price as percent of original fixed cost										25.00%
Original fixed cost												8,096,824
Sale leaseback transaction, additional term										16 months
Total rental rate												2,024,206
Collateral amount											3,616,000	5,308,000
Fair value of pledged collateral											3,616,000	5,308,000
FHLBNY
Debt Instrument [Line Items]
Maximum allowable advances											16,873,000	13,637,000
Borrowings											$ 0	$ 0

Employee Benefit Plans (Details) - USD ($)	12 Months Ended
Employee Benefit Plans (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Loss and loss adjustment expenses	$ 84,265,722	$ 62,634,716
Other underwriting expenses	31,718,770	25,692,727
Other operating expenses	$ 4,105,310	3,634,583
401(k) Company matching contribution (percent)	100.00%
Percentage of participant’s eligible contribution	4.00%
Incurred expense related to 401(k) plan	$ 341,000	270,000
Employee Bonus Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accrued employee bonus plan	2,434,000	2,091,000
Loss and loss adjustment expenses	555,000	477,000
Other underwriting expenses	$ 1,879,000	$ 1,614,000
Shares of restricted stock (in shares)	57,258	58,755
Restricted stock value	$ 964,000	$ 892,000
Other operating expenses	266,000	278,000
Executive Bonus Plan
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Accrued employee bonus plan	688,000	496,000
Other underwriting expenses	619,000	446,000
Bonus reversal allocated to other operating expenses	$ 68,000	$ 50,000

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Schedule of Lease Cost

Additional information regarding the Company’s office operating leases is as follows:


Lease cost	Year ended December 31, 2025			Year ended December 31, 2024
Operating lease	$	44,638		$	41,342
Total lease cost	$	44,638		$	41,342

Other information on operating leases
Cash payments included in the measurement of lease
liability reported in operating cash flows	$	40,845		$	49,145
Discount rate	13.75		%	5.50		%
Remaining lease term in years	4.16			—

Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible assets consist of finite and indefinite life assets. Finite life intangible assets include customer and producer relationships and other identifiable intangibles. KICO’s insurance company license is considered an indefinite life intangible asset subject to annual impairment testing. All identified intangible assets of finite useful life were fully amortized as of December 31, 2025 and 2024.

The components of intangible assets and their useful lives, accumulated amortization, and net carrying value as of December 31, 2025 and 2024 are summarized as follows:


	Useful Life (in yrs)	Gross Carrying Value		Accumulated Amortization		Net Carrying Amount
Insurance license	-	$	500,000	$	-	$	500,000
Customer relationships	10	3,400,000		3,400,000		-
Other identifiable
intangibles	7	950,000		950,000		-
Total		$	4,850,000	$	4,350,000	$	500,000

Intangible asset impairment testing and amortization

The Company performs an analysis annually as of December 31, or sooner if there are indicators that the asset may be impaired, to identify potential impairment of intangible assets and measures the amount of any impairment loss that may need to be recognized. Intangible asset impairment testing requires an evaluation of the estimated fair value of each identified intangible asset to its carrying value. An impairment charge would be recorded if the estimated fair value is less than the carrying amount of the intangible asset. No impairments have been identified for the years ended December 31, 2025 and 2024.

The Company recorded no amortization expense related to intangible assets for the years ended December 31, 2025 and 2024.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2025

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Litigation

From time to time, the Company is involved in various legal proceedings in the ordinary course of business. For example, to the extent a claim is asserted by a third party in a lawsuit against one of the Company’s insureds covered by a particular policy, the Company may have a duty to defend the insured party against the claim. These claims may relate to bodily injury, property damage or other compensable injuries as set forth in the policy. Such proceedings are considered in estimating the liability for loss and LAE expenses.

Office Leases

The Company enters into lease agreements for real estate that is primarily used for office space in the ordinary course of business. These leases are accounted for as operating leases, whereby lease expense is recognized on a straight-line basis over the term of the lease. See Note 2 - Accounting Policies for additional information regarding the accounting for leases.

On February 10, 2025, KICO entered into a lease agreement for an office facility located in Kingston, New York under an operating lease. The lease commenced on March 1, 2025 (the "Commencement Date") and will expire on March 31, 2030. KICO has the option to renew the lease for an additional term of five years. KICO may terminate the lease anytime following the third anniversary of the Commencement Date if its insurance business is sold or substantially all of the Company's assets are sold. Base rent over the term of the lease is $269,777 plus a proportionate share of taxes, common area maintenance costs and insurance.

The Company was a party to a non-cancellable operating lease, dated March 27, 2015, for its office facility for KICO located in Valley Stream, New York which expired on March 31, 2024. The lease was not renewed.

Additional information regarding the Company’s office operating leases is as follows:


Lease cost	Year ended December 31, 2025			Year ended December 31, 2024
Operating lease	$	44,638		$	41,342
Total lease cost	$	44,638		$	41,342

Other information on operating leases
Cash payments included in the measurement of lease
liability reported in operating cash flows	$	40,845		$	49,145
Discount rate	13.75		%	5.50		%
Remaining lease term in years	4.16			—

Operating lease right-of-use assets, included in other assets, were $136,209 and $0 as of December 31, 2025 and 2024, respectively. Operating lease right-of-use liabilities, included in accounts payable, accrued expenses and other liabilities, were $136,209 and $0 as of December 31, 2025 and 2024, respectively.

Rent expense for the years ended December 31, 2025 and 2024 amounted to $44,638 and $41,342, respectively, and is included in the accompanying Consolidated Statements of Income and Comprehensive Income within other underwriting expenses.

Employment Agreements

Meryl Golden, President and Chief Executive Officer; formerly Chief Operating Officer

Employment Agreement effective as of January 1, 2023

On June 27, 2022, the Company and Ms. Golden entered into a second amended and restated employment agreement which took effect as of January 1, 2023, and expired on December 31, 2024 (the “Second Amended Golden Employment Agreement”).

Pursuant to the Second Amended Golden Employment Agreement, Ms. Golden was entitled to receive an annual base salary of $500,000 and an annual bonus equal to 3% of the Company’s consolidated income from operations before taxes, exclusive of the Company’s consolidated net investment income (loss), net unrealized gains (losses) on equity securities and net realized gains (losses) on investments, up to a maximum of 1.25 times her base salary. In addition, pursuant to the Second Amended Golden Employment Agreement, Ms. Golden was granted, under the terms of the 2014 Plan, during each of January 2023 and January 2024, a number of shares of restricted stock determined by dividing $136,500 by the fair market value of the Company’s Common Stock on the date of grant. In January 2023, Ms. Golden was granted 101,111 shares of restricted stock pursuant to this provision. The 2023 grant vested with respect to one-half of the award on the first anniversary of the grant date and one-half of the award on December 31, 2024, based on the continued provision of services through such dates. In January 2024, Ms. Golden was granted 64,085 shares of restricted stock pursuant to this provision. The 2024 grant vested on January 2, 2025, based on the continued provision of services through such date. Further, pursuant to the Second Amended Golden Employment Agreement, Ms. Golden would be entitled to receive, under certain circumstances, a payment equal to 1.5 times her then annual base salary and her accrued bonus in the event of the termination of her employment within eighteen months following a change of control of the Company.

Effective as of October 1, 2023, Ms. Golden was appointed to the position of President and Chief Executive Officer of the Company.

Employment Agreement to be effective as of January 1, 2025

On April 15, 2024, the Company and Ms. Golden entered into a third amended and restated employment agreement (the “Third Amended Golden Employment Agreement”). The Third Amended Golden Employment Agreement was effective as of January 1, 2025 and, as amended, extends the expiration date of the Second Amended Golden Employment Agreement currently in effect for Ms. Golden from December 31, 2025 to January 10, 2027. Pursuant to the Third Amended Golden Employment Agreement, Ms. Golden is entitled to receive an annual base salary of $550,000 (increased from $500,000 previously in effect) and an annual bonus equal to 3% of the Company’s consolidated income from operations before taxes, exclusive of the Company’s consolidated net investment income (loss), net unrealized gains (losses) on equity securities and net realized gains (losses) on investments, up to a maximum of 1.25 times her base annual salary (the same as previously in effect). Pursuant to the Third Amended Golden Employment Agreement (and as provided for in the Second Amended Golden Employment Agreement), in the event that Ms. Golden’s employment is terminated by the Company without cause or she resigns for good reason (each as defined in the Third Amended Golden Employment Agreement), Ms. Golden would be entitled to receive her base salary and the 3% bonus for the remainder of the term. Ms. Golden would be entitled, under certain circumstances, to a payment equal to 1.5 times her then annual salary and her accrued 3% bonus in the event of the termination of her employment following a change of control of the Company (also as is provided for in the Second Amended Golden Employment Agreement). Pursuant to the Third Amended Golden Employment Agreement, Ms. Golden received during January 2025, and January 2026, a grant of 40,000 shares of restricted stock. The 2025 grant will become vested with respect to one-half of the award on the first anniversary of the grant date and one-half on December 31, 2026. The 2026 grant will become vested on the first anniversary of the grant date.

Randy Patten, Chief Financial Officer, Vice President and Treasurer (effective August 25, 2025)

On July 23, 2025, the Company and Randy Patten entered into an employment agreement (the “Patten Employment Agreement”) pursuant to which Mr. Patten serves as the Company’s Chief Financial Officer, Vice President and Treasurer. Mr. Patten also serves as KICO’s Chief Financial Officer, Vice President and Treasurer. The Patten Employment Agreement was effective as of August 25, 2025 (the "Effective Date") and will expire on August 25, 2028 (the "Expiration Date"). The term of the Patten Employment Agreement shall automatically be extended for one year periods beyond the Expiration Date unless either party provides written notice to the other party, no later than four months preceding the Expiration Date (or the end of the term, if extended), of its or his desire that the term not be extended.

Pursuant to the Patten Employment Agreement, Mr. Patten is entitled to receive an annual base salary of $400,000 and shall participate in the Company's Bonus Plan, including with respect to the SLT RSA bonus, each as described in Note 16 – Employee Benefit Plans, Employee Bonus Plan. In accordance with the Bonus Plan, Mr. Patten's cash bonus target will be 25% of his base salary. Pursuant to the Patten Employment Agreement, Mr. Patten's minimum cash bonus for the calendar year ended December 31, 2025 was $35,000.

On September 12, 2025, the Company paid to Mr. Patten a sign-on bonus of $200,000 (the “Sign-on Bonus”). In the event that, prior to the first anniversary of the Effective Date, Mr. Patten's employment with the Company is terminated by the Company for cause (as defined in the Patten Employment Agreement) or by Mr. Patten without good reason (as defined in the Patten Employment Agreement), Mr. Patten would be obligated to promptly repay the Sign-on Bonus to the Company. At its option, the Company shall have the right to offset such Sign-on Bonus repayment obligation against any and all amounts payable to Mr. Patten.

Pursuant to the Patten Employment Agreement, Mr. Patten was entitled to receive a restricted stock grant of a number of shares of Common Stock determined by dividing $600,000 by the fair market value of the Company’s Common Stock on the date of grant. On the Effective Date, Mr. Patten was granted 43,290 shares of restricted stock pursuant to this provision. Such stock grant will become vested with respect to 25% of the award on each of the first and second anniversaries of the grant date and 50% on the third anniversary of the grant date.

Barry Goldstein, formerly Executive Chairman of the Board, President and Chief Executive Officer (retired effective September 10, 2024)

Upon Mr. Goldstein's retirement on September 10, 2024, the balance of his previously unvested shares became fully vested.

Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2025

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

The following is a summary of unaudited quarterly results of operations for the years ended December 31, 2025 and 2024:


	2025
	March 31,		June 30,		September 30,		December 31,		Total

Net premiums earned	$	43,523,063	$	46,215,260	$	47,925,053	$	49,463,346	$	187,126,722
Ceding commission revenue	2,958,691		3,081,556		4,900,401		4,734,323		15,674,971
Net investment income	2,048,596		2,300,267		2,499,071		2,950,830		9,798,764
Net (losses) gains on investments	(137,979)		546,451		182,122		(900,588)		(309,994)
Realized gain on sale of real estate	1,965,989		—		—		—		1,965,989
Total revenues	50,498,775		52,294,779		55,652,490		56,421,257		214,867,301
Loss and loss adjustment expenses	27,175,078		17,927,162		21,232,324		17,931,158		84,265,722
Commission expense and
other underwriting expenses	16,718,302		18,356,996		18,666,524		18,703,749		72,445,571
Net income	3,882,660		11,252,332		10,872,475		14,759,661		40,767,128
Basic earnings per share	$	0.29	$	0.81	$	0.77	$	1.04	$	2.93
Diluted earnings per share	$	0.27	$	0.78	$	0.74	$	1.03	$	2.88


	2024
	March 31,		June 30,		September 30,		December 31,		Total

Net premiums earned	$	28,819,902	$	30,303,612	$	33,407,194	$	35,967,212	$	128,497,920
Ceding commission revenue	4,567,111		4,561,961		4,741,676		4,967,198		18,837,946
Net investment income	1,502,860		1,764,596		1,649,673		1,906,461		6,823,590
Net gains (losses) on investments	726,391		(233,606)		826,522		(904,756)		414,551
Total revenues	35,765,177		36,502,115		40,771,728		42,103,083		155,142,103
Loss and loss adjustment expenses	17,859,587		14,238,308		13,027,597		17,509,224		62,634,716
Commission expense and
other underwriting expenses	13,732,417		14,133,005		15,898,844		15,857,794		59,622,060
Net income	1,426,679		4,514,937		6,978,145		5,438,675		18,358,436
Basic earnings per share	$	0.13	$	0.41	$	0.61	$	0.44	$	1.60
Diluted earnings per share	$	0.12	$	0.37	$	0.55	$	0.40	$	1.48

Due to changes in number of shares outstanding from quarter to quarter, the total earnings per share of the four quarters may not necessarily equal the total earnings per share for the year.

Debt (Tables)

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Schedule of Debt

Debt as of December 31, 2025 and 2024 consists of the following:


	December 31,
	2025		2024

13.75% Senior Notes due 2026, net	$	—	$	5,508,000
Equipment financing	4,440,127		5,663,420
Balance at end of period	$	4,440,127	$	11,171,420

The balance of the 2024 Notes as of December 31, 2025 and December 31, 2024 was as follows:


	December 31, 2025		December 31, 2024

13.75% Senior Notes due 2026	$	—	$	5,950,000
Warrants	—		(256,909)
Issuance costs	—		(185,091)
2024 Notes, net	$	—	$	5,508,000

Schedule of Future Contractual Payment Obligations

Future contractual payment obligations under the Financing as of December 31, 2025 are as follows:


For the Year Ending December 31,	Total
2026	1,296,900
2027	1,119,021
	2,415,921
2027 purchase price	2,024,206
Total	$	4,440,127

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2025
Accounting Policies [Abstract]
Principles of Consolidation	The consolidated financial statements include the accounts of Kingstone and its wholly owned subsidiaries: (1) KICO and its wholly owned subsidiaries, CMIC Properties, Inc. and 15 Joys Lane, LLC, which together, until March 2025, owned the land and building from which KICO operated (see Note 20 - Sale of Real Estate), and (2) Cosi. All significant inter-company account balances and transactions have been eliminated in consolidation.
Use of Estimates	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and assumptions, and includes the reserves for losses and LAE, which are subject to estimation errors due to the inherent uncertainty in projecting ultimate claim amounts that will be reported and settled over a period of many years. In addition, estimates and assumptions associated with receivables under reinsurance contracts related to contingent ceding commission revenue require judgments by management. On an ongoing basis, management reevaluates its assumptions and the methods for calculating these estimates. Actual results may differ significantly from the estimates used in preparing the consolidated financial statements.
Revenue Recognition	Net Premiums Earned Insurance policies issued by the Company are short-duration contracts. Accordingly, premium revenues, net of premiums ceded to reinsurers, are recognized as earned in proportion to the amount of insurance protection provided, on a pro-rata basis over the terms of the underlying policies. Unearned premiums represent premiums applicable to the unexpired portions of in-force insurance contracts at the end of each year. Ceding Commission Revenue Commissions on reinsurance premiums ceded are earned in a manner consistent with the recognition of the costs of the reinsurance, generally on a pro-rata basis over the terms of the policies reinsured. Unearned amounts are recorded as deferred ceding commission revenue. Certain reinsurance agreements contain provisions whereby the ceding commission rates vary based on the loss experience under the agreements. The Company records ceding commission revenue based on its current estimate of subject losses. The Company records adjustments to ceding commission revenue in the period that changes in the estimated losses are determined.
Loss and Loss Adjustment Expenses ("LAE") Reserves	The liability for loss and LAE represents management’s best estimate of the ultimate cost of all reported and unreported losses that are unpaid as of the balance sheet date. The liability for loss and LAE is estimated on an undiscounted basis, using individual case-basis valuations, statistical analyses and various actuarial reserving methodologies. The projection of future claim payment and reporting is based on an analysis of the Company’s historical experience, supplemented by analyses of industry loss data. Management believes that the reserves for loss and LAE are adequate to cover the ultimate cost of losses and claims to date; however, because of the uncertainty from various sources, including changes in reporting patterns, claims settlement patterns, judicial decisions, legislation, and economic conditions, actual loss experience may not conform to the assumptions used in determining the estimated amounts for such liability at the balance sheet date. Adjustments to these estimates are reflected in expense for the period in which the estimates are changed. Because of the nature of the business historically written, management believes that the Company has limited exposure to environmental claim liabilities.
Reinsurance	In the normal course of business, the Company seeks to reduce the loss that may arise from catastrophes or other events that cause unfavorable underwriting results. This is done by reinsuring certain levels of risk in various areas of exposure with a panel of financially secure reinsurance carriers. Reinsurance receivables represents management’s best estimate of paid and unpaid loss and LAE recoverable from reinsurers, and ceded losses receivable and unearned ceded premiums under reinsurance agreements. Ceded losses receivable are estimated using techniques and assumptions consistent with those used in estimating the liability for loss and LAE. Management believes that reinsurance receivables as recorded represent its best estimate of such amounts; however, as changes in the estimated ultimate liability for loss and LAE are determined, the estimated ultimate amount receivable from the reinsurers will also change. Accordingly, the ultimate receivable could be significantly in excess of or less than the amount recorded in the consolidated financial statements. Adjustments to these estimates are reflected in the period in which the estimates are changed. Loss and LAE incurred as presented in the Consolidated Statements of Income and Comprehensive Income are net of reinsurance recoveries. Management has evaluated its reinsurance arrangements and determined that significant insurance risk is transferred to the reinsurers. Reinsurance agreements have been determined to be short-duration prospective contracts and, accordingly, the costs of the reinsurance are recognized over the remaining contract period in proportion to the reinsurance protection provided, or recorded periodically, as per the terms of the contract, in a direct relationship to the gross premium recording. Management estimates uncollectible amounts receivable from reinsurers based on an assessment of factors including the creditworthiness of the reinsurers and the adequacy of collateral obtained, where applicable. There was no allowance for uncollectible reinsurance credit losses as of December 31, 2025 and 2024. The Company did not expense any uncollectible reinsurance for the years ended December 31, 2025 and 2024. Significant uncertainties are inherent in the assessment of the creditworthiness of reinsurers and estimates of any uncollectible amounts due from reinsurers. Any change in the ability of the Company’s reinsurers to meet their contractual obligations could have a material adverse effect on the consolidated financial statements as well as KICO’s ability to meet its regulatory capital and surplus requirements. The Company presents its net reinsurance receivables separately from its reinsurance balances payable in accordance with Accounting Standards Codification ("ASC") 210. Additionally, prepaid premiums for excess of loss and catastrophe reinsurance treaties are presented net in reinsurance balances payable as a reduction to reinsurance premiums payable as they meet the net accounting criteria of ASC 210. The Company has entered into reinsurance agreements wherein the right of offset exists in accordance with ASC 210.
Credit Losses	The Company accounts for credit losses on receivables and held-to-maturity securities in accordance with ASC 326.
Cash and Cash Equivalents	The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company maintains its cash balances at several financial institutions.
Investments	The Company classifies its fixed-maturity securities as either held-to-maturity or available-for-sale. Fixed-maturity securities that the Company has the specific intent and ability to hold until maturity are classified as such and carried at amortized cost. Available-for-sale securities are reported at their estimated fair values based on quoted market prices from recognized pricing services, adjusted for an allowance for expected credit losses, with unrealized gains and losses, net of tax effects, reported as a separate component of accumulated other comprehensive loss. Realized gains and losses are determined on the specific identification method and reported in net income in the consolidated statements of income and comprehensive income. Equity securities are reported at their estimated fair values based on quoted market prices from recognized pricing services, with unrealized gains and losses reported in net (losses) gains on investments in the consolidated statements of income and comprehensive income. Other investments are reported at their estimated fair values using the net asset value (“NAV”) per share (or its equivalent) of the instrument with unrealized gains and losses reported in net (losses) gains on investments in the Consolidated Statements of Income and Comprehensive Income. See Note - 3, Investments for additional discussion. The Company reviews all debt securities with unrealized losses on a quarterly basis to assess whether the decline in the securities’ fair value necessitates the recognition of an allowance for credit losses. Factors considered in the review include the extent to which the fair value has been less than amortized cost, current market interest rates and whether the unrealized loss is credit-driven or a result of changes in market interest rates. The Company also considers factors specific to the issuer including the general financial condition of the issuer, the issuer's industry and future business prospects, any past failure of the issuer to make scheduled interest or principal payments, the payment structure of the investment and the issuer's ability to make contractual payments on the investment. The Company may sell its available-for-sale securities, equity securities, and other investments in response to changes in interest rates, risk/reward characteristics, liquidity needs or other factors. Investment income is accrued to the balance sheet dates of the consolidated financial statements and includes amortization of premium and accretion of discount on fixed-maturity securities. Interest is recognized when earned, while dividends are recognized when declared. Due and accrued investment income totaled approximately $2,083,000 and $1,697,000 as of December 31, 2025 and 2024, respectively, and is included in other assets on the accompanying consolidated balance sheets. For fixed-maturity securities where a decline in fair value is below the amortized cost basis and the Company intends to sell the security, or it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost, a credit-loss charge is recognized in net loss based on the fair value of the security at the time of assessment. For available-for-sale fixed maturity securities, a credit loss exists if the present value of cash flows expected to be collected is less than the amortized cost basis. The allowance for credit loss related to available-for-sale fixed maturity securities is the difference between the present value of cash flows expected to be collected and the amortized cost basis, limited by the amount that the fair value is less than the amortized cost basis. The Company considers all available evidence when determining whether an investment requires a credit loss write-down or allowance to be recorded, which is recognized in net loss through an allowance for credit losses. Any remaining decline in fair value represents the noncredit portion of the impairment, which is recognized in other comprehensive income, net of tax. The Company has made a policy election to present accrued interest balances separately from the amortized cost basis of assets and has elected the practical expedient to exclude the accrued interest from the tabular disclosures for available-for-sale and held-to-maturity securities. The Company has elected not to estimate an allowance for credit losses on accrued interest receivable. The accrual of interest income is discontinued, and the asset is placed on nonaccrual status in the quarter that payment becomes delinquent. Interest accrued but not received for assets on nonaccrual status is reversed through investment income. Interest received for assets that are on nonaccrual status is recognized as payment is received. The asset is returned to accrual status when the principal and interest amounts contractually due are brought current and future payments are expected. The Company did not identify any available-for-sale securities as of December 31, 2025 and 2024 which presented a risk of loss due to credit deterioration of the security.
Premiums Receivable	Premiums receivable include balances due currently or in the future and are presented net of an allowance for credit losses of approximately $21,000 and $402,000 as of December 31, 2025 and 2024, respectively. The allowance for credit losses is based on an analysis of amounts receivable giving consideration to historical loss experience and current economic conditions and reflects an amount that, in management’s judgment, is adequate. Uncollectible premiums receivable balances of approximately $600,000 and $115,000 were written off for the years ended December 31, 2025 and 2024, respectively. The Company evaluates cancellations after the balance sheet date and has recorded a cancellation reserve of approximately $357,000 as of December 31, 2025. As of December 31, 2024, the Company has determined that the cancellations were not material; therefore no additional cancellation reserve was recognized as of December 31, 2024.
Deferred Policy Acquisition Costs	Policy acquisition costs represent the costs of writing business that vary with, and are primarily related to, the successful production of insurance business (principally commissions, premium taxes and certain underwriting salaries). Policy acquisition costs are deferred and recognized as expense as the related premiums are earned.
Intangible Assets	The Company has recorded acquired identifiable intangible assets. The cost of a group of assets acquired in a transaction is allocated to the individual assets including identifiable intangible assets based on their fair values. Identifiable intangible assets with a finite useful life are amortized over the period that the asset is expected to contribute directly or indirectly to the future cash flows of the Company. Intangible assets with an indefinite life are not amortized, but are subject to impairment testing if events or changes in circumstances indicate that it is more likely than not the asset is impaired. All identifiable intangible assets are tested for recoverability whenever events or changes in circumstances indicate that a carrying amount may not be recoverable. No impairment losses from intangible assets were recognized for the years ended December 31, 2025 and 2024.
Property and Equipment	Building and building improvements, automobiles, furniture, computer equipment, and computer software are reported at cost less accumulated depreciation. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. The Company estimates the useful life for computer equipment, automobiles, furniture and other equipment is three years, computer software is three to five years, and building and building improvements is 39 years. The Company reviews the remaining land that was part of its real estate assets that had been used as its headquarters to evaluate the necessity of recording impairment losses for market changes due to declines in the estimated fair value of the property. In evaluating potential impairment, management considers the current estimated fair value compared to the carrying value of the asset. At December 31, 2025 and 2024, the fair value of the real estate assets is estimated to be in excess of the carrying value. See Note 20 - Sale of Real Estate.
Income Taxes	Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax basis and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company files a consolidated tax return with its subsidiaries. At December 31, 2025 and 2024, the Company had no material unrecognized tax benefits and no adjustments to liabilities or operations were required.
Concentration, Credit Risk and Market Risk	Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash and cash equivalents, investments, and premium and reinsurance receivables. At times, cash may be uninsured or in deposit accounts that exceed Federal Deposit Insurance Corporation (“FDIC”) insurance limits. The Company has not experienced any losses on such accounts and management believes the Company is not exposed to any significant credit risk. Stressed conditions, volatility and disruptions in capital markets or financial asset classes can have an adverse effect on the Company, in part because the Company has a large investment portfolio supporting the Company’s insurance liabilities, which are sensitive to changing market factors. These market factors, which include interest rates, credit spread, equity prices, and the volatility and strength of the capital markets, all affect the business and economic environment and, ultimately, the profitability of the Company’s business. The Company manages its investments to limit credit and other market risks by diversifying its portfolio among various security types and industry sectors based on KICO’s investment committee guidelines, which employ a variety of investment strategies. At December 31, 2025, the outstanding premiums receivable balance is generally diversified due to the large number of individual insureds comprising the Company’s customer base. For the years ended December 31, 2025 and 2024, 98.0% and 96.0%, respectively, of KICO’s direct written premiums came from policies written in the state of New York. The Company also has receivables from its reinsurers. Reinsurance contracts do not relieve the Company of its obligations to policyholders. Failure of reinsurers to honor their obligations could result in losses to the Company. The Company periodically evaluates the financial condition of its reinsurers to minimize its exposure to significant losses from reinsurer insolvencies. See Note 7- Reinsurance for reinsurance recoverables on unpaid and paid losses by reinsurers. Management’s policy is to review all outstanding receivables quarterly as well as the bad debt write-offs experienced in the past and establish an allowance for credit losses, if deemed necessary.
Earnings per share	Basic earnings per common share is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per common share reflects, in periods in which they have a dilutive effect, the impact of common shares issuable upon the exercise of stock options and warrants as well as non-vested restricted stock awards. The computation of diluted earnings per share excludes those options and warrants with an exercise price in excess of the average market price of the Company’s common shares during the periods presented. Additionally, the computation of diluted earnings per share excludes unvested restricted stock awards as calculated using the treasury stock method.
Advertising Costs	Advertising costs are charged to operations as incurred. Advertising costs are included in other underwriting expenses in the accompanying Consolidated Statements of Income and Comprehensive Income were approximately $130,000 and $100,000 for the years ended December 31, 2025 and 2024, respectively.
Stock-based Compensation	Stock-based compensation expense in 2025 and 2024 is the estimated fair value of restricted stock awards and options granted, amortized on a straight-line basis over the requisite service period for the entire portion of the award less an estimate for anticipated forfeitures. The Company uses the “simplified” method to estimate the expected term of the options because the Company’s historical share option exercise experience does not provide a reasonable basis upon which to estimate expected term.
Warrants	The Company’s warrants are accounted for as equity in accordance with ASC 480-10, Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity. The Company’s warrants are accounted for at fair value on the issuance date. On December 29, 2025, the remaining outstanding warrants were exercised. The Company has no outstanding warrants as of December 31, 2025.
Compensated Absences	Employees of the Company are entitled to paid time off, sick days, and other time off depending on job classification, length of service and other factors. The Company has determined it is impracticable to estimate the amount of compensation of future absences and, accordingly, no liability has been recorded in the accompanying consolidated financial statements. The Company’s policy is to recognize the cost of compensated absences when paid to employees.
Leases	The Company records operating leases in accordance with ASC 842, Leases ("Topic 842"). Under Topic 842, the Company recognizes a right-of-use-asset and corresponding liability on the balance sheet for all leases, except for leases covering a period of fewer than 12 months. The liability has been measured at the present value of the future minimum lease payments taking into account renewal options if applicable plus initial incremental direct costs such as commissions. The minimum payments are discounted using the Company’s incremental borrowing rate. The right-of-use asset is amortized as rent expense on a straight-line basis (See Note 17 - Commitments and Contingencies - Office Leases).
Comprehensive Income	Comprehensive income is comprised of revenues, expenses, gains and losses that are included in comprehensive income but are excluded from net income as these amounts are recorded directly as an adjustment to stockholders' equity, and result primarily from changes in unrealized gains and losses on available-for-sale securities, net of the related income taxes. The Company releases the related deferred tax effects from accumulated other comprehensive income (loss) into income at the time when the unrealized gains or losses are reclassified to earnings, which generally occurs when an available-for-sale security is sold, matures, or is determined to be other-than-temporarily impaired.
Accounting Changes	In November 2023, the Financial Accounting Standards Board (the "FASB") issued ASU No. 2023-07, Improvements to Reportable Segment Disclosures ("ASU 2023-07"), which introduces improvements to the information that a public entity discloses about its reportable segments and addresses investor requests for more information about reportable segment expenses. ASU 2023-07 does not change the current guidance related to the identification of operating segments, the determination of reportable segments, or the aggregation criteria. Rather, the new guidance introduces additional disclosure requirements and expands those requirements to entities with a single reportable segment, not just entities with multiple reportable segments. ASU 2023-07 is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Company retrospectively adopted ASU 2023-07 effective December 31, 2024, and has added the required disclosures for entities with a single reportable segment for the years ended December 31, 2025 and December 31, 2024. See Note 19 - Segment Reporting. In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures (“ASU 2023-09”), which requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as information on income taxes paid. The standard is intended to benefit investors by providing more detailed income tax disclosures that would be useful in making capital allocation decisions. ASU-2023-09 is effective for public companies with annual periods beginning after December 15, 2024. The Company prospectively adopted ASU-2023-09 effective December 31, 2025, and has added the required disclosures that meet the materiality thresholds for the year ended December 31, 2025. See Note 15 – Income Taxes. The adoption of the guidance updated disclosures but did not have an impact on the Company's results of operations.
Recent Accounting Pronouncements	In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses ("ASU 2024-03"). ASU 2024-03 requires disaggregated disclosure of income statement expenses. ASU 2024-03 does not change the expense captions currently presented on the income statement; rather it requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. ASU 2024-03 is effective for annual reporting periods as amended by ASU 2025-01, beginning after December 15, 2026, and interim reporting periods within fiscal years beginning after December 15, 2027. ASU 2024-03 can be applied on a prospective basis; however, retrospective application is permitted. Early adoption is permitted. The Company is currently evaluating the effect the updated guidance will have on its financial statement disclosures. The Company has determined that all other recently issued accounting pronouncements will not have a material impact on its consolidated financial position, results of operations and cash flows, or do not apply to its operations.

Intangibles Assets (Tables)

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The components of intangible assets and their useful lives, accumulated amortization, and net carrying value as of December 31, 2025 and 2024 are summarized as follows:


	Useful Life (in yrs)	Gross Carrying Value		Accumulated Amortization		Net Carrying Amount
Insurance license	-	$	500,000	$	-	$	500,000
Customer relationships	10	3,400,000		3,400,000		-
Other identifiable
intangibles	7	950,000		950,000		-
Total		$	4,850,000	$	4,350,000	$	500,000

Investments (Tables)

12 Months Ended

Dec. 31, 2025

Investments [Abstract]

Schedule of Fixed-Maturity Securities Classified as Available-for-Sale

The amortized cost, estimated fair value, and unrealized gains and losses on investments in fixed-maturity securities classified as available-for-sale as of December 31, 2025 and 2024 are summarized as follows:


	December 31, 2025

	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Gains (Losses)
Category					Less than 12 Months		More than 12 Months

Fixed-Maturity Securities:
U.S. Treasury securities and obligations of U.S. government corporations and agencies (1)	$	997,124	$	10,066	$	—	$	—	$	1,007,190	$	10,066
Political subdivisions of States, Territories and Possessions (1)	24,125,578		182,580		—		(2,534,725)		21,773,433		(2,352,145)
Corporate and other bonds Industrial and miscellaneous (1)	131,958,643		567,410		(118,901)		(2,540,470)		129,866,682		(2,091,961)
Residential mortgage and other asset backed securities (1) (2)	139,656,710		1,273,816		(62,968)		(4,477,673)		136,389,885		(3,266,825)
Total fixed-maturity securities	$	296,738,055	$	2,033,872	$	(181,869)	$	(9,552,868)	$	289,037,190	$	(7,700,865)


	December 31, 2024

	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Losses
Category					Less than 12 Months		More than 12 Months

Fixed-Maturity Securities:
U.S. Treasury securities and obligations of U.S. government corporations and agencies (1)	$	—	$	—	$	—	$	—	$	—	$	—
Political subdivisions of States, Territories and Possessions	24,271,177		—		(73,589)		(3,324,491)		20,873,097		(3,398,080)
Corporate and other bonds Industrial and miscellaneous	112,507,436		—		(1,024,461)		(4,690,597)		106,792,378		(5,715,058)
Residential mortgage and other asset backed securities (2)	65,529,545		119,647		(209,890)		(6,211,339)		59,227,963		(6,301,582)
Total fixed-maturity securities	$	202,308,158	$	119,647	$	(1,307,940)	$	(14,226,427)	$	186,893,438	$	(15,414,720)

(1)In October 2022, KICO placed certain U.S. Treasury securities to fulfill the required collateral for a sale leaseback transaction in a designated custodian account (see Note 9 – Debt - “Equipment Financing”). As of December 31, 2024 KICO had sold its U.S. Treasury securities and replaced a portion of its other fixed-maturity securities in the designated custodian account, As of December 31, 2025 and 2024, the amount of required collateral was approximately $3,616,000 and $5,308,000, respectively. As of December 31, 2025 and 2024, the estimated fair value of the eligible collateral was approximately $3,616,000 and $5,308,000, respectively.

(2)KICO has placed certain residential mortgage backed securities as eligible collateral in a designated custodian account related to its membership in the Federal Home Loan Bank of New York ("FHLBNY") (see Note 9 – Debt – “Federal Home Loan Bank”). The eligible collateral would be pledged to FHLBNY if KICO draws an advance from the FHLBNY credit line. As of December 31, 2025, the estimated fair value of the eligible investments was approximately $9,598,000. KICO will retain all rights regarding all securities if pledged as collateral. As of December 31, 2025 and 2024 there was no outstanding balance on the FHLBNY credit line.

Schedule of Available for Sale Fixed Maturity Securities Contractual Maturity

A summary of the amortized cost and estimated fair value of the Company’s investments in available-for-sale fixed-maturity securities by contractual maturity as of December 31, 2025 and 2024 is shown below:


	December 31, 2025				December 31, 2024
Remaining Time to Maturity	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value

Less than one year	$	6,039,179	$	6,052,600	$	9,522,262	$	9,484,834
One to five years	76,122,161		75,365,535		68,052,387		66,141,372
Five to ten years	54,998,070		53,590,654		38,159,446		34,068,922
More than 10 years	19,921,935		17,638,516		21,044,518		17,970,347
Residential mortgage and other asset backed securities	139,656,710		136,389,885		65,529,545		59,227,963
Total	$	296,738,055	$	289,037,190	$	202,308,158	$	186,893,438

Schedule of Equity Securities

The cost and estimated fair value of, and gross unrealized gains and losses on, investments in equity securities as of December 31, 2025 and 2024 are as follows:


	December 31, 2025
Category	Cost		Gross Gains		Gross Losses		Estimated Fair Value

Equity Securities:
Preferred stocks	$	9,750,322	$	-	$	(2,765,627)	$	6,984,695
Fixed income exchange traded funds	3,711,232		-		(724,432)		2,986,800
FHLBNY common stock	85,100		-		-		85,100
Total	$	13,546,654	$	-	$	(3,490,059)	$	10,056,595


	December 31, 2024
Category	Cost		Gross Gains		Gross Losses		Estimated Fair Value

Equity Securities:
Preferred stocks	$	9,750,322	$	-	$	(2,422,617)	$	7,327,705
Fixed income exchange traded funds,	3,711,232		-		(808,432)		2,902,800
FHLBNY common stock	66,000		-		-		66,000
Total	$	13,527,554	$	-	$	(3,231,049)	$	10,296,505

Schedule of Other Investments

The cost and estimated fair value of, and gross unrealized gains on, the Company’s other investments as of December 31, 2025 and 2024 are as follows:


	December 31, 2025						December 31, 2024
Category	Cost		Gross Gains		Estimated Fair Value		Cost		Gross Gains		Estimated Fair Value

Other Investments:
Hedge fund	$	1,987,040	$	2,565,338	$	4,552,378	$	1,987,040	$	2,393,616	$	4,380,656

The Company may withdraw any or all of its interest in the Hedge Fund by written request at least 45 days prior to the applicable withdrawal date,

Schedule of Held to Maturity Securities

The cost or amortized cost and estimated fair value of, and gross unrealized gains and losses on, investments in held-to-maturity fixed-maturity securities as of December 31, 2025 and 2024 are summarized as follows:


	December 31, 2025
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Losses
Category					Less than 12 Months		More than 12 Months

Held-to-Maturity Securities:
U.S. Treasury securities	$	1,229,490	$	-	$	(3,070)	$	(22,083)	$	1,204,337	$	(25,153)




Exchange traded debt	304,111		-		-		(62,111)		242,000		(62,111)
Corporate and other bonds
Industrial and miscellaneous	4,508,747		-		-		(817,817)		3,690,930		(817,817)
Total	$	6,042,348	$	-	$	(3,070)	$	(902,011)	$	5,137,267	$	(905,081)


	December 31, 2024
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Losses
Category					Less than 12 Months		More than 12 Months

Held-to-Maturity Securities:
U.S. Treasury securities	$	1,229,170	$	-	$	(39,630)	$	(15,990)	$	1,173,550	$	(55,620)
Political subdivisions of States,
Territories and Possessions	499,719		-		(654)		-		499,065		(654)
Exchange traded debt	304,111		-		-		(55,611)		248,500		(55,611)
Corporate and other bonds
Industrial and miscellaneous	5,014,342		-		-		(976,192)		4,038,150		(976,192)
Total	$	7,047,342	$	-	$	(40,284)	$	(1,047,793)	$	5,959,265	$	(1,088,077)

Schedule of Held to Maturity Securities by Contractual Maturity

A summary of the amortized cost and the estimated fair value of the Company’s investments in held-to-maturity securities by contractual maturity as of December 31, 2025 and 2024 is shown below:


	December 31, 2025				December 31, 2024
Remaining Time to Maturity	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value


Less than one year	$	-	$	-	$	499,719	$	499,065
One to five years	2,063,366		2,029,462		622,375		600,288
Five to ten years	-		-		1,427,579		1,323,600
More than 10 years	3,978,982		3,107,805		4,497,669		3,536,312
Total	$	6,042,348	$	5,137,267	$	7,047,342	$	5,959,265

Schedule of Investment Income

Major categories of the Company’s net investment income are summarized as follows:


	Years ended December 31,
	2025		2024

Income:
Fixed-maturity securities	$	9,324,074	$	5,197,793
Equity securities	508,686		591,023
Cash and cash equivalents	344,837		1,215,861
Other	-		39,227
Total	10,177,597		7,043,904
Expenses:
Investment expenses	378,833		220,314
Net investment income	$	9,798,764	$	6,823,590

Schedule of Securities with Realized Gains and Losses on Investments

The Company’s net gains (losses) on investments for the years ended December 31, 2025 and 2024 are summarized as follows:


	Years ended December 31,
	2025		2024

Realized (Losses) Gains

Fixed-maturity securities:
Gross realized gains	$	16,152	$	1,287
Gross realized losses	(238,858)		(15,266)
	(222,706)		(13,979)

Equity securities:
Gross realized gains	-		374,997
Gross realized losses	-		(423,367)
	-		(48,370)

Net realized losses	(222,706)		(62,349)

Unrealized (Losses) Gains

Equity Securities:
Gross gains	-		308,210
Gross losses	(259,010)		(314,816)
	(259,010)		(6,606)

Other Investments:
Gross gains	171,722		483,506
Gross losses	-		-
	171,722		483,506

Net unrealized (losses) gains	(87,288)		476,900

Net (losses) gains on investments	$	(309,994)	$	414,551

Schedule of Available-for-Sale Securities with Unrealized Losses

The Company held available-for-sale fixed-maturity securities with unrealized losses representing declines that were considered temporary at December 31, 2025 and 2024 as follows:


	December 31, 2025
	Less than 12 months					12 months or more					Total
Category	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses
Fixed-Maturity Securities:

Political subdivisions of States, Territories and Possessions	$	-	$	-	-	$	13,926,802	$	(2,534,725)	12	$	13,926,802	$	(2,534,725)
Corporate and other bonds industrial and miscellaneous	21,525,673		(118,901)		24	34,677,856		(2,540,470)		38	56,203,529		(2,659,371)
Residential mortgage and other asset backed securities	18,055,734		(62,968)		20	29,673,084		(4,477,673)		31	47,728,818		(4,540,641)
Total fixed-maturity securities	$	39,581,407	$	(181,869)	44	$	78,277,742	$	(9,552,868)	81	$	117,859,149	$	(9,734,737)


	December 31, 2024
	Less than 12 months					12 months or more					Total
Category	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses

Fixed-Maturity Securities:


Political subdivisions of States, Territories and Possessions	$	7,705,370	$	(73,589)	6	$	13,167,726	(3,324,491)		12	$	20,873,096	$	(3,398,080)

Corporate and other bonds industrial and miscellaneous	51,411,296		(1,024,461)		60	55,381,083		(4,690,597)		68	106,792,379		(5,715,058)

Residential mortgage and other asset backed securities	19,315,521		(209,890)		22	35,206,442		(6,211,339)		36	54,521,963		(6,421,229)

Total fixed-maturity securities	$	78,432,187	$	(1,307,940)	88	$	103,755,251	$	(14,226,427)	116	$	182,187,438	$	(15,534,367)

Earnings Per Common Share - Narrative (Details) - shares	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Earnings Per Share [Abstract]
Options with exercise price in excess of market (in shares)	0	2,828

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Schedule of Deposits of Cash Equivalents

As of December 31, 2025 and 2024, the Company’s cash equivalents were as follows:


	December 31, 2025		December 31, 2024

Collateralized bank repurchase agreement (1)	$	194,158	$	788,833
Money market funds	571,014		1,676,626
Total	$	765,172	$	2,465,459

(1)The Company has a security interest in certain of the bank's holdings of direct obligations of the United States or one or more agencies thereof. The collateral is held in a hold-in-custody arrangement with a third party who maintains physical possession of the collateral on behalf of the bank.

Schedule of Concentration Risk

Direct premiums earned from lines of business in excess of 10% of the total, which subject the Company to concentration risk for the years ended December 31, 2025 and 2024, is as follows:


	Years ended December 31,
	2025		2024
Personal Lines	94.3	%	93.1	%
Premiums earned not subject to concentration (1)	5.7	%	6.9	%
Total premiums earned	100.0	%	100.0	%

(1)For the years ended December 31, 2025 and 2024, premiums earned not subject to concentration are comprised primarily of one line of business.

Debt - Schedule of Long Term Debt (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024	Sep. 12, 2024
Debt Instrument [Line Items]
Long-term debt	$ 4,440,127	$ 11,171,420
2024 Notes
Debt Instrument [Line Items]
Long-term debt, gross	0	5,950,000
Warrants	0	(256,909)
Issuance costs	0	(185,091)
Long-term debt	$ 0	$ 5,508,000
Stated interest rate (percent)	13.75%		13.75%

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 235
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477314/942-235-S99-2

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-4

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(f))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482949/835-30-55-8

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 55
-Paragraph 69C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481568/470-20-55-69C

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Topic 470
-SubTopic 20
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+ Details

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

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+ Details

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2025

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Basis of Presentation

The accompanying consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America ("GAAP").

Principles of Consolidation

The consolidated financial statements include the accounts of Kingstone and its wholly owned subsidiaries: (1) KICO and its wholly owned subsidiaries, CMIC Properties, Inc. and 15 Joys Lane, LLC, which together, until March 2025, owned the land and building from which KICO operated (see Note 20 - Sale of Real Estate), and (2) Cosi. All significant inter-company account balances and transactions have been eliminated in consolidation.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and assumptions, and includes the reserves for losses and LAE, which are subject to estimation errors due to the inherent uncertainty in projecting ultimate claim amounts that will be reported and settled over a period of many years. In addition, estimates and assumptions associated with receivables under reinsurance contracts related to contingent ceding commission revenue require judgments by management. On an ongoing basis, management reevaluates its assumptions and the methods for calculating these estimates. Actual results may differ significantly from the estimates used in preparing the consolidated financial statements.

Revenue Recognition

Net Premiums Earned

Insurance policies issued by the Company are short-duration contracts. Accordingly, premium revenues, net of premiums ceded to reinsurers, are recognized as earned in proportion to the amount of insurance protection provided, on a pro-rata basis over the terms of the underlying policies. Unearned premiums represent premiums applicable to the unexpired portions of in-force insurance contracts at the end of each year.

Ceding Commission Revenue

Commissions on reinsurance premiums ceded are earned in a manner consistent with the recognition of the costs of the reinsurance, generally on a pro-rata basis over the terms of the policies reinsured. Unearned amounts are recorded as deferred ceding commission revenue. Certain reinsurance agreements contain provisions whereby the ceding commission rates vary based on the loss experience under the agreements. The Company records ceding commission revenue based on its current estimate of subject losses. The Company records adjustments to ceding commission revenue in the period that changes in the estimated losses are determined.

Loss and Loss Adjustment Expenses ("LAE") Reserves

The liability for loss and LAE represents management’s best estimate of the ultimate cost of all reported and unreported losses that are unpaid as of the balance sheet date. The liability for loss and LAE is estimated on an undiscounted basis, using individual case-basis valuations, statistical analyses and various actuarial reserving methodologies. The projection of future claim payment and reporting is based on an analysis of the Company’s historical experience, supplemented by analyses of industry loss data. Management believes that the reserves for loss and LAE are adequate to cover the ultimate cost of losses and claims to date; however, because of the uncertainty from various sources, including changes in reporting patterns, claims settlement patterns, judicial decisions, legislation, and economic conditions, actual loss experience may not conform to the assumptions used in determining the estimated amounts for such liability at the balance sheet date. Adjustments to these estimates are reflected in expense for the period in which the estimates are changed. Because of the nature of the business historically written, management believes that the Company has limited exposure to environmental claim liabilities.

Reinsurance

In the normal course of business, the Company seeks to reduce the loss that may arise from catastrophes or other events that cause unfavorable underwriting results. This is done by reinsuring certain levels of risk in various areas of exposure with a panel of financially secure reinsurance carriers.

Reinsurance receivables represents management’s best estimate of paid and unpaid loss and LAE recoverable from reinsurers, and ceded losses receivable and unearned ceded premiums under reinsurance agreements. Ceded losses receivable are estimated using techniques and assumptions consistent with those used in estimating the liability for loss and LAE. Management believes that reinsurance receivables as recorded represent its best estimate of such amounts; however, as changes in the estimated ultimate liability for loss and LAE are determined, the estimated ultimate amount receivable from the reinsurers will also change. Accordingly, the ultimate receivable could be significantly in excess of or less than the amount recorded in the consolidated financial statements. Adjustments to these estimates are reflected in the period in which the estimates are changed. Loss and LAE incurred as presented in the Consolidated Statements of Income and Comprehensive Income are net of reinsurance recoveries.

Management has evaluated its reinsurance arrangements and determined that significant insurance risk is transferred to the reinsurers. Reinsurance agreements have been determined to be short-duration prospective contracts and, accordingly, the costs of the reinsurance are recognized over the remaining contract period in proportion to the reinsurance protection provided, or recorded periodically, as per the terms of the contract, in a direct relationship to the gross premium recording.

Management estimates uncollectible amounts receivable from reinsurers based on an assessment of factors including the creditworthiness of the reinsurers and the adequacy of collateral obtained, where applicable. There was no allowance for uncollectible reinsurance credit losses as of December 31, 2025 and 2024. The Company did not expense any uncollectible reinsurance for the years ended December 31, 2025 and 2024. Significant uncertainties are inherent in the assessment of the creditworthiness of reinsurers and estimates of any uncollectible amounts due from reinsurers. Any change in the ability of the Company’s reinsurers to meet their contractual obligations could have a material adverse effect on the consolidated financial statements as well as KICO’s ability to meet its regulatory capital and surplus requirements.

The Company presents its net reinsurance receivables separately from its reinsurance balances payable in accordance with Accounting Standards Codification ("ASC") 210. Additionally, prepaid premiums for excess of loss and catastrophe reinsurance treaties are presented net in reinsurance balances payable as a reduction to reinsurance premiums payable as they meet the net accounting criteria of ASC 210. The Company has entered into reinsurance agreements wherein the right of offset exists in accordance with ASC 210.

Credit Losses

The Company accounts for credit losses on receivables and held-to-maturity securities in accordance with ASC 326. See investments, premiums receivable and reinsurance.

Cash and Cash Equivalents

The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. The Company maintains its cash balances at several financial institutions.

Investments

The Company classifies its fixed-maturity securities as either held-to-maturity or available-for-sale. Fixed-maturity securities that the Company has the specific intent and ability to hold until maturity are classified as such and carried at amortized cost. Available-for-sale securities are reported at their estimated fair values based on quoted market prices from recognized pricing services, adjusted for an allowance for expected credit losses, with unrealized gains and losses, net of tax effects, reported as a separate component of accumulated other comprehensive loss. Realized gains and losses are determined on the specific identification method and reported in net income in the consolidated statements of income and comprehensive income.

Equity securities are reported at their estimated fair values based on quoted market prices from recognized pricing services, with unrealized gains and losses reported in net (losses) gains on investments in the consolidated statements of income and comprehensive income. Other investments are reported at their estimated fair values using the net asset value (“NAV”) per share (or its equivalent) of the instrument with unrealized gains and losses reported in net (losses) gains on investments in the Consolidated Statements of Income and Comprehensive Income. See Note - 3, Investments for additional discussion.

The Company reviews all debt securities with unrealized losses on a quarterly basis to assess whether the decline in the securities’ fair value necessitates the recognition of an allowance for credit losses. Factors considered in the review include the extent to which the fair value has been less than amortized cost, current market interest rates and whether the unrealized loss is credit-driven or a result of changes in market interest rates. The Company also considers factors specific to the issuer including the general financial condition of the issuer, the issuer's industry and future business prospects, any past failure of the issuer to make scheduled interest or principal payments, the payment structure of the investment and the issuer's ability to make contractual payments on the investment.

The Company may sell its available-for-sale securities, equity securities, and other investments in response to changes in interest rates, risk/reward characteristics, liquidity needs or other factors. Investment income is accrued to the balance sheet dates of the consolidated financial statements and includes amortization of premium and accretion of discount on fixed-maturity securities. Interest is recognized when earned, while dividends are recognized when declared. Due and accrued investment income totaled approximately $2,083,000 and $1,697,000 as of December 31, 2025 and 2024, respectively, and is included in other assets on the accompanying consolidated balance sheets.

For fixed-maturity securities where a decline in fair value is below the amortized cost basis and the Company intends to sell the security, or it is more likely than not that the Company will be required to sell the security before recovery of its amortized cost, a credit-loss charge is recognized in net loss based on the fair value of the security at the time of assessment.

For available-for-sale fixed maturity securities, a credit loss exists if the present value of cash flows expected to be collected is less than the amortized cost basis. The allowance for credit loss related to available-for-sale fixed maturity securities is the difference between the present value of cash flows expected to be collected and the amortized cost basis, limited by the amount that the fair value is less than the amortized cost basis. The Company considers all available evidence when determining whether an investment requires a credit loss write-down or allowance to be recorded, which is recognized in net loss through an allowance for credit losses. Any remaining decline in fair value represents the noncredit portion of the impairment, which is recognized in other comprehensive income, net of tax.

The Company has made a policy election to present accrued interest balances separately from the amortized cost basis of assets and has elected the practical expedient to exclude the accrued interest from the tabular disclosures for available-for-sale and held-to-maturity securities. The Company has elected not to estimate an allowance for credit losses on accrued interest receivable. The accrual of interest income is discontinued, and the asset is placed on nonaccrual status in the quarter that payment becomes delinquent. Interest accrued but not received for assets on nonaccrual status is reversed through investment income. Interest received for assets that are on nonaccrual status is recognized as payment is received. The asset is returned to accrual status when the principal and interest amounts contractually due are brought current and future payments are expected.

The Company did not identify any available-for-sale securities as of December 31, 2025 and 2024 which presented a risk of loss due to credit deterioration of the security.

Premiums Receivable

Premiums receivable include balances due currently or in the future and are presented net of an allowance for credit losses of approximately $21,000 and $402,000 as of December 31, 2025 and 2024, respectively. The allowance for credit losses is based on an analysis of amounts receivable giving consideration to historical loss experience and current economic conditions and reflects an amount that, in management’s judgment, is adequate. Uncollectible premiums receivable balances of approximately $600,000 and $115,000 were written off for the years ended December 31, 2025 and 2024, respectively. The Company evaluates cancellations after the balance sheet date and has recorded a cancellation reserve of approximately $357,000 as of December 31, 2025. As of December 31, 2024, the Company has determined that the cancellations were not material; therefore no additional cancellation reserve was recognized as of December 31, 2024.

Deferred Policy Acquisition Costs

Policy acquisition costs represent the costs of writing business that vary with, and are primarily related to, the successful production of insurance business (principally commissions, premium taxes and certain underwriting salaries). Policy acquisition costs are deferred and recognized as expense as the related premiums are earned.

Intangible Assets

The Company has recorded acquired identifiable intangible assets. The cost of a group of assets acquired in a transaction is allocated to the individual assets including identifiable intangible assets based on their fair values. Identifiable intangible assets with a finite useful life are amortized over the period that the asset is expected to contribute directly or indirectly to the future cash flows of the Company. Intangible assets with an indefinite life are not amortized, but are subject to impairment testing if events or changes in circumstances indicate that it is more likely than not the asset is impaired. All identifiable intangible assets are tested for recoverability whenever events or changes in circumstances indicate that a carrying amount may not be recoverable. No impairment losses from intangible assets were recognized for the years ended December 31, 2025 and 2024.

Property and Equipment

Building and building improvements, automobiles, furniture, computer equipment, and computer software are reported at cost less accumulated depreciation. Depreciation is provided using the straight-line method over the estimated useful lives of the assets. The Company estimates the useful life for computer equipment, automobiles, furniture and other equipment is three years, computer software is three to five years, and building and building improvements is 39 years.

The Company reviews the remaining land that was part of its real estate assets that had been used as its headquarters to evaluate the necessity of recording impairment losses for market changes due to declines in the estimated fair value of the property. In evaluating potential impairment, management considers the current estimated fair value compared to the carrying value of the asset. At December 31, 2025 and 2024, the fair value of the real estate assets is estimated to be in excess of the carrying value. See Note 20 - Sale of Real Estate.

Income Taxes

Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax basis and for operating loss and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company files a consolidated tax return with its subsidiaries. At December 31, 2025 and 2024, the Company had no material unrecognized tax benefits and no adjustments to liabilities or operations were required.

Concentration, Credit Risk and Market Risk

Financial instruments that potentially subject the Company to concentrations of credit risk are primarily cash and cash equivalents, investments, and premium and reinsurance receivables. At times, cash may be uninsured or in deposit accounts that exceed Federal Deposit Insurance Corporation (“FDIC”) insurance limits. The Company has not experienced any losses on such accounts and management believes the Company is not exposed to any significant credit risk.

Stressed conditions, volatility and disruptions in capital markets or financial asset classes can have an adverse effect on the Company, in part because the Company has a large investment portfolio supporting the Company’s insurance liabilities, which are sensitive to changing market factors. These market factors, which include interest rates, credit spread, equity prices, and the volatility and strength of the capital markets, all affect the business and economic environment and, ultimately, the profitability of the Company’s business. The Company manages its investments to limit credit and other market risks by diversifying its portfolio among various security types and industry sectors based on KICO’s investment committee guidelines, which employ a variety of investment strategies.

As of December 31, 2025 and 2024, the Company’s cash equivalents were as follows:


	December 31, 2025		December 31, 2024

Collateralized bank repurchase agreement (1)	$	194,158	$	788,833
Money market funds	571,014		1,676,626
Total	$	765,172	$	2,465,459

At December 31, 2025, the outstanding premiums receivable balance is generally diversified due to the large number of individual insureds comprising the Company’s customer base. For the years ended December 31, 2025 and 2024, 98.0% and 96.0%, respectively, of KICO’s direct written premiums came from policies written in the state of New York.

The Company also has receivables from its reinsurers. Reinsurance contracts do not relieve the Company of its obligations to policyholders. Failure of reinsurers to honor their obligations could result in losses to the Company. The Company periodically evaluates the financial condition of its reinsurers to minimize its exposure to significant losses from reinsurer insolvencies. See Note 7- Reinsurance for reinsurance recoverables on unpaid and paid losses by reinsurers. Management’s policy is to review all outstanding receivables quarterly as well as the bad debt write-offs experienced in the past and establish an allowance for credit losses, if deemed necessary.

Direct premiums earned from lines of business in excess of 10% of the total, which subject the Company to concentration risk for the years ended December 31, 2025 and 2024, is as follows:


	Years ended December 31,
	2025		2024
Personal Lines	94.3	%	93.1	%
Premiums earned not subject to concentration (1)	5.7	%	6.9	%
Total premiums earned	100.0	%	100.0	%

(1)For the years ended December 31, 2025 and 2024, premiums earned not subject to concentration are comprised primarily of one line of business.

Earnings per share

Basic earnings per common share is computed by dividing income available to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per common share reflects, in periods in which they have a dilutive effect, the impact of common shares issuable upon the exercise of stock options and warrants as well as non-vested restricted stock awards. The computation of diluted earnings per share excludes those options and warrants with an exercise price in excess of the average market price of the Company’s common shares during the periods presented. Additionally, the computation of diluted earnings per share excludes unvested restricted stock awards as calculated using the treasury stock method.

Advertising Costs

Advertising costs are charged to operations as incurred. Advertising costs are included in other underwriting expenses in the accompanying Consolidated Statements of Income and Comprehensive Income were approximately $130,000 and $100,000 for the years ended December 31, 2025 and 2024, respectively.

Stock-based Compensation

Stock-based compensation expense in 2025 and 2024 is the estimated fair value of restricted stock awards and options granted, amortized on a straight-line basis over the requisite service period for the entire portion of the award less an estimate for anticipated forfeitures. The Company uses the “simplified” method to estimate the expected term of the options because the Company’s historical share option exercise experience does not provide a reasonable basis upon which to estimate expected term.

Warrants

The Company’s warrants are accounted for as equity in accordance with ASC 480-10, Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity. The Company’s warrants are accounted for at fair value on the issuance date. On December 29, 2025, the remaining outstanding warrants were exercised. The Company has no outstanding warrants as of December 31, 2025.

Compensated Absences

Employees of the Company are entitled to paid time off, sick days, and other time off depending on job classification, length of service and other factors. The Company has determined it is impracticable to estimate the amount of compensation of future absences and, accordingly, no liability has been recorded in the accompanying consolidated financial statements. The Company’s policy is to recognize the cost of compensated absences when paid to employees.

Leases

The Company records operating leases in accordance with ASC 842, Leases ("Topic 842"). Under Topic 842, the Company recognizes a right-of-use-asset and corresponding liability on the balance sheet for all leases, except for leases covering a period of fewer than 12 months. The liability has been measured at the present value of the future minimum lease payments taking into account renewal options if applicable plus initial incremental direct costs such as commissions. The minimum payments are discounted using the Company’s incremental borrowing rate. The right-of-use asset is amortized as rent expense on a straight-line basis (See Note 17 - Commitments and Contingencies - Office Leases).

Comprehensive Income

Comprehensive income is comprised of revenues, expenses, gains and losses that are included in comprehensive income but are excluded from net income as these amounts are recorded directly as an adjustment to stockholders' equity, and result primarily from changes in unrealized gains and losses on available-for-sale securities, net of the related income taxes. The Company releases the related deferred tax effects from accumulated other comprehensive income (loss) into income at the time when the unrealized gains or losses are reclassified to earnings, which generally occurs when an available-for-sale security is sold, matures, or is determined to be other-than-temporarily impaired.

Accounting Changes

In November 2023, the Financial Accounting Standards Board (the "FASB") issued ASU No. 2023-07, Improvements to Reportable Segment Disclosures ("ASU 2023-07"), which introduces improvements to the information that a public entity discloses about its reportable segments and addresses investor requests for more information about reportable segment expenses. ASU 2023-07 does not change the current guidance related to the identification of operating segments, the determination of reportable segments, or the aggregation criteria. Rather, the new guidance introduces additional disclosure requirements and expands those requirements to entities with a single reportable segment, not just entities with multiple reportable segments. ASU 2023-07 is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Company retrospectively adopted ASU 2023-07 effective December 31, 2024, and has added the required disclosures for entities with a single reportable segment for the years ended December 31, 2025 and December 31, 2024. See Note 19 - Segment Reporting.

In December 2023, the FASB issued ASU No. 2023-09, Improvements to Income Tax Disclosures (“ASU 2023-09”), which requires disaggregated information about a reporting entity’s effective tax rate reconciliation as well as information on income taxes paid. The standard is intended to benefit investors by providing more detailed income tax disclosures that would be useful in making capital allocation decisions. ASU-2023-09 is effective for public companies with annual periods beginning after December 15, 2024. The Company prospectively adopted ASU-2023-09 effective December 31, 2025, and has added the required disclosures that meet the materiality thresholds for the year ended December 31, 2025. See Note 15 – Income Taxes. The adoption of the guidance updated disclosures but did not have an impact on the Company's results of operations.

Recent Accounting Pronouncements

In November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses ("ASU 2024-03"). ASU 2024-03 requires disaggregated disclosure of income statement expenses. ASU 2024-03 does not change the expense captions currently presented on the income statement; rather it requires disaggregation of certain expense captions into specified categories in disclosures within the footnotes to the financial statements. ASU 2024-03 is effective for annual reporting periods as amended by ASU 2025-01, beginning after December 15, 2026, and interim reporting periods within fiscal years beginning after December 15, 2027. ASU 2024-03 can be applied on a prospective basis; however, retrospective application is permitted. Early adoption is permitted. The Company is currently evaluating the effect the updated guidance will have on its financial statement disclosures.

The Company has determined that all other recently issued accounting pronouncements will not have a material impact on its consolidated financial position, results of operations and cash flows, or do not apply to its operations.

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Dec. 31, 2025
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Reinsurance (Tables)

12 Months Ended

Dec. 31, 2025

Reinsurance Disclosures [Abstract]

Schedule of Line of Business


	Treaty Period
	2026/2027 Treaty						2025/2026 Treaty						2024/2025 Treaty
Line of Business	July 1, 2026 to January 1, 2027			January 2, 2026 to June 30, 2026			July 1, 2025 to January 1, 2026			January 2, 2025 to June 30, 2025			July 1, 2024 to January 1, 2025			January 1, 2024 to June 30, 2024

Personal Lines:
Homeowners, dwelling fire and canine legal liability
Quota share treaty:
Percent ceded (6)	5		%	5		%	16		%	16		%	27		%	27		%
Risk retained on initial
$1,000,000 of losses (4) (5) (6)	$	950,000		$	950,000		$	840,000		$	840,000		$	730,000		$	730,000
Losses per occurrence
subject to quota share
reinsurance coverage	$	1,000,000		$	1,000,000		$	1,000,000		$	1,000,000		$	1,000,000		$	1,000,000
Expiration date	January 1, 2027			January 1, 2027			January 1, 2026			January 1, 2026			January 1, 2025			January 1, 2025
Excess of loss coverage and
facultative facility
coverage (1) (4) (5)	$	(5)		$	8,250,000		$	8,250,000		$	8,400,000		$	8,400,000		$	8,400,000
				in excess of			in excess of			in excess of			in excess of			in excess of
				$	750,000		$	750,000		$	600,000		$	600,000		$	600,000
Total reinsurance coverage
per occurrence (4) (5)	$	50,000		$	8,175,000		$	8,285,000		$	8,360,000		$	8,470,000		$	8,470,000
Losses per occurrence
subject to reinsurance
coverage (5)	$	1,000,000		$	9,000,000		$	9,000,000		$	9,000,000		$	9,000,000		$	9,000,000
Expiration date	(5)			June 30, 2026			June 30, 2026			June 30, 2025			June 30, 2025			June 30, 2024

Catastrophe Reinsurance:
Initial loss subject to personal
lines quota share treaty (5)	$	10,000,000		$	10,000,000		$	10,000,000		$	10,000,000		$	10,000,000		$	10,000,000
Risk retained per catastrophe
occurrence (5) (6) (7) (8)	(5)			$	5,500,000		$	5,000,000		$	4,250,000		$	4,750,000		$	9,500,000
Catastrophe loss coverage
in excess of quota share
coverage (2) (5) (8)	(5)			$	434,500,000		$	435,000,000		$	275,000,000		$	275,000,000		$	315,000,000

Reinstatement premium
protection (3)	(5)			Yes			Yes			Yes			Yes			Yes

(1)For personal lines, includes the addition of an automatic facultative facility allowing KICO to obtain homeowners single risk coverage up to $9,000,000 in total insured value, which covers direct losses from $3,500,000 to $9,000,000 through June 30, 2026.

(2)Catastrophe coverage is limited on an annual basis to two times the per occurrence amounts, except for one occurrence on 80% of the first layer of $5,000,000 in excess of $5,000,000, and one occurrence on 52% of the top layer of $240,000,000 in excess of $200,000,000, which is covered under the catastrophe bond. Duration of 168 consecutive hours for a catastrophe occurrence from windstorm, hail, tornado, hurricane and cyclone, except for winter storm coverage, which is covered under a specific declared catastrophe event.

(3)For the period July 1, 2024 through June 30, 2025 (expiration date of the catastrophe reinsurance treaty), reinstatement premium protection for $50,000,000 of catastrophe coverage in excess of $10,000,000. For the period July 1, 2025 through June 30, 2026 (expiration date of the catastrophe reinsurance treaty), reinstatement premium protection for $50,000,000 of catastrophe coverage in excess of $10,000,000.

(4)For the period January 1, 2024 through June 30, 2025, the Underlying XOL Treaty provides 50% reinsurance coverage for losses of $400,000 in excess of $600,000. Excludes losses from named storms. Reduces retention to $530,000 from $730,000 under the 2024/2025 Treaty. Retention increases to $640,000 from $530,000 under the 2025/2026 Treaty. For the period July 1, 2025 through June 30, 2026, the Underlying XOL Treaty combined with the excess of loss treaty provide 50% reinsurance coverage for losses of $250,000 in excess of $750,000, and 100% reinsurance coverage for losses in excess of $1,000,000 up to $9,000,000 together with facultative coverage. Increased retention to $715,000 from $640,000 under the 2025/2026 Treaty, and increased retention to $825,000 under the 2026/2027 Treaty (see note 5 below).

(5)Excess of loss coverage and facultative facility and catastrophe reinsurance treaties will expire on June 30,2026, with none of these coverages to be in effect during the period from July 1 2026 through January 1, 2027. If and when these treaties are renewed on July 1, 2026, the excess of loss and facultative facility, underlying excess of loss treaty, and the catastrophe reinsurance treaty, will be as provided for therein. Reinsurance coverage in effect from July 1, 2026 through January 1, 2027 is currently only covered under the 2026/2027 Treaty. The 2026/2027 Treaty will expire on January 1, 2027.

(6)For the 2024/2025 Treaty, 22% of the 27% total of losses ceded under this treaty are excluded from a named catastrophe event. For the 2025/2026 Treaty, 6% of the 16% total of losses ceded under this treaty are excluded from a named catastrophe event. For the 2026/2027 Treaty, there is no exclusion for catastrophe events.

(7)Plus losses in excess of catastrophe coverage.

(8)Effective July 1, 2025 through June 30, 2026, catastrophe coverage is 80% of the first layer of $5,000,000 in excess of $5,000,000. The remaining coverage is at 100% of $430,000,000 in excess of $10,000,000. For the period October 1, 2024 through April 30, 2025, additional catastrophe reinsurance treaty provided coverage for winter storm losses to the extent of 71% of $4,500,000 in excess of $5,500,000. For the period October 15, 2025 through April 30, 2026, additional catastrophe reinsurance treaty will provide coverage for winter storm losses to the extent of 90% of $5,000,000 in excess of $5,000,000. Retention for winter storms is $4,800,000 under the 2024/2025 Treaty, $5,200,000 under the 2025/2026 Treaty from January 1, 2025 through April 30, 2025, $3,900,000 from October 15, 2025 through January 1, 2026, the expiration date of the 2025/2026 Treaty, and $5,000,000 under the 2026/2027 Treaty through April 30, 2026,


	Treaty Year
Line of Business	July 1, 2025 to June 30, 2026			July 1, 2024 to June 30, 2025			July 1, 2023 to June 30, 2024

Personal Lines:
Personal Umbrella
Quota share treaty:
Percent ceded - first $1,000,000 of coverage	90		%	90		%	90		%
Percent ceded - excess of $1,000,000 dollars of coverage	95		%	95		%	95		%
Risk retained	$	300,000		$	300,000		$	300,000
Total reinsurance coverage per occurrence	$	4,700,000		$	4,700,000		$	4,700,000
Losses per occurrence subject to quota share reinsurance coverage	$	5,000,000		$	5,000,000		$	5,000,000
Expiration date	June 30, 2026			June 30, 2025			June 30, 2024

Commercial Lines (1)

(1)Coverage on all commercial lines policies expired in September 2020; reinsurance coverage is based on treaties in effect on the date of loss.

Schedule of Approximate Reinsurance Recoverable

Approximate reinsurance recoverables on unpaid and paid losses by reinsurer at December 31, 2025 and 2024 are as follows:


($ in thousands)	Unpaid Losses		Paid Losses		Total		Security
December 31, 2025
Swiss Reinsurance America Corporation	8,965		693		9,658		—
Hannover Rueck SE	12,497		(124)		12,373		—
Lancashire Insurance Company Limited	5,798		1,242		7,040		—
Others	5,972		1,017		6,989		384		(1)
Total	$	33,232	$	2,828	$	36,060	$	384

December 31, 2024
Swiss Reinsurance America Corporation	13,565		1,346		14,911		—
Hannover Rueck SE	7,195		559		7,754		—
Lancashire Insurance Company Limited	4,893		1,288		6,181		—
Others	6,670		2,061		8,731		393		(1)
Total	$	32,323	$	5,254	$	37,577	$	393

(1)As of December 31, 2025 and December 31, 2024, represents$384,000 and $393,000, respectively, guaranteed by irrevocable letters of credit.

Schedule of Ceding Commissions Earned

Ceding commission revenue consists of the following:


	Year ended December 31,
	2025		2024

Provisional ceding commissions earned	$	13,926,916	$	18,829,278
Contingent ceding commissions earned	1,748,055		8,668
	$	15,674,971	$	18,837,946

Stockholders Equity (Tables)

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Schedule of Weighted Average Assumptions

The following weighted average assumptions were used for grants during the following periods:


	Years ended December 31,
	2025	2024

Dividend Yield	n/a	0.00%
Volatility	n/a	74.72%
Risk-Free Interest Rate	n/a	4.17%
Expected Life	n/a	3.50 years

Schedule of Stock Options Activity

A summary of stock option activity under the Company’s 2014 Plan and 2024 Plan for the year ended December 31, 2025 is as follows:


Stock Options	Number of Shares	Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value

Outstanding at January 1, 2025	281,913	$	2.71	3.74	$	3,517,171

Granted	-	$	-	-	$	-
Exercised	(65,673)	$	4.24	-	$	747,116
Expired/Forfeited	(16,249)	$	2.25	3.68	$	231,902

Outstanding at December 31, 2025	199,991	$	2.25	3.08	$	2,915,869

Vested and Exercisable at December 31, 2025	79,190	$	2.25	3.08	$	1,154,590

Schedule of the Restricted Common Stock Activity

A summary of the restricted Common Stock activity under the Company’s 2014 Plan and 2024 Plan for the year ended December 31, 2025 is as follows:


Restricted Stock Awards	Shares	Weighted Average Grant Date Fair Value per Share		Aggregate Fair Value

Balance at January 1, 2025	267,586	$	5.24	$	1,402,151

Granted	198,018	$	15.51	$	3,071,259
Vested	(231,613)	$	4.10	$	(949,613)
Forfeited	(10,703)	$	9.09	$	(97,290)

Balance at December 31, 2025	223,288	$	15.35	$	3,426,507

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2025
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events The Company has evaluated events that occurred subsequent to December 31, 2025 through March 16, 2026, the date these consolidated financial statements were issued, for matters that required disclosure or adjustment in these consolidated financial statements. Reinsurance Effective January 1, 2026, the Company entered into a new quota share reinsurance treaty for its personal lines business and a new underlying excess of loss treaty (see Note 7 – Reinsurance). Equity Employee Stock Purchase Plan Effective January 1, 2026, the Company initiated an offering period of January 1, 2026 through December 31, 2026 under the ESPP. See Note 12 - Stockholders' Equity. Dividend Declared On January 21, 2026, the Company’s Board of Directors approved a quarterly dividend of $0.05 per share payable in cash on February 26, 2025 to stockholders of record as of the close of business on February 11, 2026. See Note 12 – Stockholders’ Equity. Statutory Financial Information On February 19, 2026, KICO paid a dividend of $1,800,000 to the Holding Company. See Note 13 - Statutory Financial Information. 2026 Guidance During the first quarter of 2026, winter weather in the Northeast United States has been more severe than recent winters with losses incurred from seven catastrophe events during the months of January and February 2026. The 2026 guidance disclosed in the Company's Form 8-K filing on March 5, 2026, assumes higher-than-average catastrophe losses in the first quarter and full year of 2026.

Property and Casualty Insurance Activity - Reconciliation of Net Incurred and Paid Claims Development to the Liability for Loss and LAE Reserves (Details) $ in Thousands	Dec. 31, 2025 USD ($)
Property and Casualty Insurance Activity
Liabilities for allocated loss and loss adjustment expenses, net of reinsurance	$ 100,554
Total reinsurance recoverable on unpaid losses	33,232
Unallocated loss adjustment expenses	6,753
Total gross liability for loss and LAE reserves	$ 140,539

- Definition

Amount, after valuation allowance, recoverable under reinsurance contracts for losses reported to the ceding insurer but not yet paid and amounts expected for incurred losses and settlement expenses, which have not yet been reported to the ceding insurer.

+ References + Details

Investments - Schedule of Securities with Realized Gains and Losses on Investments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Investments [Abstract]
Gross realized gains	$ 16,152	$ 1,287
Gross realized losses	(238,858)	(15,266)
Total fixed-maturity securities	(222,706)	(13,979)
Gross realized gains	0	374,997
Gross realized losses	0	(423,367)
Total equity securities	0	(48,370)
Net realized losses	(222,706)	(62,349)
Gross gains	0	308,210
Gross losses	(259,010)	(314,816)
Total equity securities	(259,010)	(6,606)
Gross gains	171,722	483,506
Gross losses	0	0
Total other investments	171,722	483,506
Net unrealized (losses) gains	(87,288)	476,900
Net (losses) gains on investments	$ (309,994)	$ 414,551

Fair Value of Financial Instruments and Real Estate (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Reinsurance balances payable, Level 3	$ 5,232,319	$ 10,509,121
Long-term debt	4,440,127	11,171,420
Equipment Financing
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Long-term debt	$ 4,440,127
Senior Notes due 2026
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Stated interest rate (percent)	13.75%
Level 2 \| Senior Notes due 2026
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Stated interest rate (percent)	13.75%
Carrying Value \| Level 1
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Fixed-maturity securities-held-to maturity, Level 1	$ 6,042,348	7,047,342
Fixed-maturity securities available-for-sale	130,873,872	106,792,378
Cash and cash equivalents, Level 1	12,178,730	28,669,441
Premiums receivable, net, Level 1	21,012,408	21,766,988
Carrying Value \| Level 2
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Fixed-maturity securities available-for-sale	158,163,318	80,101,060
Carrying Value \| Level 2 \| Equipment Financing
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Long-term debt	4,440,127	5,663,420
Carrying Value \| Level 2 \| Senior Notes due 2026
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Long-term debt	0	5,508,000
Carrying Value \| Level 3
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Reinsurance receivables, net, Level 3	58,996,945	69,322,436
Real estate, net of accumulated depreciation, Level 3	460,031	1,913,390
Reinsurance balances payable, Level 3	5,232,319	10,509,121
Fair Value \| Level 1
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Fixed-maturity securities-held-to maturity, Level 1	5,137,267	5,959,265
Fixed-maturity securities available-for-sale	130,873,872	106,792,378
Cash and cash equivalents, Level 1	12,178,730	28,669,441
Premiums receivable, net, Level 1	21,012,408	21,766,988
Fair Value \| Level 2
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Fixed-maturity securities available-for-sale	158,163,318	80,101,060
Fair Value \| Level 2 \| Equipment Financing
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Long-term debt	4,380,922	5,459,107
Fair Value \| Level 2 \| Senior Notes due 2026
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Long-term debt	0	5,553,785
Fair Value \| Level 3
Fair Value Disclosure, Asset and Liability, Not Measured at Fair Value [Line Items]
Reinsurance receivables, net, Level 3	58,996,945	69,322,436
Real estate, net of accumulated depreciation, Level 3	501,000	3,540,000
Reinsurance balances payable, Level 3	$ 5,232,319	$ 10,509,121

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2025
Employee Benefit Plans
Employee Benefit Plans	Employee Benefit Plans Bonus Plans Employee Bonus Plan For the years ended December 31, 2025 and 2024, the Company accrued approximately $2,434,000 and $2,091,000, respectively ("Cash Payments"), related to an employee bonus plan (the "Bonus Plan"), of which $555,000 and $477,000, respectively, is allocated and recorded in loss and LAE, and $1,879,000 and $1,614,000, respectively, is recorded in other underwriting expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. In addition to the Cash Payments, the Bonus Plan also calls for a restricted stock award to the Company's senior leadership team ("SLT") and other members of management if certain performance metrics have been met. The performance metrics for the years ended December 31, 2025 and 2024 have been met, and accordingly, the SLT and other members of management received in March 2026 and March 2025 RSA's for an aggregate of 57,258 shares and 58,755 shares, respectively, of the Company's Common Stock valued at approximately $964,000 and $892,000, respectively. For the years ended December 31, 2025and 2024, the Company accrued approximately $266,000 and $278,000, respectively, of stock-based compensation recorded in other operating expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. Executive Bonus Plan For the years ended December 31, 2025 and 2024, the Company accrued approximately $688,000 and $496,000, respectively, for a bonus pursuant to the Third Amended Golden Employment Agreement and the Second Amended Golden Employment Agreement, respectively, of which $619,000 and $446,000, respectively, is recorded in other underwriting expenses, and $68,000 and $50,000, respectively, is recorded in other operating expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. 401 (k) Plan The Company maintains a salary reduction plan under Section 401(k) of the Internal Revenue Code (the “401(k) Plan”) for its qualified employees. The Company matches 100% of each participant’s contribution up to 4% of the participant’s eligible contribution. The Company incurred approximately $341,000 and $270,000 of expense for the years ended December 31, 2025 and 2024, respectively, related to the 401(k) Plan, which is recorded in other underwriting expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. Deferred Compensation Plan On June 18, 2018, the Company adopted the Kingstone Companies, Inc. Deferred Compensation Plan (the "Deferred Compensation Plan"). Effective December 22, 2022, the Company terminated the Deferred Compensation Plan. The assets of the Deferred Compensation Plan were liquidated in September 2024, by making payments to participants in full satisfaction of their interest in the Deferred Compensation Plan.

Stockholders Equity - Schedule of Stock Options Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Number of Shares
Beginning Balance (in shares)	281,913
Number of options outstanding, Granted (in shares)	0
Number of options outstanding, Exercised (in shares)	(65,673)
Number of options outstanding, Expired/Forfeited (in shares)	(16,249)
Ending Balance (in shares)	199,991	281,913
Number of options outstanding, vested and exercisable	79,190
Weighted Average Exercise Price per Share
Weighted average exercise price, Beginning balance (in dollars per share)	$ 2.71
Weighted average exercise price, Granted (in dollars per share)	0
Weighted average exercise price, Exercised (in dollars per share)	4.24
Weighted average exercise price, Expired/Forfeited (in dollars per share)	2.25
Weighted average exercise price, Ending balance (in dollars per share)	2.25	$ 2.71
Weighted average price per share outstanding, vested and exercisable	$ 2.25
Weighted Average Remaining Contractual, Beginning balance		3 years 8 months 26 days
Weighted Average Remaining Contractual, Expired/Forfeited	3 years 8 months 4 days
Weighted Average Remaining Contractual term, Ending balance	3 years 29 days
Weighted Average Remaining Contractual Term, Vested and Exercisable	3 years 29 days
Aggregate Intrinsic Value , beginning balance	$ 3,517,171
Aggregate Intrinsic Value , Granted	0
Issued warrants (in shares)	747,116
Aggregate Intrinsic Value , Expired/Forfeited	231,902
Aggregate Intrinsic Value ,ending balance	2,915,869	$ 3,517,171
Aggregate Intrinsic Value, Vested and Exercisable	$ 1,154,590

Fair Value of Financial Instruments and Real Estate (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Instruments

The estimated fair values of the Company’s financial instruments and real estate, including their fair value level as of December 31, 2025 and 2024, are as follows:


	December 31, 2025				December 31, 2024
	Carrying Value		Fair Value		Carrying Value		Fair Value

Fixed-maturity securities-held-to maturity, Level 1	$	6,042,348	$	5,137,267	$	7,047,342	$	5,959,265
Fixed-maturity securities available-for-sale, Level 1	$	130,873,872	$	130,873,872	$	106,792,378	$	106,792,378
Fixed-maturity securities available-for-sale, Level 2	$	158,163,318	$	158,163,318	$	80,101,060	$	80,101,060
Cash and cash equivalents, Level 1	$	12,178,730	$	12,178,730	$	28,669,441	$	28,669,441
Premiums receivable, net, Level 1	$	21,012,408	$	21,012,408	$	21,766,988	$	21,766,988
Reinsurance receivables, net, Level 3	$	58,996,945	$	58,996,945	$	69,322,436	$	69,322,436
Real estate, net of accumulated depreciation, Level 3 (1)	$	460,031	$	501,000	$	1,913,390	$	3,540,000
Reinsurance balances payable, Level 3	$	5,232,319	$	5,232,319	$	10,509,121	$	10,509,121
Debt - Equipment financing, Level 2	$	4,440,127	$	4,380,922	$	5,663,420	$	5,459,107
Debt - 13.75% Senior Notes due 2026, Level 2	$	—	$	—	$	5,508,000	$	5,553,785

(1) As of December 31, 2024, real estate consisted of a complex which included an office building, a house and vacant land located in Kingston, New York. In March 2025, the office building and house were sold, leaving the vacant land as the only remaining real estate as of December 31, 2025. See Note 20 - Sale of Real Estate.

Fair Value Measurements (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	$ 289,037,190	$ 186,893,438
Equity securities	10,056,595	10,296,505
Total investments	299,093,785	197,189,943
U.S. Treasury securities and obligations of U.S. government corporations and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	1,007,190
Political subdivisions of States, Territories and Possessions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	21,773,433	20,873,097
Corporate and other bonds industrial and miscellaneous
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	129,866,682	106,792,378
Residential mortgage and other asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	136,389,885	59,227,963
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	130,873,872	106,792,378
Equity securities	10,056,595	10,296,505
Total investments	140,930,467	117,088,883
Level 1 \| U.S. Treasury securities and obligations of U.S. government corporations and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	1,007,190
Level 1 \| Political subdivisions of States, Territories and Possessions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0	0
Level 1 \| Corporate and other bonds industrial and miscellaneous
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	129,866,682	106,792,378
Level 1 \| Residential mortgage and other asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	158,163,318	80,101,060
Equity securities	0	0
Total investments	158,163,318	80,101,060
Level 2 \| U.S. Treasury securities and obligations of U.S. government corporations and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Level 2 \| Political subdivisions of States, Territories and Possessions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	21,773,433	20,873,097
Level 2 \| Corporate and other bonds industrial and miscellaneous
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0	0
Level 2 \| Residential mortgage and other asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	136,389,885	59,227,963
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0	0
Equity securities	0	0
Total investments	0	0
Level 3 \| U.S. Treasury securities and obligations of U.S. government corporations and agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0
Level 3 \| Political subdivisions of States, Territories and Possessions
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0	0
Level 3 \| Corporate and other bonds industrial and miscellaneous
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	0	0
Level 3 \| Residential mortgage and other asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total fixed maturities	$ 0	$ 0

Segment Information (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Schedule of Components of Net Combined Ratio to Consolidated Net Income

The following tables reconciles the revenue and expense components of the net combined ratio to consolidated net income for the periods presented.


	Years ended December 31,
	2025		2024
Revenue components of net combined ratio
Net premiums earned	$	187,126,722	$	128,497,920
Ceding commission revenue	15,674,971		18,837,946
Other income	610,212		549,967
Total revenue components of net combined ratio	203,411,905		147,885,833

Expense components of net combined ratio
Loss and loss adjustment expenses	84,265,722		62,634,716
Commission expense	40,726,801		33,929,333
Other underwriting expenses	31,718,770		25,692,727
Total expense components of net combined ratio	156,711,293		122,256,776

Operating segment net income	46,700,612		25,629,057

Reconciliation of net income components
excluded from net combined ratio:

Revenue components excluded from net combined ratio
Net investment income	9,798,764		6,823,590
Net (losses) gains on investments	(309,994)		414,551
Realized gain on sale of real estate	1,965,989		—
Other income	637		18,129
Total revenue components excluded
from net combined ratio	11,455,396		7,256,270

Expense components excluded from net combined ratio
Other operating expenses	4,105,310		3,634,583
Depreciation and amortization	2,559,835		2,448,932
Interest expense	445,213		3,513,655
Income tax	10,278,522		4,929,721
Total expense components excluded
from net combined ratio	17,388,880		14,526,891

Total net loss components
excluded from net combined ratio:	(5,933,484)		(7,270,621)

Consolidated net income	$	40,767,128	$	18,358,436

The following table shows the calculation of the net combined ratio and return on equity from net investment income for the periods presented.


	Years ended December 31,
	2025			2024
Net combined ratio
Net loss ratio	45.0		%	48.7		%
Net underwriting expense ratio	30.0		%	31.3		%
Net combined ratio	75.0		%	80.0		%

Reconciliation of net underwriting expense ratio:
Commission expense and other
underwriting expenses	72,445,571			59,622,060
Less: Ceding commission revenue	(15,674,971)			(18,837,946)
Less: Other income	(610,212)			(549,967)
Total commission expense and other
underwriting expenses	$	56,160,388		$	40,234,147

Net earned premium	$	187,126,722		$	128,497,920

Net underwriting expense ratio	30.0		%	31.3		%

Return on equity on net investment income
Stockholders' equity beginning of period	$	66,708,451		$	34,504,139
Stockholders' equity end of period	$	122,731,249		$	66,708,451
Average stockholders' equity	$	94,719,850		$	50,606,295
Net investment income	$	9,798,764		$	6,823,590
Return on equity on net investment income	10.3		%	13.5		%

Total assets	$	453,425,151		$	374,915,843

Debt

12 Months Ended

Dec. 31, 2025

Debt Disclosure [Abstract]

Debt

Federal Home Loan Bank

In July 2017, KICO became a member of, and invested in, the FHLBNY. KICO is required to maintain an investment in capital stock of FHLBNY. Based on redemption provisions of FHLBNY, the stock has no quoted market value and is carried at cost. At its discretion, FHLBNY may declare dividends on the stock. Management reviews for impairment based on the ultimate recoverability of the cost basis in the stock. At December 31, 2025 and 2024, no impairment has been recognized. FHLBNY members have access to a variety of flexible, low cost funding through FHLBNY’s credit products, enabling members to customize advances, which are to be fully collateralized. Eligible collateral to pledge to FHLBNY includes residential and commercial mortgage-backed securities, along with U.S. Treasury and agency securities. See Note 3 – Investments for eligible collateral held in a designated custodian account available for future advances. Advances are limited to 5% of KICO’s net admitted assets under statutory insurance principles as of the previous quarter. On July 6, 2023, A.M. Best withdrew KICO’s ratings as KICO requested to no longer participate in A.M. Best’s interactive rating process. As a result of the withdrawal of A.M. Best ratings, prior to April 15, 2025, KICO was only able to borrow on an overnight basis. Effective April 15, 2025, based on KICO's credit rating from FHLBNY, KICO can now borrow for a term of up to five years. If KICO has sufficient available collateral (as discussed below), based on KICO’s net admitted assets, the maximum allowable advance as of December 31, 2025 and 2024 was approximately $16,873,000 and $13,637,000, respectively. The estimated fair value of available collateral as of December 31, 2025 and 2024 was approximately $9,598,000 and $10,130,000, respectively. Effective April 15, 2025, advances are limited to 91% of the amount of

available collateral. Prior to April 15, 2025, advances were limited to 85% of the amount of available collateral. There were no borrowings under this facility during the years ended December 31, 2025 and 2024.

Debt

Debt as of December 31, 2025 and 2024 consists of the following:


	December 31,
	2025		2024

13.75% Senior Notes due 2026, net	$	—	$	5,508,000
Equipment financing	4,440,127		5,663,420
Balance at end of period	$	4,440,127	$	11,171,420

Exchange Agreements

General

On December 9, 2022, the Company entered into a Note and Warrant Exchange Agreement (the “2022 Exchange Agreement”) with several holders (the “2022 Exchanging Noteholders”) of the Company’s outstanding 5.50% Senior Notes due 2022 (the “2017 Notes”). On the date of the 2022 Exchange Agreement, the 2022 Exchanging Noteholders held 2017 Notes in the aggregate principal amount of $21,545,000 of the $30,000,000 aggregate principal amount of the 2017 Notes then outstanding. Pursuant to the 2022 Exchange Agreement, on December 15, 2022, the 2022 Exchanging Noteholders exchanged their respective 2017 Notes for the following: (i) new 12.0% Senior Notes due December 30, 2024 of the Company in the aggregate approximate principal amount of $19,950,000 (the “2022 Notes”); (ii) cash in the aggregate approximate amount of $1,595,000, together with accrued interest on the 2017 Notes; and (iii) three-year warrants for the purchase of an aggregate of 969,525 shares of Common Stock of the Company, exercisable until December 30, 2025 at an exercise price of $1.00 per share (the “Warrants”). The remaining $8,455,000 principal amount of the 2017 Notes, together with accrued interest thereon, was paid on the maturity date of the 2017 Notes of December 30, 2022.

On August 30, 2024, the Company entered into a Note Exchange Agreement (the “2024 Exchange Agreement”) with the holders (the “2024 Exchanging Noteholders”) of the Company’s outstanding 2022 Notes in the aggregate principal amount of $19,950,000. Pursuant to the 2024 Exchange Agreement, on September 12, 2024, the 2024 Exchanging Noteholders exchanged their respective 2022 Notes for the following: (i) new 13.75% Senior Notes due June 30, 2026 of the Company in the aggregate principal amount of $14,950,000 (the “2024 Notes”); and (ii) cash in the aggregate amount of $5,000,000, together with accrued interest on the 2022 Notes (the "2024 Exchange"). See “2024 Notes” below for a discussion of a change in the expiration date of the Warrants.

The Company analyzed the 2024 Exchange Agreement under ASC 470–50, Debt—Modifications and Extinguishments. The Company determined that extinguishment accounting was applicable, as the present value of the cash flows of the 2024 Notes differed by more than 10% from the 2022 Notes, making it a substantial change in terms. As a result, the 2022 Notes have been derecognized and the 2024 Notes recorded at fair value. No gain or loss was recognized on the 2024 Exchange. Unamortized debt issue costs of $296,533 related to extinguished debt were expensed at the time the 2022 Notes were extinguished and recorded as loss on extinguishment of debt in the consolidated statements of income and comprehensive income within other operating expenses. Fees paid to third parties of $203,381 have been capitalized and were being amortized as debt issuance costs associated with the 2024 Notes.

2024 Notes

As discussed above, on September 12, 2024, the Company issued the 2024 Notes in the aggregate principal amount of $14,950,000 pursuant to the 2024 Exchange Agreement. Interest was payable semi-annually in arrears on June 30 and December 30 of each year at the rate of 13.75% per annum. Pursuant to the 2024 Exchange Agreement, the expiration date of the Warrants to purchase 969,225 shares of Common Stock of the Company was extended to June 30, 2026 from

December 30, 2025 (see Note 12 – Stockholders’ Equity) and transaction costs were $203,381, for an effective yield of 14.35% per annum. The balance of the 2024 Notes as of December 31, 2025 and December 31, 2024 was as follows:


	December 31, 2025		December 31, 2024

13.75% Senior Notes due 2026	$	—	$	5,950,000
Warrants	—		(256,909)
Issuance costs	—		(185,091)
2024 Notes, net	$	—	$	5,508,000

The 2024 Notes were redeemable, at the Company’s option, in whole or in part, at any time or in part from time to time, on and after September 12, 2024, upon not less than fifteen (15) and not more than sixty (60) days’ notice, equal to 100% of the principal amount of the 2024 Notes, plus, in each case, accrued and unpaid interest, if any, to the date of redemption (subject to the right of holders of record on the relevant record date to receive interest due on the relevant interest payment date).

The 2024 Exchange Agreement provided for mandatory prepayments of principal. The 2024 Exchange Agreement provided for a first mandatory pro rata partial prepayment of principal on the 2024 Notes in the aggregate amount of $3,000,000 on June 30, 2025, less the principal amount of any optional prepayments of the 2024 Note made prior to June 30, 2025, pursuant to the 2024 Exchange Agreement. The 2024 Exchange Agreement provided for a second mandatory pro rata partial prepayment of principal on the 2024 Notes in the aggregate amount of $3,000,000 on December 30, 2025, less the principal amount of any optional prepayments of the 2024 Notes made from June 30, 2025 to December 29, 2025 pursuant to the 2024 Note Exchange Agreement The Company made optional prepayments of $3,000,000 on September 30, 2024, $2,000,000 on November 13, 2024, $4,000,000 on December 30, 2024, $3,500,000 on January 28, 2025, and $2,450,000 on February 24, 2025, and accordingly, has fully satisfied the entire principal balance of the 2024 Notes. Each prepayment of principal also included accrued and unpaid interest thereon. Unamortized debt issue costs of $174,962 related to extinguished debt were expensed at the time the 2024 Notes were extinguished and recorded as loss on extinguishment of debt in the condensed consolidated statements of income and comprehensive income within other operating expenses.

The 2024 Notes were unsecured obligations of the Company and were not the obligations of or guaranteed by any of the Company’s subsidiaries. The 2024 Notes ranked senior in right of payment to any of the Company’s existing and future indebtedness that is by its terms expressly subordinated or junior in right of payment to the 2024 Notes. The Notes ranked equally in right of payment to all of the Company’s existing and future senior indebtedness, but were effectively subordinated to any secured indebtedness to the extent of the value of the collateral securing such secured indebtedness. In addition, the 2024 Notes were structurally subordinated to the indebtedness and other obligations of the Company’s subsidiaries.

As of the end of each calendar quarter, commencing with the calendar quarter ending September 30, 2024, the Company was subject to a leverage maintenance test (“Leverage Maintenance Test”), which required that the Total Consolidated Indebtedness (as defined below) of the Company not be greater than 30% of Total Consolidated Capitalization (as defined below). As of December 31, 2024, the ratio as defined under the Leverage Maintenance Test was 7.0%. “Total Consolidated Indebtedness” was the aggregate principal amount (or accreted value in the case of any Indebtedness issued with more than de minimis original issue discount) of all outstanding long-term debt of the Company except for the sale-leaseback transaction described below under “Equipment Financing”, any refinancing or any future sale-leaseback transaction. “Total Consolidated Capitalization” was the amount equal to the sum of (x) Total Consolidated Indebtedness outstanding as of such date and (y) the total consolidated shareholders’ equity of the Company, excluding accumulated other comprehensive income, as recorded on the Company’s consolidated balance sheet.

Equipment Financing

On October 27, 2022, KICO entered into a sale leaseback transaction, whereby KICO sold $8,096,824 of fixed assets to a bank. Under GAAP, the sale leaseback transaction is recorded as equipment financing (“Financing”). The provisions of the Financing require KICO to pay a monthly payment of principal and interest at the rate of 5.86% per annum totaling

$126,877 for a term of 60 months, which commenced on October 27, 2022. The terms of the Financing provide buyout options to KICO at the end of the 60 month term, which are as follows:

•At the end of the lease, KICO may purchase the fixed assets for a purchase price of $2,024,206, which is 25% of the original fixed asset cost of $8,096,824; or

•KICO may renew the lease for 16 months at the same rental rate, which totals $2,024,206.

A provision of the Financing requires KICO to pledge collateral for the lease obligation. As of December 31, 2025 and 2024, the amount of required collateral was approximately $3,616,000 and $5,308,000, respectively. As of December 31, 2025, the fair value of KICO’s pledged collateral was approximately $3,616,000 in various fixed-maturity securities. As of December 31, 2024, the fair value of KICO’s pledged collateral was approximately $5,308,000 in United States Treasury securities.

Future contractual payment obligations under the Financing as of December 31, 2025 are as follows:


For the Year Ending December 31,	Total
2026	1,296,900
2027	1,119,021
	2,415,921
2027 purchase price	2,024,206
Total	$	4,440,127

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8A

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/470/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
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-Publisher FASB
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Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
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-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
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Reference 23: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Schedule of components of property and equipment

The components of property and equipment are summarized as follows:


	Cost		Accumulated Depreciation		Net

December 31, 2025
Building (1)	$	-	$	-	$	-
Land (1)	460,031		-		460,031
Furniture and office equipment	475,949		(475,949)		-
Computer equipment and software	29,519,178		(22,104,284)		7,414,894
Automobile	163,070		(140,320)		22,750
Total	$	30,618,228	$	(22,720,553)	$	7,897,675

December 31, 2024
Building	$	2,344,188	$	(1,083,235)	$	1,260,953
Land	652,437		-		652,437
Furniture and office equipment	828,011		(828,011)		-
Computer equipment and software	27,360,191		(20,000,218)		7,359,973
Automobile	134,034		(123,427)		10,607
Total	$	31,318,861	$	(22,034,891)	$	9,283,970

Depreciation expense for the years ended December 31, 2025 and 2024 was $2,559,835 and $2,448,932, respectively.

(1) See Note 20- Sale of Real Estate.

Investments - Schedule of Held to Maturity Securities by Contractual Maturity (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Amortized Cost
Less than one year	$ 0	$ 499,719
One to five years	2,063,366	622,375
Five to ten years	0	1,427,579
More than 10 years	3,978,982	4,497,669
Cost or Amortized Cost	6,042,348	7,047,342
Estimated Fair Value
Less than one year	0	499,065
One to five years	2,029,462	600,288
Five to ten years	0	1,323,600
More than 10 years	3,107,805	3,536,312
Total	$ 5,137,267	$ 5,959,265

Summary of Significant Accounting Policies - Schedule of Deposits of Cash Equivalents (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Accounting Policies [Abstract]
Collateralized bank repurchase agreement	$ 194,158	$ 788,833
Money market funds	571,014	1,676,626
Total	$ 765,172	$ 2,465,459

Income Taxes - Narrative (Details) - USD ($)	12 Months Ended
Income Taxes - Narrative (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2018
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 52,634,646	$ 47,313,775
Investment in KICO	759,543	759,543
Income tax paid, federal	8,028,000	0
Income tax paid, state	$ 250	$ 0
Computer equipment and software
Operating Loss Carryforwards [Line Items]
Available state NOLs, Percent	100.00%
Derivative, fixed interest rate	100.00%
Consideration for the exchange amount	$ 3,750,000
Surplus notes	2,921,319
Untaxed interest	1,169,000
Investment in KICO	$ 759,543		$ 759,543
Computer equipment and software \| KIKO
Operating Loss Carryforwards [Line Items]
Business acquisition percentage	100.00%

Investments - Schedule of Equity Securities and Other Investments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Debt Securities, Available-for-Sale [Line Items]
Estimated Fair Value	$ 10,056,595	$ 10,296,505
Fixed income exchange traded funds
Debt Securities, Available-for-Sale [Line Items]
Cost	3,711,232	3,711,232
Gross Gains	0	0
Gross Losses	(724,432)	(808,432)
Estimated Fair Value	2,986,800	2,902,800
Hedge fund
Debt Securities, Available-for-Sale [Line Items]
Cost	1,987,040	1,987,040
Gross Gains	2,565,338	2,393,616
Estimated Fair Value	4,552,378	4,380,656
Equity Securities
Debt Securities, Available-for-Sale [Line Items]
Cost	13,546,654	13,527,554
Gross Gains	0	0
Gross Losses	(3,490,059)	(3,231,049)
Estimated Fair Value	10,056,595	10,296,505
Preferred stocks
Debt Securities, Available-for-Sale [Line Items]
Cost	9,750,322	9,750,322
Gross Gains	0	0
Gross Losses	(2,765,627)	(2,422,617)
Estimated Fair Value	6,984,695	7,327,705
FHLBNY common stock
Debt Securities, Available-for-Sale [Line Items]
Cost	85,100	66,000
Gross Gains	0	0
Gross Losses	0	0
Estimated Fair Value	$ 85,100	$ 66,000

Nature of Business (Details)	12 Months Ended
Nature of Business (Details)	Dec. 31, 2025	Dec. 31, 2024
Nature of Business
Direct written premiums, percentage	98.00%	96.00%

Deferred Policy Acquisition Costs and Deferred Ceding Commission Revenue

12 Months Ended

Dec. 31, 2025

Deferred Policy Acquisition Costs Disclosures [Abstract]

Deferred Policy Acquisition Costs and Deferred Ceding Commission Revenue

Deferred policy acquisition costs incurred and policy-related ceding commission revenue are deferred and amortized to income on property and casualty insurance business as follows:


	Years ended December 31,
	2025		2024

Net deferred policy acquisition costs, net of deferred ceding commission revenue, beginning of year	$	13,191,132	$	10,341,699
Cost incurred and deferred:
Commissions and brokerage	43,554,960		37,956,108
Other underwriting and policy acquisition costs	11,580,881		10,118,578
Ceding commission revenue	(10,748,206)		(20,909,652)
Net deferred policy acquisition costs	44,387,635		27,165,034
Amortization	(38,074,089)		(24,315,601)
	6,313,546		2,849,433
Net deferred policy acquisition costs, net of deferred ceding commission revenue, end of year	$	19,504,678	$	13,191,132

Deferred policy acquisition costs and deferred ceding commission revenue as of December 31, 2025 and 2024 are as follows:


	December 31,
	2025		2024

Deferred policy acquisition costs	$	27,867,207	$	24,732,371
Deferred ceding commission revenue	(8,362,529)		(11,541,239)
Balance at end of period	$	19,504,678	$	13,191,132

Property and Casualty Insurance Activity - Average Historical Claims (Details)	Dec. 31, 2025
Property and Casualty Insurance Activity
1	54.90%
2	19.30%
3	6.00%
4	4.90%
5	4.30%
6	2.60%
7	2.60%
8	1.20%
9	0.30%
10	0.30%

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Dec. 31, 2025	Mar. 10, 2026	Jun. 30, 2025
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2025
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	0-1665
Entity Registrant Name	KINGSTONE COMPANIES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-2476480
Entity Address, Address Line One	120 Wood Road
Entity Address, City or Town	Kingston
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	12401
City Area Code	845
Local Phone Number	802-7900
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	KINS
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 206,834,561
Entity Common Stock, Shares Outstanding		14,476,825
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2025
Entity Central Index Key	0000033992
Amendment Flag	false

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Deferred tax asset:
Net operating loss carryovers	$ 0	$ 419,357
Claims reserve discount	1,562,424	1,305,466
Unearned premium	4,948,868	3,810,973
Deferred ceding commission revenue	1,756,131	2,423,660
Net unrealized losses on securities	1,811,373	3,069,900
Other	916,350	834,921
Total deferred tax assets	10,995,146	11,864,277
Deferred tax liability:
Investment in KICO	759,543	759,543
Deferred acquisition costs	5,852,113	5,193,798
Intangibles	105,000	105,000
Depreciation and amortization	98,931	208,016
Total deferred tax liabilities	6,815,587	6,266,357
Net deferred income tax asset	$ 4,179,559	$ 5,597,920

Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Weighted Average Number Of Shares of Common Stock and Basic and Diluted Loss per Common Share

The reconciliation of the weighted average number of shares of Common Stock used in the calculation of basic and diluted earnings per common share follows:


	Years ended December 31,
	2025	2024

Weighted average number of shares outstanding	13,926,024	11,478,899

Effect of dilutive securities, common share equivalents:
Stock options	171,449	205,961
Warrants	-	554,516
Restricted stock awards	45,700	184,393

Weighted average number of shares outstanding,
used for computing diluted earnings per share	14,143,173	12,423,769

Property and Casualty Insurance Activity

12 Months Ended

Dec. 31, 2025

Property and Casualty Insurance Activity

Property and Casualty Insurance Activity

Premiums written, ceded and earned are as follows:


	Direct		Assumed		Ceded		Net

Year ended December 31, 2025
Premiums written	$	277,800,630	$	-	$	(64,081,564)	$	213,719,066
Change in unearned premiums	(19,326,339)		-		(7,266,005)		(26,592,344)
Premiums earned	$	258,474,291	$	-	$	(71,347,569)	$	187,126,722

Year ended December 31, 2024
Premiums written	$	241,979,937	$	-	$	(87,750,072)	$	154,229,865
Change in unearned premiums	(29,080,195)		-		3,348,250		(25,731,945)
Premiums earned	$	212,899,742	$	-	$	(84,401,822)	$	128,497,920

Premium receipts in advance of the policy effective date are recorded as advance premiums. The balance of advance premiums as of December 31, 2025 and 2024 was $4,003,453 and $3,503,063, respectively.

The components of the liability for loss and LAE expenses and related reinsurance receivables as of December 31, 2025 and 2024 are as follows:


	Gross Liability		Reinsurance Receivables

December 31, 2025
Case-basis reserves	$	75,384,626	$	20,748,974
Loss adjustment expenses	26,359,154		4,206,150
IBNR reserves	38,794,838		8,277,241
Recoverable on unpaid losses			33,232,365
Recoverable on paid losses	-		2,827,829
Total loss and loss adjustment expenses	$	140,538,618	36,060,194
Unearned premiums			22,936,751
Receivables - reinsurance contracts			-
Total reinsurance receivables			$	58,996,945

December 31, 2024
Case-basis reserves	$	64,087,782	$	17,721,033
Loss adjustment expenses	23,442,101		3,940,147
IBNR reserves	38,680,545		10,661,457
Recoverable on unpaid losses			32,322,637
Recoverable on paid losses	-		5,254,482
Total loss and loss adjustment expenses	$	126,210,428	37,577,119
Unearned premiums			31,745,317
Receivables - reinsurance contracts			-
Total reinsurance receivables			$	69,322,436

The following table provides a reconciliation of the beginning and ending balances for unpaid losses and LAE:


	Years ended December 31,
	2025		2024

Balance at beginning of period	$	126,210,428	$	121,817,862
Less reinsurance recoverables	(32,322,637)		(33,288,650)
Net balance, beginning of period	93,887,791		88,529,212

Incurred related to:
Current year	85,349,385		64,414,543
Prior years	(1,083,663)		(1,779,827)
Total incurred	84,265,722		62,634,716

Paid related to:
Current year	40,940,473		32,956,899
Prior years	29,906,787		24,319,238
Total paid	70,847,260		57,276,137

Net balance at end of period	107,306,253		93,887,791
Add reinsurance recoverables	33,232,365		32,322,637
Balance at end of period	$	140,538,618	$	126,210,428

Incurred losses and LAE are net of reinsurance recoveries under reinsurance contracts of $19,019,851 and $20,226,354 for the years ended December 31, 2025 and 2024, respectively.

Prior year incurred loss and LAE development is based upon estimates by line of business and accident year. Prior year loss and LAE development incurred during the years ended December 31, 2025 and 2024 was $1,083,663 favorable and $1,779,827 favorable, respectively. In 2025, property claims overall developed better than expected, driven primarily by reserve takedowns on several large fire and water damage claims from accident years 2023 and 2024, resulting in favorable development. This favorable development was partially offset by increased reserves associated with liability claims, which reflect the inherent variability associated with liability claim settlement patterns. In 2024, the favorable development was primarily attributable to reserve takedowns on several large property losses from accident years 2022 and 2023, reflecting recoverable depreciation. This favorable impact was partially offset by strengthening of reserves for liability claims, particularly related to loss adjustment expenses.

Loss and LAE reserves

The reserving process for loss and LAE reserves provides for the Company’s best estimate at a particular point in time of the ultimate unpaid cost of all losses and LAE incurred, including settlement and administration of losses, and is based on facts and circumstances then known including losses that have occurred but that have not yet been reported. The process relies on standard actuarial reserving methodologies, judgments relative to estimates of ultimate claim severity and frequency, the length of time before losses will develop to their ultimate level (‘tail’ factors), and the likelihood of changes in the law or other external factors that are beyond the Company’s control. Several actuarial reserving methodologies are used to estimate required loss reserves. The process produces carried reserves set by management based upon the actuaries’ best estimate and is the cumulative combination of the best estimates made by line of business, accident year, and loss and LAE. The amount of loss and LAE reserves for individual reported claims (the “case reserve”) is determined by the claims department and changes over time as new information is gathered. Such information is critical to the review of appropriate IBNR reserves and includes a review of coverage applicability, comparative liability on the part of the insured, injury severity, property damage, replacement cost estimates, and any other information considered pertinent to estimating the

exposure presented by the claim. The amounts of loss and LAE reserves for unreported claims and development on known claims (IBNR reserves) are determined using historical information aggregated by line of insurance as adjusted to current conditions. Since this process produces loss reserves set by management based upon the actuaries’ best estimate, there is no explicit or implicit provision for uncertainty in the carried loss reserves.

Due to the inherent uncertainty associated with the reserving process, the ultimate liability may differ, perhaps substantially, from the original estimate. Such estimates are regularly reviewed and updated and any resulting adjustments are included in the current period’s results. Reserves are closely monitored and are recomputed periodically using the most recent information on reported claims and a variety of statistical techniques. On at least a quarterly basis, the Company reviews by line of business existing reserves, new claims, changes to existing case reserves, and paid losses with respect to the current and prior periods. Several methods are used, varying by line of business and accident year, in order to select the estimated period-end loss reserves. These methods include the following:

Paid Loss Development – historical patterns of paid loss development are used to project future paid loss emergence in order to estimate required reserves.

Incurred Loss Development – historical patterns of incurred loss development, reflecting both paid losses and changes in case reserves, are used to project future incurred loss emergence in order to estimate required reserves.

Paid Bornhuetter-Ferguson (“BF”) – an estimated loss ratio for a particular accident year is determined, and is weighted against the portion of the accident year claims that have been paid, based on historical paid loss development patterns. The estimate of required reserves assumes that the remaining unpaid portion of a particular accident year will pay out at a rate consistent with the estimated loss ratio for that year. This method can be useful for situations where an unusually high or low amount of paid losses exists at the early stages of the claims development process.

Incurred Bornhuetter-Ferguson (“BF”) - an estimated loss ratio for a particular accident year is determined, and is weighted against the portion of the accident year claims that have been reported, based on historical incurred loss development patterns. The estimate of required reserves assumes that the remaining unreported portion of a particular accident year will pay out at a rate consistent with the estimated loss ratio for that year. This method can be useful for situations where an unusually high or low amount of reported losses exists at the early stages of the claims development process.

Incremental Claim-Based Methods – historical patterns of incremental incurred losses and paid LAE during various stages of development are reviewed and assumptions are made regarding average loss and LAE development applied to remaining claims inventory. Such methods more properly reflect changes in the speed of claims closure and the relative adequacy of case reserve levels at various stages of development. These methods may provide a more accurate estimate of IBNR for lines of business with relatively few remaining open claims but for which significant recent settlement activity has occurred.

Frequency / Severity Based Methods – historical measurements of claim frequency and average paid claim size (severity) are reviewed for more mature accident years where a majority of claims have been reported and/or closed. These historical averages are trended forward to more recent periods in order to estimate ultimate losses for newer accident years that are not yet fully developed. These methods are useful for lines of business with slow and/or volatile loss development patterns, such as liability lines where information pertaining to individual cases may not be completely known for many years. The claim frequency and severity information for older periods can then be used as reasonable measures for developing a range of estimates for more recent immature periods.

Management’s best estimate of required reserves is generally based on an average of the methods above, with appropriate weighting of methods based on the line of business and accident year being projected. In some cases, additional methods or historical data from industry sources are employed to supplement the projections derived from the methods listed above.

Three key assumptions that materially affect the estimate of loss reserves are the loss ratio estimate for the current accident year used in the BF methods, the loss development factor selections used in the loss development methods, and the loss severity assumptions used in the frequency / severity method described above. The loss ratio estimates used in the BF methods are selected after reviewing historical accident year loss ratios adjusted for rate changes, trend, and mix of business. The severity assumptions used in the frequency / severity method are determined by reviewing historical average claim severity for older more mature accident periods, trended forward to less mature accident periods.

The Company reviews the carried reserves levels on a regular basis as additional information becomes available and makes adjustments in the periods in which such adjustments are determined to be necessary. The Company is not aware of any claim trends that have emerged or that would cause future adverse development that have not already been contemplated in setting current carried reserves levels.

In New York State, lawsuits for negligence are subject to certain limitations and must be commenced within three years from the date of the accident or are otherwise barred. Accordingly, the Company’s exposure to unreported claims (“pure” IBNR) for accident dates of December 31, 2022 and prior is limited, although there remains the possibility of adverse development on reported claims (“case development” IBNR). In certain rare circumstances states have retroactively revised a statute of limitations. The Company is not aware of any such effort that would have a material impact on the Company’s results.

The following is information about incurred and paid claims development as of December 31, 2025, net of reinsurance, as well as the cumulative reported claims by accident year and total IBNR reserves as of December 31, 2025 included in the net incurred loss and allocated expense amounts. The historical information regarding incurred and paid claims development for the years ended December 31, 2016 to December 31, 2024 is presented as supplementary unaudited information.

All Lines of Business

(in thousands, except reported claims data)


	Incurred Loss and Allocated Loss Adjustment Expenses, Net of Reinsurance																				As of December 31, 2025
	For the Years Ended December 31,																				IBNR		Cumulative Number of Reported Claims by Accident Year
Accident Year	2016		2017		2018		2019		2020		2021		2022		2023		2024		2025
	(Unaudited 2016 - 2024)

2016	$	26,062	$	24,941	$	24,789	$	27,887	$	27,966	$	27,417	$	27,352	$	27,271	$	27,247	$	27,171	$	31	2,884
2017			31,605		32,169		35,304		36,160		36,532		36,502		36,819		37,268		37,359		149		3,401
2018					54,455		56,351		58,441		59,404		61,237		61,145		61,686		61,897		425		4,238
2019							75,092		72,368		71,544		71,964		73,310		74,363		76,337		2,025		4,509
2020									63,083		62,833		63,217		63,562		64,400		65,888		934		5,896
2021											96,425		96,673		96,134		96,771		98,411		1,303		5,836
2022													79,835		78,759		78,078		77,319		2,533		4,721
2023															78,978		72,025		70,128		5,125		4,097
2024																	57,860		54,364		7,014		3,140
2025																			77,556		20,697		2,306
																	Total		$	646,429

All Lines of Business

(in thousands)


Accident Year	Cumulative Paid Loss and Allocated Loss Adjustment Expenses, Net of Reinsurance
	For the Years Ended December 31,
	2016		2017		2018		2019		2020		2021		2022		2023		2024		2025

	(Unaudited 2016 - 2024)

2016	$	15,364	$	19,001	$	21,106	$	23,974	$	25,234	$	25,750	$	26,382	$	26,854	$	26,808	$	26,876
2017			16,704		24,820		28,693		31,393		32,529		33,522		34,683		35,046		35,336
2018					32,383		44,516		50,553		52,025		54,424		56,199		57,185		57,798
2019							40,933		54,897		58,055		60,374		63,932		66,109		68,648
2020									39,045		50,719		53,432		56,523		59,220		60,859
2021											56,282		77,756		82,317		85,314		90,865
2022													45,856		65,732		68,170		70,703
2023															46,280		56,952		59,571
2024																	29,013		40,086
2025																			36,572
																	Total		$	547,316

Net liability for unpaid loss and allocated loss adjustment expenses for the accident years presented																			$	99,113
All outstanding liabilities before 2016, net of reinsurance																			1,441
Liabilities for loss and allocated loss adjustment expenses, net of reinsurance																			$	100,554

(Components may not sum to totals due to rounding)

Reported claim counts are measured on an occurrence or per event basis. A single claim occurrence could result in more than one loss type or claimant; however, the Company counts claims at the occurrence level as a single claim regardless of the number of claimants or claim features involved.

The reconciliation of the net incurred and paid claims development tables to the liability for loss and LAE reserves in the consolidated balance sheet is as follows:

Reconciliation of the Disclosure of Incurred and Paid Loss Development

to the Liability for Loss and LAE Reserves


(in thousands)	As of December 31, 2025
Liabilities for allocated loss and loss adjustment expenses, net of reinsurance	$	100,554
Total reinsurance recoverable on unpaid losses	33,232
Unallocated loss adjustment expenses	6,753
Total gross liability for loss and LAE reserves	$	140,539

(Components may not sum to totals due to rounding)

The following is supplementary unaudited information about average historical claims duration as of December 31, 2025:


Average Annual Percentage Payout of Incurred Loss and Allocated Loss Adjustment Expenses by Age, Net of Reinsurance
Years	1		2		3		4		5		6		7		8		9		10
All Lines of Business	54.9	%	19.3	%	6.0	%	4.9	%	4.3	%	2.6	%	2.6	%	1.2	%	0.3	%	0.3	%

The percentages in the above table do not add up to 100 because the percentages represent averages across all accident years at each development stage.

Property and Equipment - Narrative (Details) - USD ($)	12 Months Ended
Property and Equipment - Narrative (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
Depreciation	$ 2,559,835	$ 2,448,932

Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2025

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Data

The following is a summary of unaudited quarterly results of operations for the years ended December 31, 2025 and 2024:


	2025
	March 31,		June 30,		September 30,		December 31,		Total

Net premiums earned	$	43,523,063	$	46,215,260	$	47,925,053	$	49,463,346	$	187,126,722
Ceding commission revenue	2,958,691		3,081,556		4,900,401		4,734,323		15,674,971
Net investment income	2,048,596		2,300,267		2,499,071		2,950,830		9,798,764
Net (losses) gains on investments	(137,979)		546,451		182,122		(900,588)		(309,994)
Realized gain on sale of real estate	1,965,989		—		—		—		1,965,989
Total revenues	50,498,775		52,294,779		55,652,490		56,421,257		214,867,301
Loss and loss adjustment expenses	27,175,078		17,927,162		21,232,324		17,931,158		84,265,722
Commission expense and
other underwriting expenses	16,718,302		18,356,996		18,666,524		18,703,749		72,445,571
Net income	3,882,660		11,252,332		10,872,475		14,759,661		40,767,128
Basic earnings per share	$	0.29	$	0.81	$	0.77	$	1.04	$	2.93
Diluted earnings per share	$	0.27	$	0.78	$	0.74	$	1.03	$	2.88


	2024
	March 31,		June 30,		September 30,		December 31,		Total

Net premiums earned	$	28,819,902	$	30,303,612	$	33,407,194	$	35,967,212	$	128,497,920
Ceding commission revenue	4,567,111		4,561,961		4,741,676		4,967,198		18,837,946
Net investment income	1,502,860		1,764,596		1,649,673		1,906,461		6,823,590
Net gains (losses) on investments	726,391		(233,606)		826,522		(904,756)		414,551
Total revenues	35,765,177		36,502,115		40,771,728		42,103,083		155,142,103
Loss and loss adjustment expenses	17,859,587		14,238,308		13,027,597		17,509,224		62,634,716
Commission expense and
other underwriting expenses	13,732,417		14,133,005		15,898,844		15,857,794		59,622,060
Net income	1,426,679		4,514,937		6,978,145		5,438,675		18,358,436
Basic earnings per share	$	0.13	$	0.41	$	0.61	$	0.44	$	1.60
Diluted earnings per share	$	0.12	$	0.37	$	0.55	$	0.40	$	1.48

Income Taxes

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Income Taxes

The Company files a consolidated U.S. federal income tax return that includes all wholly owned subsidiaries. State tax returns are filed on a consolidated or separate return basis depending on applicable laws. The Company records adjustments related to prior years’ taxes during the period when they are identified, generally when the tax returns are filed. The effect of these adjustments on the current and prior periods (during which the differences originated) is evaluated based upon quantitative and qualitative factors and are considered in relation to the consolidated financial statements taken as a whole for the respective periods.

Enactment of the One Big Beautiful Bill Act of 2025

On July 4, 2025, the U.S. enacted a budget reconciliation package known as the One Big Beautiful Bill Act of 2025 (OBBBA), which includes both tax and non-tax provisions. The changes resulting from the tax provisions in OBBBA did not have a material impact on the Company’s income tax expense and results of operations, financial position or liquidity.

Components of Income Tax Expense

For the year ended December 31, 2025, the provision for income taxes is comprised of the following:


Federal income tax before utilization of net operating loss	$	10,896,837
Utilization of net operating loss	(419,357)
Current federal income tax expense	10,477,480
Current state income tax expense (1)	2,590
Deferred federal and state income tax (benefit) (2)	(201,548)
Income tax	$	10,278,522

For the year ended December 31, 2024, the provision for income taxes is comprised of the following:


Current federal income tax expense	$	-
Current state income tax expense (1)	2,160
Deferred federal and state income tax (2)	4,927,561
Income tax	$	4,929,721

(2) For the years ended December 31, 2025 and 2024, the Company recorded a 100% valuation allowance for state deferred taxes. See state valuation allowance discussion below.

Tax Rate Reconciliation

For the year ended December 31, 2025, a reconciliation of the federal statutory rate to the Company’s effective tax rate is as follows:


Income from operations before taxes	$	51,045,650
Federal statutory income tax rate	21		%
Taxes at federal statutory rate	$	10,719,587		21.0	%
State income taxes, net of federal effect	11,013			—
Nontaxable and nondeductible items
Dividends received deduction	(51,835)			(0.1)
Non-taxable investment income	(167,401)			(0.3)
Stock-based compensation	(563,954)			(1.1)
Other nontaxable and nondeductible items	318,977			0.6
Other	12,135			(0.1)

Effective tax rate	$	10,278,522		20.0	%

For the year ended December 31, 2024, a reconciliation of the federal statutory rate to the Company’s effective tax rate is as follows:


Computed expected tax expense	$	4,890,513	21.0	%
State taxes, net of Federal benefit	(431,749)		(1.9)	%
State valuation allowance	439,905		1.9	%
Permanent differences
Dividends received deduction	(64,525)		(0.3)	%
Non-taxable investment income	(122,194)		(0.5)	%
Stock-based compensation	(280,104)		(1.2)	%
Sale leaseback transaction	99,775		0.4	%
Other permanent differences	191,488		0.8	%
Prior year tax matters	173,572		0.8	%
Other	33,040		0.1	%

Income tax expense, as reported	$	4,929,721	21.2	%

Income Taxes Paid

For the year ended December 31, 2025, the Company paid federal income taxes of $8,028,000 and state income taxes of $250. For the year ended December 31, 2024, the Company did not pay any income taxes due to utilization of net operating losses.

Deferred Tax Asset

Deferred tax assets and liabilities are determined using the enacted tax rates applicable to the period the temporary differences are expected to be recovered. Accordingly, the current period income tax provision can be affected by the enactment of new tax rates. The net deferred income taxes on the balance sheets reflect temporary differences between the carrying amounts of the assets and liabilities for financial reporting purposes and income tax purposes, tax effected at various rates depending on whether the temporary differences are subject to federal taxes, state taxes, or both.

Significant components of the Company’s deferred tax assets and liabilities are as follows:


	December 31, 2025		December 31, 2024

Deferred tax asset:
Net operating loss carryovers (1)	$	—	$	419,357
Claims reserve discount	1,562,424		1,305,466
Unearned premium	4,948,868		3,810,973
Deferred ceding commission revenue	1,756,131		2,423,660
Net unrealized losses on securities	1,811,373		3,069,900
Other	916,350		834,921
Total deferred tax assets	10,995,146		11,864,277

Deferred tax liability:
Investment in KICO (2)	759,543		759,543
Deferred acquisition costs	5,852,113		5,193,798
Intangibles	105,000		105,000
Depreciation and amortization	98,931		208,016
Total deferred tax liabilities	6,815,587		6,266,357

Net deferred income tax asset	$	4,179,559	$	5,597,920

(1)The deferred tax assets from net operating loss carryovers are as follows:


Type of NOL	December 31, 2025		December 31, 2024		Expiration

Federal only, NOL from 2024 and 2023	$	-	$	419,357	None

State only (A)	3,421,252		3,075,395		December 2027 - December 2043
Valuation allowance	(3,421,252)		(3,075,395)
State only, net of valuation allowance	-		-

Total deferred tax asset from net operating loss carryovers	$	-	$	419,357

(A) Kingstone generates operating losses for state purposes and has prior year NOLs available. The state NOL as of December 31, 2025 and 2024 was approximately $52,634,646 and $47,313,775, respectively. KICO, the Company’s insurance underwriting subsidiary, is not subject to state income taxes. KICO’s state tax obligations are paid through a gross premiums tax, which is included in the consolidated statements of income and comprehensive income within other underwriting expenses. Kingstone has recorded a valuation allowance due to the uncertainty of generating enough state taxable income to utilize 100% of the available state NOLs over their remaining lives, which expire between 2027 and 2044.

(2)Deferred tax liability - investment in KICO

On July 1, 2009, the Company completed the acquisition of 100% of the issued and outstanding common stock of KICO (formerly known as Commercial Mutual Insurance Company (“CMIC”)) pursuant to the conversion of CMIC from an advance premium cooperative insurance company to a stock property and casualty insurance company. Pursuant to the plan of conversion, the Company acquired a 100% equity interest in KICO, in consideration for the exchange of $3,750,000 principal amount of surplus notes of CMIC. In addition, the Company forgave all accrued and unpaid interest on the surplus notes as of the date of conversion. As of the date of acquisition, unpaid accrued interest on the surplus notes along with the accretion of the discount on the original purchase of the surplus notes totaled $2,921,319 (collectively the “Untaxed Interest”). As of the date of acquisition, the deferred tax liability on the Untaxed Interest was $1,169,000. Under GAAP guidance for business combinations, a temporary difference with an indefinite life exists when the parent company has a lower carrying value of its subsidiary for income tax purposes. The deferred tax liability was reduced to $759,543 upon the reduction of federal income tax rates as of December 31, 2017. The Company is required to maintain its deferred tax liability of $759,543 related to this temporary difference until the stock of KICO is sold, or the assets of KICO are sold or KICO and the parent are merged.

The table below reconciles the changes in net deferred income tax assets (liabilities) to the deferred income tax benefit for the year ended December 31, 2025:


Decrease in net deferred income tax assets	$	1,418,361
Less: Deferred tax expense allocated to other comprehensive income	1,619,909
Deferred income tax benefit	$	(201,548)

In assessing the valuation of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. No valuation allowance against deferred tax assets has been established, except for NOL limitations, as the Company believes it is more likely than not the deferred tax assets will be realized based on the historical taxable income of KICO, or by offset to deferred tax liabilities.

Uncertain Tax Positions

The Company had no material unrecognized tax benefit and no adjustments to liabilities or operations were required. There were no interest or penalties related to income taxes that have been accrued or recognized as of and for the years ended December 31, 2025 and 2024. If any had been recognized these would have been reported in income tax expense.

Generally, taxing authorities may examine the Company’s tax returns for the three years from the date of filing. The Company’s tax returns for the years ended December 31, 2022 through December 31, 2024 remain subject to examination.

- Definition

The entire disclosure for income tax.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477617/942-740-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480738/235-10-S50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 740
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478822/944-740-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 231
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482663/740-10-55-231

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12C

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 12B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-12B

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 270
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477891/740-270-50-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 6.I.5.Q1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-13

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/740/tableOfContent

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-14

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 21
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-21

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 17
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-17

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479360/740-10-S99-2

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482603/740-30-50-2

+ Details

Deferred Policy Acquisition Costs and Deferred Ceding Commission Revenue (Tables)

12 Months Ended

Dec. 31, 2025

Deferred Policy Acquisition Costs Disclosures [Abstract]

Schedule of Deferred Policy Acquisition Costs

Deferred policy acquisition costs incurred and policy-related ceding commission revenue are deferred and amortized to income on property and casualty insurance business as follows:


	Years ended December 31,
	2025		2024

Net deferred policy acquisition costs, net of deferred ceding commission revenue, beginning of year	$	13,191,132	$	10,341,699
Cost incurred and deferred:
Commissions and brokerage	43,554,960		37,956,108
Other underwriting and policy acquisition costs	11,580,881		10,118,578
Ceding commission revenue	(10,748,206)		(20,909,652)
Net deferred policy acquisition costs	44,387,635		27,165,034
Amortization	(38,074,089)		(24,315,601)
	6,313,546		2,849,433
Net deferred policy acquisition costs, net of deferred ceding commission revenue, end of year	$	19,504,678	$	13,191,132

Deferred policy acquisition costs and deferred ceding commission revenue as of December 31, 2025 and 2024 are as follows:


	December 31,
	2025		2024

Deferred policy acquisition costs	$	27,867,207	$	24,732,371
Deferred ceding commission revenue	(8,362,529)		(11,541,239)
Balance at end of period	$	19,504,678	$	13,191,132

Subsequent Events (Details) - USD ($)		12 Months Ended
Subsequent Events (Details) - USD ($)	Feb. 19, 2026	Dec. 31, 2025	Jan. 21, 2026
Subsequent Event [Line Items]
Dividends paid		$ 1,414,397
Subsequent Event
Subsequent Event [Line Items]
Dividends (in dollars per share)			$ 0.05
Dividends paid	$ 1,800,000

Segment Information - Return on Equity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Segment Reporting Information [Line Items]
Commission expense and other underwriting expenses	$ 72,445,571	$ 59,622,060
Ceding commission revenue	15,674,971	18,837,946
Other income	610,849	568,096
Net premiums earned	187,126,722	128,497,920
Stockholders' equity beginning of period	66,708,451	34,504,139
Stockholders' equity end of period	122,731,249	66,708,451
Net investment income	9,798,764	6,823,590
Assets	$ 453,425,151	$ 374,915,843
Reportable Segment
Segment Reporting Information [Line Items]
Net loss ratio	45.00%	48.70%
Net underwriting expense ratio	30.00%	31.30%
Net combined ratio	75.00%	80.00%
Commission expense and other underwriting expenses	$ 72,445,571	$ 59,622,060
Ceding commission revenue	(15,674,971)	(18,837,946)
Other income	(610,212)	(549,967)
Total commission expense and other underwriting expenses	56,160,388	40,234,147
Net premiums earned	187,126,722	128,497,920
Stockholders' equity beginning of period	66,708,451	34,504,139
Stockholders' equity end of period	122,731,249	66,708,451
Average stockholders' equity	94,719,850	50,606,295
Net investment income	$ 9,798,764	$ 6,823,590
Return on equity on net investment income	10.30%	13.50%
Assets	$ 453,425,151	$ 374,915,843

Property and Casualty Insurance Activity (Tables)

12 Months Ended

Dec. 31, 2025

Property and Casualty Insurance Activity

Schedule of Earned Premiums

Premiums written, ceded and earned are as follows:


	Direct		Assumed		Ceded		Net

Year ended December 31, 2025
Premiums written	$	277,800,630	$	-	$	(64,081,564)	$	213,719,066
Change in unearned premiums	(19,326,339)		-		(7,266,005)		(26,592,344)
Premiums earned	$	258,474,291	$	-	$	(71,347,569)	$	187,126,722

Year ended December 31, 2024
Premiums written	$	241,979,937	$	-	$	(87,750,072)	$	154,229,865
Change in unearned premiums	(29,080,195)		-		3,348,250		(25,731,945)
Premiums earned	$	212,899,742	$	-	$	(84,401,822)	$	128,497,920

Schedule of Liability for Loss and LAE Expenses

The components of the liability for loss and LAE expenses and related reinsurance receivables as of December 31, 2025 and 2024 are as follows:


	Gross Liability		Reinsurance Receivables

December 31, 2025
Case-basis reserves	$	75,384,626	$	20,748,974
Loss adjustment expenses	26,359,154		4,206,150
IBNR reserves	38,794,838		8,277,241
Recoverable on unpaid losses			33,232,365
Recoverable on paid losses	-		2,827,829
Total loss and loss adjustment expenses	$	140,538,618	36,060,194
Unearned premiums			22,936,751
Receivables - reinsurance contracts			-
Total reinsurance receivables			$	58,996,945

December 31, 2024
Case-basis reserves	$	64,087,782	$	17,721,033
Loss adjustment expenses	23,442,101		3,940,147
IBNR reserves	38,680,545		10,661,457
Recoverable on unpaid losses			32,322,637
Recoverable on paid losses	-		5,254,482
Total loss and loss adjustment expenses	$	126,210,428	37,577,119
Unearned premiums			31,745,317
Receivables - reinsurance contracts			-
Total reinsurance receivables			$	69,322,436

Schedule of Unpaid Losses and LAE

The following table provides a reconciliation of the beginning and ending balances for unpaid losses and LAE:


	Years ended December 31,
	2025		2024

Balance at beginning of period	$	126,210,428	$	121,817,862
Less reinsurance recoverables	(32,322,637)		(33,288,650)
Net balance, beginning of period	93,887,791		88,529,212

Incurred related to:
Current year	85,349,385		64,414,543
Prior years	(1,083,663)		(1,779,827)
Total incurred	84,265,722		62,634,716

Paid related to:
Current year	40,940,473		32,956,899
Prior years	29,906,787		24,319,238
Total paid	70,847,260		57,276,137

Net balance at end of period	107,306,253		93,887,791
Add reinsurance recoverables	33,232,365		32,322,637
Balance at end of period	$	140,538,618	$	126,210,428

Schedule of Incurred Claims and Allocated Claim Adjustment Expenses

All Lines of Business

(in thousands, except reported claims data)


	Incurred Loss and Allocated Loss Adjustment Expenses, Net of Reinsurance																				As of December 31, 2025
	For the Years Ended December 31,																				IBNR		Cumulative Number of Reported Claims by Accident Year
Accident Year	2016		2017		2018		2019		2020		2021		2022		2023		2024		2025
	(Unaudited 2016 - 2024)

2016	$	26,062	$	24,941	$	24,789	$	27,887	$	27,966	$	27,417	$	27,352	$	27,271	$	27,247	$	27,171	$	31	2,884
2017			31,605		32,169		35,304		36,160		36,532		36,502		36,819		37,268		37,359		149		3,401
2018					54,455		56,351		58,441		59,404		61,237		61,145		61,686		61,897		425		4,238
2019							75,092		72,368		71,544		71,964		73,310		74,363		76,337		2,025		4,509
2020									63,083		62,833		63,217		63,562		64,400		65,888		934		5,896
2021											96,425		96,673		96,134		96,771		98,411		1,303		5,836
2022													79,835		78,759		78,078		77,319		2,533		4,721
2023															78,978		72,025		70,128		5,125		4,097
2024																	57,860		54,364		7,014		3,140
2025																			77,556		20,697		2,306
																	Total		$	646,429

Schedule of Cumulative Paid Claims and Allocated Claim Adjustment Expenses

All Lines of Business

(in thousands)


Accident Year	Cumulative Paid Loss and Allocated Loss Adjustment Expenses, Net of Reinsurance
	For the Years Ended December 31,
	2016		2017		2018		2019		2020		2021		2022		2023		2024		2025

	(Unaudited 2016 - 2024)

2016	$	15,364	$	19,001	$	21,106	$	23,974	$	25,234	$	25,750	$	26,382	$	26,854	$	26,808	$	26,876
2017			16,704		24,820		28,693		31,393		32,529		33,522		34,683		35,046		35,336
2018					32,383		44,516		50,553		52,025		54,424		56,199		57,185		57,798
2019							40,933		54,897		58,055		60,374		63,932		66,109		68,648
2020									39,045		50,719		53,432		56,523		59,220		60,859
2021											56,282		77,756		82,317		85,314		90,865
2022													45,856		65,732		68,170		70,703
2023															46,280		56,952		59,571
2024																	29,013		40,086
2025																			36,572
																	Total		$	547,316

Net liability for unpaid loss and allocated loss adjustment expenses for the accident years presented																			$	99,113
All outstanding liabilities before 2016, net of reinsurance																			1,441
Liabilities for loss and allocated loss adjustment expenses, net of reinsurance																			$	100,554

Schedule of the Net Incurred and Paid Claims

The reconciliation of the net incurred and paid claims development tables to the liability for loss and LAE reserves in the consolidated balance sheet is as follows:

Reconciliation of the Disclosure of Incurred and Paid Loss Development

to the Liability for Loss and LAE Reserves


(in thousands)	As of December 31, 2025
Liabilities for allocated loss and loss adjustment expenses, net of reinsurance	$	100,554
Total reinsurance recoverable on unpaid losses	33,232
Unallocated loss adjustment expenses	6,753
Total gross liability for loss and LAE reserves	$	140,539

(Components may not sum to totals due to rounding)

Schedule of Supplementary Unaudited Information about Average Historical Claims Duration

The following is supplementary unaudited information about average historical claims duration as of December 31, 2025:


Average Annual Percentage Payout of Incurred Loss and Allocated Loss Adjustment Expenses by Age, Net of Reinsurance
Years	1		2		3		4		5		6		7		8		9		10
All Lines of Business	54.9	%	19.3	%	6.0	%	4.9	%	4.3	%	2.6	%	2.6	%	1.2	%	0.3	%	0.3	%

Stockholders Equity - Narrative (Details) - USD ($)				1 Months Ended		3 Months Ended		12 Months Ended
Stockholders Equity - Narrative (Details) - USD ($)	Sep. 12, 2024	Aug. 12, 2024	Aug. 07, 2024	May 31, 2024	Jun. 19, 2021	Dec. 31, 2025	Sep. 30, 2025	Dec. 31, 2025	Dec. 31, 2024	Jan. 07, 2025	Apr. 05, 2024	Aug. 09, 2023	Dec. 15, 2022	Aug. 10, 2021	Aug. 05, 2020
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Dividends payable, amount (per share)						$ 0.05	$ 0.05	$ 0.10	$ 0
Preferred stock issued (in shares)						0		0	0
Options granted (in shares)								0	52,719
Stock based compensation for stock options								$ 71,000	$ 196,000
Weighted average estimated fair value (in dollars per share)									$ 1.24
Share price (in dollars per share)						$ 16.83		$ 16.83
Exercise of options under share exchange (in shares)								23,564	63,333
Proceeds from exercise of stock options								$ 62,714	$ 63,711
Exercise options (in shares)									7,974
Issuance of common stock (in shares)									690
Exercise of stock options (in shares)								27,923
Unvested option awards (in shares)						120,801		120,801
Stock option awards						$ 7,000		$ 7,000
Stock based compensation for grants								1,387,000	$ 1,187,000
Unamortized compensation cost						$ 2,170,478		$ 2,170,478
Maximum number of shares per employee (in shares)					5,000
Purchase of warrants (in shares)						604,388		604,388	304,413				969,525
Fair value of unamortized compensation cost									$ 993,200
Exercise price (in dollars per share)						$ 1.00		$ 1.00
Warrants exercised (in shares)								642,025	327,500
Equity and debt securities registration amount											$ 50,000,000
Net proceeds from issuance of common stock								$ 9,470,453	$ 13,610,807
Weighted average remaining contractual period	21 months 15 days								36 months 15 days
2014 Equity Participation Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum shares of common stock (in shares)		700,000										1,900,000			1,400,000
Expiration period		10 years
2024 Equity Participation Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum shares of common stock (in shares)			1,000,000
Expiration period			10 years
Options granted (in shares)								256,773
At-the-Market Offering
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Offering price				$ 16,400,000
Common stock (in shares)								612,999
Weighted average price per share (in dollars per share)								$ 16.00
Net proceeds from issuance of common stock								$ 9,464,323
Remaining capacity to sell additional common stock						$ 15,945,937		$ 15,945,937
Aggregate offering price for ATM program										$ 25,000,000
Options Granted to 10% Shareholder \| 2014 Equity Participation Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiration period		5 years
Options Granted to 10% Shareholder \| 2024 Equity Participation Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiration period		5 years
Non-Statutory Stock Options \| 2014 Equity Participation Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiration period		10 years
Non-Statutory Stock Options \| 2024 Equity Participation Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expiration period		10 years
Employee Stock Option
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average vesting period								1 year 3 days
Restricted Stock
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted average estimated fair value (in dollars per share)								$ 4.10
Weighted average vesting period								1 year 11 months 15 days
ESPP
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Maximum shares of common stock (in shares)														750,000
Stock-based compensation expense								$ 24,000	$ 0

Stockholders Equity

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Stockholders' Equity

Stockholders’ Equity

Dividends Declared

On July 22, 2025, the Company’s Board of Directors approved a quarterly dividend of $0.05 per share which was paid in cash on August 26, 2025 to stockholders of record as of the close of business on August 11, 2025. On October 30, 2025, the Company’s Board of Directors approved a quarterly dividend of $0.05 per share which was paid in cash on November 26, 2025 to stockholders of record as of the close of business on November 11, 2025. See Note 21 - Subsequent Events, Dividend Declared.

Preferred Stock

The Board of Directors has the authority to issue shares of Preferred Stock from time to time in a series and to fix, before the issuance of each series, the number of shares in each series and the designation, liquidation preferences, conversion privileges, rights and limitations of each series. There was no preferred stock issued as of December 31, 2025 and 2024.

2014 Equity Participation Plan

Effective August 12, 2014, the Company's stockholders approved the 2014 Equity Participation Plan (the “2014 Plan”) pursuant to which a maximum of 700,000 shares of Common Stock of the Company were initially authorized to be issued pursuant to the grant of incentive stock options, non-statutory stock options, stock appreciation rights, restricted stock and stock bonuses. Incentive stock options granted under the 2014 Plan expire no later than ten years from the date of grant (except no later than five years for a grant to a 10% stockholder). Non-statutory stock options granted under the 2014 Plan expire no later than ten years from the date of grant. The Board of Directors or the Compensation Committee determined the vesting provisions for stock awards granted under the 2014 Plan, subject to the provisions of the 2014 Plan. On August 5, 2020, the Company’s stockholders approved amendments to the 2014 Plan, including an increase in the maximum number of shares of Common Stock of the Company that were authorized to be issued pursuant to the 2014 Plan to 1,400,000. On August 9, 2023, the Company’s stockholders approved an amendment to the 2014 Plan to increase the maximum number of shares of Common Stock of the Company that were authorized to be issued pursuant to the 2014 Plan to 1,900,000. The 2014 Plan terminated on August 12, 2024 and no further awards may be granted under the 2014 Plan.

2024 Equity Participation Plan

Effective August 7, 2024, the Company's stockholders approved the 2024 Equity Participation Plan (the “2024 Plan”). pursuant to which a maximum of 1,000,000 shares of Common Stock of the Company are authorized to be issued pursuant to the grant of incentive stock options, non-statutory stock options, stock appreciation rights, and stock bonus awards. Incentive stock options granted under the 2024 Plan expire no later than ten years from the date of grant (except no later than five years for a grant to a 10% stockholder). Non-statutory stock options granted under the 2024 Plan expire no later than ten years from the date of grant. The Board of Directors or the Compensation Committee determines the vesting provisions for stock awards granted under the 2024 Plan, subject to the provisions of the 2024 Plan. The 2024 Plan terminates on May 10, 2034 and no further awards may be granted under the 2024 Plan after such date.

As of December 31, 2025, there were 256,773 shares granted under the 2024 Plan.

Stock Options

The results of operations for the years ended December 31, 2025 and 2024 include stock-based compensation expense for stock options totaling approximately $71,000 and $196,000, respectively, which is included in other operating expenses on the accompanying Consolidated Statements of Income and Comprehensive Income. Stock-based compensation expense related to stock options for the year ended December 31, 2025 is net of estimated forfeitures of approximately 24%.

No options were granted during the year ended December 31, 2025. The weighted average estimated fair value of stock options granted during the year ended December 31, 2024 was $1.24 per share. The fair value of stock options at the grant date was estimated using the Black-Scholes option-pricing model. The Black-Scholes option - pricing model was developed for use in estimating the fair value of traded options, which have no vesting restrictions and are fully transferable. In addition, option valuation models require the input of highly subjective assumptions including the expected stock price volatility. Because the Company’s stock options have characteristics significantly different from those of traded options, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management's opinion, the existing models do not necessarily provide a reliable single measure of the fair value of the Company’s stock options.

The following weighted average assumptions were used for grants during the following periods:


	Years ended December 31,
	2025	2024

Dividend Yield	n/a	0.00%
Volatility	n/a	74.72%
Risk-Free Interest Rate	n/a	4.17%
Expected Life	n/a	3.50 years

There have been no stock options granted under the 2024 Plan. A summary of stock option activity under the Company’s 2014 Plan and 2024 Plan for the year ended December 31, 2025 is as follows:


Stock Options	Number of Shares	Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term	Aggregate Intrinsic Value

Outstanding at January 1, 2025	281,913	$	2.71	3.74	$	3,517,171

Granted	-	$	-	-	$	-
Exercised	(65,673)	$	4.24	-	$	747,116
Expired/Forfeited	(16,249)	$	2.25	3.68	$	231,902

Outstanding at December 31, 2025	199,991	$	2.25	3.08	$	2,915,869

Vested and Exercisable at December 31, 2025	79,190	$	2.25	3.08	$	1,154,590

The aggregate intrinsic value of options outstanding and options exercisable at December 31, 2025 is calculated as the difference between the exercise price of the underlying options and the market price of the Company’s Common Stock for the options that had exercise prices that were lower than the $16.83 closing price of the Company’s Common Stock on

December 31, 2025. The total intrinsic value of options when forfeited are determined as of the date of forfeiture. The total intrinsic value of options when expired are determined as of the date of expiration.

Participants in the 2014 Plan and the 2024 Plan may exercise their outstanding vested options, in whole or in part, by having the Company reduce the number of shares otherwise issuable by a number of shares having a fair market value equal to the exercise price of the option being exercised ("Net Exercise"), or by exchanging a number of shares owned for a period of greater than one year having a fair market value equal to the exercise price of the option being exercised ("Share Exchange").

The Company received $62,714 from the exercise of 27,923 options during the year ended December 31, 2025. The remaining options exercised during the year ended December 31, 2025 were Net Exercises and Share Exchanges, resulting in the issuance of 23,564 shares of Common Stock.

The Company received 52,719 shares from the exercise of options under a Share Exchange for the purchase of 63,333 shares of Common Stock during the year ended December 31, 2024. Such shares received under the Share Exchange have been included in the consolidated balance sheets within treasury stock. The Company received $63,711 from the exercise of 7,974 options. The remaining option exercised during the year ended December 31, 2024 was a Net Exercise, resulting in the issuance of 690 shares of Common Stock.

As of December 31, 2025, the estimated fair value of unamortized compensation cost related to 120,801 unvested stock option awards was approximately $7,000. Unamortized compensation cost as of December 31, 2025 is expected to be recognized over a remaining weighted-average vesting period of 1.01 years.

Restricted Stock Awards

A summary of the restricted Common Stock activity under the Company’s 2014 Plan and 2024 Plan for the year ended December 31, 2025 is as follows:


Restricted Stock Awards	Shares	Weighted Average Grant Date Fair Value per Share		Aggregate Fair Value

Balance at January 1, 2025	267,586	$	5.24	$	1,402,151

Granted	198,018	$	15.51	$	3,071,259
Vested	(231,613)	$	4.10	$	(949,613)
Forfeited	(10,703)	$	9.09	$	(97,290)

Balance at December 31, 2025	223,288	$	15.35	$	3,426,507

Fair value was calculated using the closing price of the Company’s Common Stock on the grant date. For the years ended December 31, 2025 and 2024, stock-based compensation for these grants was approximately $1,387,000 and $1,187,000, respectively, which is included in other operating expenses on the accompanying consolidated statements of income and comprehensive income. These amounts reflect the Company’s accounting expense and do not correspond to the actual value that will be recognized by the directors, executives and employees. Unamortized compensation cost of $2,170,478 as of December 31, 2025 is expected to be recognized over a remaining weighted-average vesting period of 1.96 years.

Employee Stock Purchase Plan

On June 19, 2021, the Company’s Board of Directors adopted the Kingstone Companies, Inc. Employee Stock Purchase Plan (the “ESPP”), subject to stockholder approval. Such approval was obtained on August 10, 2021. The purpose of the ESPP is to provide eligible employees of the Company with an opportunity to use payroll deductions to purchase shares of

Common Stock of the Company. The maximum number of shares of Common Stock that may be purchased under the ESPP is 750,000, subject to adjustment as provided for in the ESPP. The ESPP was effective August 10, 2021 and expires on August 10, 2031. A maximum of 5,000 shares of Common Stock may be purchased by an employee during any offering period.

The initial offering period under the ESPP was from November 1, 2021 through October 31, 2022. There was no offering pursuant to the ESPP from November 1, 2022 through December 31, 2024. Effective January 1, 2025, the Company initiated an offering period of January 1, 2025 through December 31, 2025 under the ESPP (the "2025 Offering"). For the years ended December 31, 2025 and 2024, stock-based compensation under the 2025 Offering was approximately $24,000 and $0, respectively, which is included in other operating expenses on the accompanying condensed consolidated statements of income and comprehensive income. See Note 21 - Subsequent Events - Equity.

Warrants

In connection with the 2022 Exchange Agreement (see Note 9 – Debt – “Exchange Agreements”), as additional consideration, on December 15, 2022, the Company issued warrants (the "Warrants") to the 2022 Exchanging Noteholders to purchase 969,525 shares of Common Stock at an exercise price of $1.00 per share, exercisable through June 30, 2026. As of December 31, 2025, all issued warrants were exercised. Pursuant to the 2024 Exchange Agreement, the expiration date of the Warrants was extended to June 30, 2026 from December 30, 2025. The fair value of the Warrants, using the Black-Scholes valuation formula, was $993,200, which was capitalized as a deferred financing cost of the 2022 Notes and the 2024 Notes. The fair value of the Warrants were amortized over the life of the Warrants, which was 36.5 months through September 12, 2024 and effective as of such date, the unamortized balance was being amortized over the extended life of the Warrants, which was 21.5 months.

Holders of the Warrants were entitled to exercise their outstanding Warrants in cash, or, in whole or in part, by having the Company reduce the number of shares otherwise issuable by a number of shares having a fair market value equal to the exercise price of the Warrants being exercised ("Net Exercise"). During the year ended December 31, 2025, holders exercised 642,025 Warrants under Net Exercises, resulting in the issuance of 604,388 shares of Common Stock. During the year ended December 31, 2024, holders exercised 327,500 Warrants under Net Exercises, resulting in the issuance of 304,413 shares of Common Stock.

In accordance with ASC 815 - Derivatives and Hedging – Subsequent Measurement, the effect of a modification or an exchange shall be measured as the difference between the fair value of the modified or exchanged instrument and the fair value of that instrument immediately before it is modified or exchanged. The Company calculated the respective fair values and determined the difference was immaterial.

Shelf Registration

On April 5, 2024, the Company filed a shelf registration statement on Form S-3 with the SEC under the Securities Act of 1933, as amended, with regard to the registration of $50,000,000 of its equity and debt securities (the “Shelf Registration Statement”). The Shelf Registration Statement was declared effective by the SEC on April 22, 2024. Any offering made pursuant to the Shelf Registration Statement may only be made by means of a prospectus, including a prospectus supplement, forming a part of the effective Shelf Registration Statement, relating to the offering.

At-the-Market Offering

In May 2024, the Company entered into a Sales Agreement with Janney Montgomery Scott LLC (the “Sales Agent”) under which the Company had the ability to issue and sell shares of its Common Stock, from time to time, through the Sales Agent, pursuant to the Shelf Registration Statement, up to an aggregate offering price of approximately $16,400,000 in what is commonly referred to as an “at-the-market” (“ATM”) program. On January 7, 2025, the Company filed a prospectus supplement increasing the aggregate offering price for the ATM program to $25,000,000. During the year ended December 31, 2025, the Company sold 612,999 shares of its Common Stock at a weighted average price of $16.00 per share and raised $9,464,323 in net proceeds under the ATM program. As of December 31, 2025, the Company had remaining capacity to sell up to an additional $15,945,937 of Common Stock under the ATM program.

- Definition

The entire disclosure for equity.

+ References

+ Details

Award Timing Disclosure	12 Months Ended
Award Timing Disclosure	Dec. 31, 2025
Award Timing Disclosures [Line Items]
Award Timing MNPI Disclosure	The equity awards for Ms. Golden and Mr. Patten are set out in the Third Amended Golden Employment Agreement and the Patten Employment Agreement, respectively. Equity awards for the other Named Executive Officer[s] are discretionary and are generally granted to them in February or March each year pursuant to our Employee Bonus Plan which provides for the grant of restricted common stock based upon our growth and underwriting profitability in the prior fiscal year. In certain circumstances, including the hiring or promotion of an officer, the Compensation Committee may approve grants to be effective at other times. The Compensation Committee did not take material nonpublic information into account when determining the timing and terms of equity awards in 2025, and we do not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.
Award Timing Method	Equity awards for the other Named Executive Officer[s] are discretionary and are generally granted to them in February or March each year pursuant to our Employee Bonus Plan which provides for the grant of restricted common stock based upon our growth and underwriting profitability in the prior fiscal year. In certain circumstances, including the hiring or promotion of an officer, the Compensation Committee may approve grants to be effective at other times.
Award Timing Predetermined	true
Award Timing MNPI Considered	false
Award Timing, How MNPI Considered	Equity awards for the other Named Executive Officer[s] are discretionary and are generally granted to them in February or March each year pursuant to our Employee Bonus Plan which provides for the grant of restricted common stock based upon our growth and underwriting profitability in the prior fiscal year. In certain circumstances, including the hiring or promotion of an officer, the Compensation Committee may approve grants to be effective at other times. The Compensation Committee did not take material nonpublic information into account when determining the timing and terms of equity awards in 2025, and we do not time the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.
MNPI Disclosure Timed for Compensation Value	true

Statutory Financial Information and Accounting Policies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Statutory Financial Information and Accounting Policies
Surplus percentage	10.00%
Investment income percentage	100.00%
Trailing period	36 months
Unassigned deficit	$ 36,152,023	$ 13,658,183
Maximum amount of dividends with DFS	12,000,000
Maximum allowable dividend payable	1,969,796
Dividends paid	7,950,000	0
Statutory basis net income (loss)	38,665,538	23,273,658
Statutory basis surplus	$ 99,197,956	$ 76,704,115

Fair Value Measurements

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair value is the price that would be received upon sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The valuation technique used by the Company to estimate the fair value of its financial instruments is the market approach, which uses prices and other relevant information generated by market transactions involving identical or comparable assets.

The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). If the inputs used to measure the assets or liabilities fall within different levels of the hierarchy, the classification is based on the lowest level input that is significant to the fair value measurement of the asset or liability. Classification of assets and liabilities within the hierarchy considers the markets in which the assets and liabilities are traded, including during periods of market disruption, and the reliability and transparency of the assumptions used to determine fair value. The hierarchy requires the use of observable market data when available. The levels of the hierarchy and those investments included in each are as follows:

Level 1—Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities traded in active markets. Included are those investments traded on an active exchange, such as the Nasdaq Global Select Market, U.S. Treasury securities and obligations of U.S. government agencies, together with corporate debt securities that are generally investment grade.

Level 2—Inputs to the valuation methodology include quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability and market-corroborated inputs. Municipal and corporate bonds, and residential mortgage-backed securities, that are traded in less active markets are classified as Level 2. These securities are valued using market price quotations for recently executed transactions.

Level 3—Inputs to the valuation methodology are unobservable for the asset or liability and are significant to the fair value measurement. Material assumptions and factors considered in pricing investment securities and other assets may include appraisals, projected cash flows, market clearing activity or liquidity circumstances in the security or similar securities that may have occurred since the prior pricing period.

The availability of observable inputs varies and is affected by a wide variety of factors. When the valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires significantly more judgment. The degree of judgment exercised by management in determining fair value is greatest for investments categorized as Level 3. For investments in this category, the Company considers prices and inputs that are current as of the measurement date. In periods of market dislocation, as characterized by current market conditions, the ability to observe prices and inputs may be reduced for many instruments. This condition could cause a security to be reclassified between levels.

The following table presents information about the Company’s investments that are measured at fair value on a recurring basis at December 31, 2025 and 2024 indicating the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:


	December 31, 2025
	Level 1		Level 2		Level 3		Total

Fixed-maturity securities available-for-sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	1,007,190	$	-	$	-	$	1,007,190
Political subdivisions of States, Territories and Possessions	-		21,773,433		-		21,773,433
Corporate and other bonds industrial and miscellaneous	129,866,682		-		-		129,866,682
Residential mortgage and other asset backed securities	-		136,389,885		-		136,389,885
Total fixed maturities	130,873,872		158,163,318		-		289,037,190
Equity securities	10,056,595		-		-		10,056,595
Total investments	$	140,930,467	$	158,163,318	$	-	$	299,093,785


	December 31, 2024
	Level 1		Level 2		Level 3		Total

Fixed-maturity securities available-for-sale

Political subdivisions of States, Territories and Possessions	$	-	$	20,873,097	$	-	$	20,873,097
Corporate and other bonds industrial and miscellaneous	106,792,378		-		-		106,792,378
Residential mortgage and other asset backed securities	-		59,227,963		-		59,227,963
Total fixed maturities	106,792,378		80,101,060		-		186,893,438
Equity securities	10,296,505		-		-		10,296,505
Total investments	$	117,088,883	$	80,101,060	$	-	$	197,189,943

The following table sets forth the Company’s investment in a hedge fund measured at Net Asset Value (“NAV”) per share as of December 31, 2025 and 2024. The Company measures this investment at fair value on a recurring basis. Fair value using NAV per share is as follows as of the dates indicated:


Category	December 31, 2025		December 31, 2024
Other Investments
Hedge fund	$	4,552,378	$	4,380,656

The hedge fund investment is generally redeemable with at least 45 days prior written notice. The hedge fund investment is accounted for as a limited partnership by the Company. Income is earned based upon the Company’s allocated share of the partnership's changes in unrealized gains and losses to its partners. Such amounts have been recorded in the accompanying Consolidated Statements of Income and Comprehensive Income within net gains (losses) on investments. The Company has no capital call commitments related to Other Investments.

There were no fair value measurements as of December 31, 2025 and 2024 on a non-recurring basis.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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+ Details

Fair Value Measurements - Net Asset Value (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Hedge fund
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Investments	$ 4,552,378	$ 4,380,656

- Definition

Fair value of investment other than investment in equity security, investment in debt security and equity method investment. Includes, but is not limited to, investment in certain entities that calculate net asset value per share. Example includes, but is not limited to, investment in hedge fund, venture capital fund, private equity fund, and real estate partnership or fund.

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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6A

+ Details

Property and Casualty Insurance Activity - Premiums Written, Ceded and Earned (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Change in unearned premiums
Liability for Claims and Claims Adjustment Expense [Line Items]
Direct	$ (19,326,339)	$ (29,080,195)
Assumed	0	0
Ceded	(7,266,005)	3,348,250
Net	(26,592,344)	(25,731,945)
Premiums earned
Liability for Claims and Claims Adjustment Expense [Line Items]
Direct	258,474,291	212,899,742
Assumed	0	0
Ceded	(71,347,569)	(84,401,822)
Net	187,126,722	128,497,920
Premiums written
Liability for Claims and Claims Adjustment Expense [Line Items]
Direct	277,800,630	241,979,937
Assumed	0	0
Ceded	(64,081,564)	(87,750,072)
Net	$ 213,719,066	$ 154,229,865

Property and Casualty Insurance Activity - Reconciliation of the Beginning and Ending Balances (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Property and Casualty Insurance Activity [Roll Forward]
Balance at beginning of period		$ 126,210,428	$ 121,817,862
Less reinsurance recoverables		(32,322,637)	(33,288,650)
Net balance, beginning of period		93,887,791	$ 88,529,212
Incurred related to:
Current year	$ 85,349,385	64,414,543
Prior years	(1,083,663)	(1,779,827)
Total incurred	84,265,722	62,634,716
Paid related to:
Current year	40,940,473	32,956,899
Prior years	29,906,787	24,319,238
Total paid	70,847,260	57,276,137
Net balance at end of period	107,306,253	93,887,791
Add reinsurance recoverables	33,232,365	32,322,637
Balance at end of period	$ 140,538,618	$ 126,210,428

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Debt Instrument [Line Items]
Allowance for uncollectible reinsurance	$ 0	$ 0
Uncollectible reinsurance expense	0	0
Accured investment income	2,083,000	1,697,000
Allowance for doubtful accounts	21,000	402,000
Uncollectible premiums receivable	600,000	115,000
Allowance for credit loss, cancellations reserve	357,000	0
Impairment of intangible assets	$ 0	$ 0
Direct written premiums, percentage	98.00%	96.00%
Advertising costs	$ 130,000	$ 100,000
Warrants outstanding (in shares)	0
Computer software \| Minimum
Debt Instrument [Line Items]
Estimates useful lives	3 years
Computer software \| Maximum
Debt Instrument [Line Items]
Estimates useful lives	5 years
Computer equipment
Debt Instrument [Line Items]
Estimates useful lives	3 years
Automobile
Debt Instrument [Line Items]
Estimates useful lives	3 years
Furniture and other equipment
Debt Instrument [Line Items]
Estimates useful lives	3 years
Building and Building Improvements
Debt Instrument [Line Items]
Estimates useful lives	39 years

Intangible Assets (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 4,850,000	$ 4,850,000
Accumulated Amortization	4,350,000	4,350,000
Net Carrying Amount	500,000	500,000
Insurance license
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	500,000	500,000
Accumulated Amortization	0	0
Net Carrying Amount	$ 500,000	$ 500,000
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Useful Life (in yrs)	10 years	10 years
Gross Carrying Value	$ 3,400,000	$ 3,400,000
Accumulated Amortization	3,400,000	3,400,000
Net Carrying Amount	$ 0	$ 0
intangibles
Finite-Lived Intangible Assets [Line Items]
Useful Life (in yrs)	7 years	7 years
Gross Carrying Value	$ 950,000	$ 950,000
Accumulated Amortization	950,000	950,000
Net Carrying Amount	$ 0	$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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+ Details

Summary of Significant Accounting Policies - Schedule of Concentration Risk (Details)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Product Information [Line Items]
Total premiums earned	100.00%	100.00%
Personal Lines
Product Information [Line Items]
Total premiums earned subject to concentration	94.30%	93.10%
Premiums earned Not subject to concentration
Product Information [Line Items]
Total premiums earned subject to concentration	5.70%	6.90%

Investments - Schedule of Fixed-maturity Securities Classified as Available-for-sale (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Debt Securities, Available-for-Sale [Line Items]
Cost or Amortized Cost	$ 296,738,055	$ 202,308,158
Gross Unrealized Gains	2,033,872	119,647
Gross unrealized losses - less than 12 months	(181,869)	(1,307,940)
Gross unrealized loss - more than 12 months	(9,552,868)	(14,226,427)
Estimated Fair Value	289,037,190	186,893,438
Net Unrealized Gains (Losses)	(7,700,865)	(15,414,720)
Debt instrument, collateral amount	3,616,000	5,308,000
Debt instrument, estimated fair value	3,616,000	5,308,000
Estimated fair value of the investments	9,598,000
U.S. Treasury securities and obligations of U.S. government corporations and agencies
Debt Securities, Available-for-Sale [Line Items]
Cost or Amortized Cost	997,124	0
Gross Unrealized Gains	10,066	0
Gross unrealized losses - less than 12 months	0	0
Gross unrealized loss - more than 12 months	0	0
Estimated Fair Value	1,007,190	0
Net Unrealized Gains (Losses)	10,066	0
Political subdivisions of States, Territories and Possessions
Debt Securities, Available-for-Sale [Line Items]
Cost or Amortized Cost	24,125,578	24,271,177
Gross Unrealized Gains	182,580	0
Gross unrealized losses - less than 12 months	0	(73,589)
Gross unrealized loss - more than 12 months	(2,534,725)	(3,324,491)
Estimated Fair Value	21,773,433	20,873,097
Net Unrealized Gains (Losses)	(2,352,145)	(3,398,080)
Corporate and other bonds industrial and miscellaneous
Debt Securities, Available-for-Sale [Line Items]
Cost or Amortized Cost	131,958,643	112,507,436
Gross Unrealized Gains	567,410	0
Gross unrealized losses - less than 12 months	(118,901)	(1,024,461)
Gross unrealized loss - more than 12 months	(2,540,470)	(4,690,597)
Estimated Fair Value	129,866,682	106,792,378
Net Unrealized Gains (Losses)	(2,091,961)	(5,715,058)
Residential mortgage and other asset backed securities
Debt Securities, Available-for-Sale [Line Items]
Cost or Amortized Cost	139,656,710	65,529,545
Gross Unrealized Gains	1,273,816	119,647
Gross unrealized losses - less than 12 months	(62,968)	(209,890)
Gross unrealized loss - more than 12 months	(4,477,673)	(6,211,339)
Estimated Fair Value	136,389,885	59,227,963
Net Unrealized Gains (Losses)	$ (3,266,825)	$ (6,301,582)

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2025	Dec. 31, 2024
Audit Information [Abstract]
Auditor Name	CBIZ CPAs P.C.	Marcum LLP
Auditor Location	Hartford, CT	Hartford, CT
Auditor Firm ID	199	688

Investments - Schedule of Held to Maturity Securities (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Schedule of Held-to-Maturity Securities [Line Items]
Cost or Amortized Cost	$ 6,042,348	$ 7,047,342
Gross Unrealized Gains	0	0
Gross Unrealized Losses - Less Than 12 Months	(3,070)	(40,284)
Gross Unrealized Loss - More Than 12 Months	(902,011)	(1,047,793)
Estimated Fair Value	5,137,267	5,959,265
Net Unrealized Losses	(905,081)	(1,088,077)
U.S. Treasury securities
Schedule of Held-to-Maturity Securities [Line Items]
Cost or Amortized Cost	1,229,490	1,229,170
Gross Unrealized Gains	0	0
Gross Unrealized Losses - Less Than 12 Months	(3,070)	(39,630)
Gross Unrealized Loss - More Than 12 Months	(22,083)	(15,990)
Estimated Fair Value	1,204,337	1,173,550
Net Unrealized Losses	(25,153)	(55,620)
Political subdivisions of States, Territories and Possessions
Schedule of Held-to-Maturity Securities [Line Items]
Cost or Amortized Cost		499,719
Gross Unrealized Gains		0
Gross Unrealized Losses - Less Than 12 Months		(654)
Gross Unrealized Loss - More Than 12 Months		0
Estimated Fair Value		499,065
Net Unrealized Losses		(654)
Exchange traded debt
Schedule of Held-to-Maturity Securities [Line Items]
Cost or Amortized Cost	304,111	304,111
Gross Unrealized Gains	0	0
Gross Unrealized Losses - Less Than 12 Months	0	0
Gross Unrealized Loss - More Than 12 Months	(62,111)	(55,611)
Estimated Fair Value	242,000	248,500
Net Unrealized Losses	(62,111)	(55,611)
Corporate and other bonds industrial and miscellaneous
Schedule of Held-to-Maturity Securities [Line Items]
Cost or Amortized Cost	4,508,747	5,014,342
Gross Unrealized Gains	0	0
Gross Unrealized Losses - Less Than 12 Months	0	0
Gross Unrealized Loss - More Than 12 Months	(817,817)	(976,192)
Estimated Fair Value	3,690,930	4,038,150
Net Unrealized Losses	$ (817,817)	$ (976,192)

Reinsurance - Narrative (Details) - USD ($)	1 Months Ended	3 Months Ended	4 Months Ended	6 Months Ended	7 Months Ended		12 Months Ended				18 Months Ended
Reinsurance - Narrative (Details) - USD ($)	Jan. 31, 2026	Dec. 31, 2025	Apr. 30, 2025	Jun. 30, 2026	Apr. 30, 2026	Apr. 30, 2025	Dec. 31, 2026	Jun. 30, 2026	Dec. 31, 2025	Dec. 31, 2024	Jun. 30, 2025	Jul. 01, 2025
Reinsurance Retention [Line Items]
Underlying XOL treaty, reinsurance coverage (percent)						71.00%				50.00%	50.00%
Underlying XOL treaty, excess of loss coverage amount						$ 4,500,000				$ 400,000
Underlying XOL treaty, excess of loss coverage, excluded amount						$ 5,500,000				600,000
Reinstatement of premium protection, amount											$ 400,000
Retention limited under XOL treaty		$ 3,900,000	$ 5,200,000							4,800,000
Unearned ceded premiums		22,937,000							$ 22,937,000	31,745,000
Net contingent ceding commissions receivable		1,754,000							1,754,000
Net contingent ceding commissions payable		$ (732,000)							$ (732,000)	$ (727,000)
Bonds \| Series 2025-1 Notes
Reinsurance Retention [Line Items]
Debt instrument, face amount												$ 125,000,000
Stated interest rate (percent)												4.50%
Collateralized reinsurance protection amount												$ 125,000,000
Property And Casualty Personal Insurance Product Lines
Reinsurance Retention [Line Items]
Quota share treaty percent ceded									16.00%	27.00%
Property And Casualty Personal Insurance Product Lines \| Subsequent Event
Reinsurance Retention [Line Items]
Quota share treaty percent ceded	5.00%
Forecast
Reinsurance Retention [Line Items]
Underlying XOL treaty, reinsurance coverage (percent)					90.00%			50.00%
Underlying XOL treaty, excess reinsurance coverage (percent)								100.00%
Underlying XOL treaty, excess of loss coverage amount					$ 5,000,000			$ 250,000
Underlying XOL treaty, excess of loss coverage, excluded amount					$ 5,000,000			750,000
Retention limited under XOL treaty				$ 5,000,000
Forecast \| Property And Casualty Personal Insurance Product Lines
Reinsurance Retention [Line Items]
Quota share treaty percent ceded							30.00%
Forecast \| Minimum
Reinsurance Retention [Line Items]
Underlying XOL treaty, excess coverage amount								1,000,000
Forecast \| Maximum
Reinsurance Retention [Line Items]
Underlying XOL treaty, excess coverage amount								$ 9,000,000

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Statement of Financial Position [Abstract]
Fixed-maturity securities, held-to-maturity, fair value	$ 5,137,267	$ 5,959,265
Fixed-maturity securities, available-for-sale, amortized cost	296,738,055	202,308,158
Equity securities, at cost	13,546,654	13,527,554
Premiums receivable, allowance for credit losses	20,831	402,290
Current debt	1,296,900	6,849,257
Long-term debt	$ 3,143,227	$ 4,322,163
Stockholders' Equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	2,500,000	2,500,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	15,921,651	14,448,205
Common stock, shares outstanding (in shares)	14,397,526	12,924,080
Treasury stock, at cost, 1,524,125 shares at December 31, 2025 and 1,524,125 shares at December 31, 2024	1,524,125	1,524,125

Reinsurance

12 Months Ended

Dec. 31, 2025

Reinsurance Disclosures [Abstract]

Reinsurance

On January 1, 2024, the Company entered into a 27%% quota share reinsurance treaty for its personal lines business, which primarily consisted of homeowners’ and dwelling fire policies covering the period from January 1, 2024 through January 1, 2025 (“2024/2025 Treaty”). Upon the expiration of the 2024/2025 Treaty on January 1, 2025, the Company entered into a new 16% quota share reinsurance treaty for its personal lines business, covering the period from January 1, 2025 through January 1, 2026 (“2025/2026 Treaty”). Upon the expiration of the 2025/2026 Treaty on January 1, 2026, the Company entered into a new 5% quota share reinsurance treaty for its personal lines business written in all states except California (for which the Company entered into a new 30% quota share reinsurance treaty) covering the period from January 1, 2026 through January 1, 2027 (“2026/2027 Treaty”). See Note 21- Subsequent Events, Reinsurance.

The Company’s excess of loss and catastrophe reinsurance treaties expired on June 30, 2025 and the Company entered into new excess of loss and catastrophe reinsurance treaties effective July 1, 2025. The new catastrophe reinsurance treaties include the issuance of a $125,000,000 catastrophe bond ("Series 2025-1 Notes"). The Series 2025-1 Notes were priced at 4.5% and issued through a Bermuda-registered special purpose insurer, 1886 Re Ltd., providing KICO with $125,000,000 of collateralized reinsurance protection. The Series 2025-1 Notes offer multi-year protection against named storm events across New York, New Jersey, Connecticut, Massachusetts and Rhode Island on an indemnity trigger and per-occurrence basis. The Series 2025-1 Notes, which were structured and placed by AON Securities LLC, cover four annual risk periods from July 1, 2025, through June 30, 2029.

Effective January 1, 2024, the Company renewed an underlying excess of loss reinsurance treaty (“Underlying XOL Treaty”) covering the period from January 1, 2024 through January 1, 2025. The treaty provided 50% reinsurance coverage for losses of $400,000 in excess of $600,000. Losses from named storms are excluded from the treaty. Effective January 1, 2025, the Underlying XOL Treaty was renewed covering the period from January 1, 2025 through June 30, 2025. Effective July 1, 2025, the Underlying XOL Treaty was renewed along with the Company's excess of loss reinsurance treaty covering the period from July 1, 2025 through June 30, 2026. Combined, the renewed treaties provide 50% reinsurance coverage for losses of $250,000 in excess of $750,000, and 100% reinsurance coverage for losses in excess of $1,000,000 up to $9,000,000 together with facultative coverage. For the period October 1, 2024 through April 30, 2025, the Company purchased catastrophe reinsurance which provides coverage for winter storm losses to the extent of 71% of $4,500,000 in excess of $5,500,000. For the period October 15, 2025 through April 30, 2026, the Company purchased catastrophe reinsurance which provides coverage for winter storm losses to the extent of 90% of $5,000,000 in excess of $5,000,000.

Material terms for reinsurance treaties in effect for the treaty years shown below are as follows:


	Treaty Period
	2026/2027 Treaty						2025/2026 Treaty						2024/2025 Treaty
Line of Business	July 1, 2026 to January 1, 2027			January 2, 2026 to June 30, 2026			July 1, 2025 to January 1, 2026			January 2, 2025 to June 30, 2025			July 1, 2024 to January 1, 2025			January 1, 2024 to June 30, 2024

Personal Lines:
Homeowners, dwelling fire and canine legal liability
Quota share treaty:
Percent ceded (6)	5		%	5		%	16		%	16		%	27		%	27		%
Risk retained on initial
$1,000,000 of losses (4) (5) (6)	$	950,000		$	950,000		$	840,000		$	840,000		$	730,000		$	730,000
Losses per occurrence
subject to quota share
reinsurance coverage	$	1,000,000		$	1,000,000		$	1,000,000		$	1,000,000		$	1,000,000		$	1,000,000
Expiration date	January 1, 2027			January 1, 2027			January 1, 2026			January 1, 2026			January 1, 2025			January 1, 2025
Excess of loss coverage and
facultative facility
coverage (1) (4) (5)	$	(5)		$	8,250,000		$	8,250,000		$	8,400,000		$	8,400,000		$	8,400,000
				in excess of			in excess of			in excess of			in excess of			in excess of
				$	750,000		$	750,000		$	600,000		$	600,000		$	600,000
Total reinsurance coverage
per occurrence (4) (5)	$	50,000		$	8,175,000		$	8,285,000		$	8,360,000		$	8,470,000		$	8,470,000
Losses per occurrence
subject to reinsurance
coverage (5)	$	1,000,000		$	9,000,000		$	9,000,000		$	9,000,000		$	9,000,000		$	9,000,000
Expiration date	(5)			June 30, 2026			June 30, 2026			June 30, 2025			June 30, 2025			June 30, 2024

Catastrophe Reinsurance:
Initial loss subject to personal
lines quota share treaty (5)	$	10,000,000		$	10,000,000		$	10,000,000		$	10,000,000		$	10,000,000		$	10,000,000
Risk retained per catastrophe
occurrence (5) (6) (7) (8)	(5)			$	5,500,000		$	5,000,000		$	4,250,000		$	4,750,000		$	9,500,000
Catastrophe loss coverage
in excess of quota share
coverage (2) (5) (8)	(5)			$	434,500,000		$	435,000,000		$	275,000,000		$	275,000,000		$	315,000,000

Reinstatement premium
protection (3)	(5)			Yes			Yes			Yes			Yes			Yes

(7)Plus losses in excess of catastrophe coverage.


	Treaty Year
Line of Business	July 1, 2025 to June 30, 2026			July 1, 2024 to June 30, 2025			July 1, 2023 to June 30, 2024

Personal Lines:
Personal Umbrella
Quota share treaty:
Percent ceded - first $1,000,000 of coverage	90		%	90		%	90		%
Percent ceded - excess of $1,000,000 dollars of coverage	95		%	95		%	95		%
Risk retained	$	300,000		$	300,000		$	300,000
Total reinsurance coverage per occurrence	$	4,700,000		$	4,700,000		$	4,700,000
Losses per occurrence subject to quota share reinsurance coverage	$	5,000,000		$	5,000,000		$	5,000,000
Expiration date	June 30, 2026			June 30, 2025			June 30, 2024

Commercial Lines (1)

(1)Coverage on all commercial lines policies expired in September 2020; reinsurance coverage is based on treaties in effect on the date of loss.

The Company’s reinsurance program has been structured to enable the Company to grow its premium volume while maintaining regulatory capital and other financial ratios generally within or below the expected ranges used for regulatory oversight purposes. The reinsurance program also provides income as a result of ceding commissions earned pursuant to the quota share reinsurance contracts. The Company’s participation in reinsurance arrangements does not relieve the Company of its obligations to policyholders.

Approximate reinsurance recoverables on unpaid and paid losses by reinsurer at December 31, 2025 and 2024 are as follows:


($ in thousands)	Unpaid Losses		Paid Losses		Total		Security
December 31, 2025
Swiss Reinsurance America Corporation	8,965		693		9,658		—
Hannover Rueck SE	12,497		(124)		12,373		—
Lancashire Insurance Company Limited	5,798		1,242		7,040		—
Others	5,972		1,017		6,989		384		(1)
Total	$	33,232	$	2,828	$	36,060	$	384

December 31, 2024
Swiss Reinsurance America Corporation	13,565		1,346		14,911		—
Hannover Rueck SE	7,195		559		7,754		—
Lancashire Insurance Company Limited	4,893		1,288		6,181		—
Others	6,670		2,061		8,731		393		(1)
Total	$	32,323	$	5,254	$	37,577	$	393

(1)As of December 31, 2025 and December 31, 2024, represents$384,000 and $393,000, respectively, guaranteed by irrevocable letters of credit.

In addition to reinsurance recoverables on unpaid and paid losses, reinsurance receivables in the accompanying consolidated balance sheets as of December 31, 2025 and 2024 include unearned ceded premiums of approximately $22,937,000 and $31,745,000, respectively.

Ceding Commission Revenue

The Company earned ceding commission revenue under the 2025/2026 Treaty for the year ended December 31, 2025 based on: (i) a fixed provisional commission rate at which provisional ceding commissions were earned, and (ii) a sliding scale ("Sliding Scale") of commission rates and ultimate treaty year loss ratio on the policies reinsured under this agreement based upon which contingent ceding commissions are earned. The Sliding Scale includes minimum and maximum commission rates in relation to specified ultimate loss ratios. The commission rate and contingent ceding commissions earned increase when the estimated ultimate loss ratio decreases and, conversely, the commission rate and contingent ceding commissions earned decrease when the estimated ultimate loss ratio increases.

The Company earned ceding commission revenue under the 2024/2025 Treaty for the year ended December 31, 2024, based on a fixed provisional commission rate at which provisional ceding commissions were earned.

Ceding commission revenue consists of the following:


	Year ended December 31,
	2025		2024

Provisional ceding commissions earned	$	13,926,916	$	18,829,278
Contingent ceding commissions earned	1,748,055		8,668
	$	15,674,971	$	18,837,946

Provisional ceding commissions are settled monthly. Balances due to or from reinsurers for contingent ceding commissions on the 2025/2026 Treaty will be settled annually based on the Loss Ratio of the treaty year that ends on January 1. Balances due to or from reinsurers for contingent ceding commissions on quota share treaties are settled periodically based on the Loss Ratio of each treaty year that ends on June 30 for the expired treaties (which had June 30 expiration dates) that were subject to contingent commissions. As discussed above, the Loss Ratios from prior years’ treaties are subject to change as incurred losses from those periods develop, resulting in an increase or decrease in the commission rate and contingent ceding commissions earned. As of December 31, 2025, contingent ceding commissions receivable from reinsurers under the 2025/2026 Treaty was approximately $1,754,000, which is recorded in other assets on the accompanying consolidated balance sheets. As of December 31, 2025 and December 31, 2024, net contingent ceding commissions payable to reinsurers under all other treaties was approximately $732,000 and $727,000, respectively, which is recorded in reinsurance balances payable on the accompanying consolidated balance sheets.

Expected Credit Losses – Uncollectible Reinsurance

The Company reviews reinsurance receivables which relate to both amounts already billed on ceded paid losses as well as ceded reserves that will be billed when losses are paid in the future. The Company has not recorded an allowance for uncollectible reinsurance as there is no perceived credit risk. The principal credit quality indicator used in the valuation of the allowance on reinsurance receivables is the financial strength rating of the reinsurer sourced from major rating agencies. Changes in the allowance are presented as a component of other underwriting expenses on the consolidated statements of income and comprehensive income.

Commitments and Contingencies - Narrative (Details)					1 Months Ended		12 Months Ended
Commitments and Contingencies - Narrative (Details)	Sep. 12, 2025 USD ($)	Jul. 23, 2025 USD ($) shares	Apr. 15, 2024 USD ($) shares	Jun. 27, 2022 USD ($)	Jan. 31, 2024 shares	Jan. 31, 2023 shares	Dec. 31, 2025 USD ($) shares	Dec. 31, 2024 USD ($)	Feb. 10, 2025 USD ($)
Other Commitments [Line Items]
Lease, additional term									5 years
Base rent over term of lease									$ 269,777
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]							Other assets	Other assets
Operating lease right of use assets							$ 136,209	$ 0
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]							Accounts payable, accrued expenses and other liabilities	Accounts payable, accrued expenses and other liabilities
Operating lease right of use liabilities							$ 136,209	$ 0
Operating lease							$ 44,638	$ 41,342
Restricted Stock
Other Commitments [Line Items]
Granted shares of restricted stock (in shares) \| shares							198,018
Randy Patten, Vice President, Treasurer and Chief Financial Officer
Other Commitments [Line Items]
Annual base salary		$ 400,000
Cash bonus, percentage		25.00%
Randy Patten, Vice President, Treasurer and Chief Financial Officer \| Restricted Stock
Other Commitments [Line Items]
Shares of restricted stock (in shares) \| shares		43,290
Restricted stock granted, fair value		$ 600,000
Randy Patten, Vice President, Treasurer and Chief Financial Officer \| Restricted Stock \| Share-Based Payment Arrangement, Tranche Two
Other Commitments [Line Items]
Stock grant date vesting, percentage		25.00%
Randy Patten, Vice President, Treasurer and Chief Financial Officer \| Restricted Stock \| Share-Based Payment Arrangement, Tranche Three
Other Commitments [Line Items]
Stock grant date vesting, percentage		50.00%
Amended Employment Agreement \| Mery Golden Chief Operating Officer
Other Commitments [Line Items]
Annual base salary				$ 500,000
Percent of average per annum				3.00%
Annual bonus, maximum, as multiple of base salary				1.25
Amended Employment Agreement \| January 2023
Other Commitments [Line Items]
Amount divided by fair market value of the Company's Common Stock				$ 136,500
Amended Employment Agreement \| January 1, 2025
Other Commitments [Line Items]
Annual base salary			$ 550,000
Shares of restricted stock (in shares) \| shares			40,000
Percent of average per annum			3.00%
Termination payment, as multiple of annual base salary and accrued bonus			1.5
Golden Emloyment Agreement \| January 1, 2025 \| Mery Golden Chief Operating Officer
Other Commitments [Line Items]
Annual bonus, maximum, as multiple of base salary			1.25
January 2023 \| Amended Employment Agreement
Other Commitments [Line Items]
Termination payment, as multiple of annual base salary and accrued bonus					1.5
Termination payment period					18 months
January 2023 \| Amended Employment Agreement \| Restricted Stock
Other Commitments [Line Items]
Granted shares of restricted stock (in shares) \| shares					64,085	101,111
Executive Bonus Plan \| Randy Patten, Vice President, Treasurer and Chief Financial Officer
Other Commitments [Line Items]
Minimum cash bonus amount		$ 35,000
Sign-on bonus paid	$ 200,000

Deferred Policy Acquisition Costs and Deferred Ceding Commission Revenue - Net Deferred Policy Acquisition Costs, Net of Deferred Ceding Commission Revenue (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Movement Analysis of Deferred Policy Acquisition Costs [Roll Forward]
Net deferred policy acquisition costs, net of deferred ceding commission revenue, beginning of year	$ 13,191,132	$ 10,341,699
Cost incurred and deferred:
Commissions and brokerage	43,554,960	37,956,108
Other underwriting and policy acquisition costs	11,580,881	10,118,578
Ceding commission revenue	(10,748,206)	(20,909,652)
Net deferred policy acquisition costs	44,387,635	27,165,034
Amortization	(38,074,089)	(24,315,601)
Cost incurred and deferred	6,313,546	2,849,433
Net deferred policy acquisition costs, net of deferred ceding commission revenue, end of year	$ 19,504,678	$ 13,191,132

Debt - Schedule of Future Contractual Payment Obligations (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Debt Instrument [Line Items]
Total	$ 4,440,127	$ 11,171,420
Equipment Financing
Debt Instrument [Line Items]
2026	1,296,900
2027	1,119,021
Gross	2,415,921
2027 purchase price	2,024,206
Total	$ 4,440,127

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

- Definition

Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

+ References

+ Details

Fair Value of Financial Instruments and Real Estate

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Fair Value of Financial Instruments and Real Estate

The Company uses the following methods and assumptions in estimating the fair value of financial instruments and real estate:

Equity securities, available-for-sale fixed income securities, and other investments: Fair value disclosures for these investments are included in Note 3 - Investments and Note 4 – Fair Value Measurements.

Cash and cash equivalents: The carrying values of cash and cash equivalents approximate their fair values because of the short-term nature of these instruments.

Premiums receivable and reinsurance receivables: The carrying values reported in the accompanying Consolidated Balance Sheets for these financial instruments approximate their fair values due to the short-term nature of the assets.

Real estate: The estimated fair value was based on an appraisal prepared using the sales comparison approach, and accordingly the real estate is a Level 3 asset under the fair value hierarchy.

Reinsurance balances payable: The carrying value reported in the Consolidated Balance Sheets for these financial instruments approximates fair value.

Debt: The fair value of debt was estimated using a discounted cash flow analyses, based on incremental borrowing rates for similar types of borrowing arrangements.

The estimated fair values of the Company’s financial instruments and real estate, including their fair value level as of December 31, 2025 and 2024, are as follows:


	December 31, 2025				December 31, 2024
	Carrying Value		Fair Value		Carrying Value		Fair Value

Fixed-maturity securities-held-to maturity, Level 1	$	6,042,348	$	5,137,267	$	7,047,342	$	5,959,265
Fixed-maturity securities available-for-sale, Level 1	$	130,873,872	$	130,873,872	$	106,792,378	$	106,792,378
Fixed-maturity securities available-for-sale, Level 2	$	158,163,318	$	158,163,318	$	80,101,060	$	80,101,060
Cash and cash equivalents, Level 1	$	12,178,730	$	12,178,730	$	28,669,441	$	28,669,441
Premiums receivable, net, Level 1	$	21,012,408	$	21,012,408	$	21,766,988	$	21,766,988
Reinsurance receivables, net, Level 3	$	58,996,945	$	58,996,945	$	69,322,436	$	69,322,436
Real estate, net of accumulated depreciation, Level 3 (1)	$	460,031	$	501,000	$	1,913,390	$	3,540,000
Reinsurance balances payable, Level 3	$	5,232,319	$	5,232,319	$	10,509,121	$	10,509,121
Debt - Equipment financing, Level 2	$	4,440,127	$	4,380,922	$	5,663,420	$	5,459,107
Debt - 13.75% Senior Notes due 2026, Level 2	$	—	$	—	$	5,508,000	$	5,553,785

Stockholders Equity - Schedule of the Restricted Common Stock Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Weighted Average Grant Date Fair Value per Share
Weighted Average Estimated Fair Value, Vested (in dollars per share)		$ 1.24
Aggregate Fair Value
Aggregate Fair Value , granted	$ 0
Restricted Stock
Shares
Beginning Balance (in shares)	267,586
Granted (in shares)	198,018
Vested (in shares)	(231,613)
Forfeited (in shares)	(10,703)
Ending Balance (in shares)	223,288	267,586
Weighted Average Grant Date Fair Value per Share
Weighted Average Grant Date Fair Value per Share, beginning balance (in dollars per share)	$ 5.24
Weighted Average Grant Date Fair Value per Share, Granted (in dollars per share)	15.51
Weighted Average Estimated Fair Value, Vested (in dollars per share)	4.10
Weighted Average Grant Date Fair Value per Share, Forfeited (in dollars per share)	9.09
Weighted Average Grant Date Fair Value per Share, ending balance (in dollars per share)	$ 15.35	$ 5.24
Aggregate Fair Value
Aggregate Fair Value , beginning balance	$ 1,402,151
Aggregate Fair Value , granted	3,071,259
Aggregate fair value, vested	(949,613)
Aggregate fair value, forfeited	(97,290)
Aggregate Fair Value ,ending balance	$ 3,426,507	$ 1,402,151

Risk Based Capital	12 Months Ended
Risk Based Capital	Dec. 31, 2025
Risk Based Capital
Risk Based Capital	Risk Based Capital State insurance departments impose risk-based capital (“RBC”) requirements on insurance enterprises. The RBC Model serves as a benchmark for the regulation of insurance companies by state insurance regulators. RBC provides for targeted surplus levels based on formulas, which specify various weighting factors that are applied to financial balances or various levels of activity based on the perceived degree of risk, and are set forth in the RBC requirements. Such formulas focus on four general types of risk: (a) the risk with respect to the company’s assets (asset or default risk); (b) the risk of default on amounts due from reinsurers, policyholders, or other creditors (credit risk); (c) the risk of underestimating liabilities from business already written or inadequately pricing business to be written in the coming year (underwriting risk); and (d) the risk associated with items such as excessive premium growth, contingent liabilities, and other items not reflected on the balance sheet (off-balance sheet risk). The amount determined under such formulas is called the authorized control level RBC (“ACL”). The RBC guidelines define specific capital levels based on a company’s ACL that are determined by the ratio of the company’s total adjusted capital (“TAC”) to its ACL. TAC is equal to statutory capital, plus or minus certain other specified adjustments. The Company’s TAC was above the ACL for each of the last two years and is in compliance with RBC requirements as of December 31, 2025 and 2024.

Investments - Narrative (Details)	12 Months Ended
Investments - Narrative (Details)	Dec. 31, 2025 USD ($) security	Dec. 31, 2024 USD ($) security
Investments [Abstract]
Proceeds from the redemption of fixed-maturity securities	$ 1,000,000	$ 0
Proceeds from the sale and maturity of fixed-maturity securities available-for-sale	59,751,659	127,665,799
Proceeds from the sale of equity securities	$ 0	$ 4,410,859
Fixed-maturity securities \| security	125	204

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements


	December 31, 2025
	Level 1		Level 2		Level 3		Total

Fixed-maturity securities available-for-sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	1,007,190	$	-	$	-	$	1,007,190
Political subdivisions of States, Territories and Possessions	-		21,773,433		-		21,773,433
Corporate and other bonds industrial and miscellaneous	129,866,682		-		-		129,866,682
Residential mortgage and other asset backed securities	-		136,389,885		-		136,389,885
Total fixed maturities	130,873,872		158,163,318		-		289,037,190
Equity securities	10,056,595		-		-		10,056,595
Total investments	$	140,930,467	$	158,163,318	$	-	$	299,093,785


	December 31, 2024
	Level 1		Level 2		Level 3		Total

Fixed-maturity securities available-for-sale

Political subdivisions of States, Territories and Possessions	$	-	$	20,873,097	$	-	$	20,873,097
Corporate and other bonds industrial and miscellaneous	106,792,378		-		-		106,792,378
Residential mortgage and other asset backed securities	-		59,227,963		-		59,227,963
Total fixed maturities	106,792,378		80,101,060		-		186,893,438
Equity securities	10,296,505		-		-		10,296,505
Total investments	$	117,088,883	$	80,101,060	$	-	$	197,189,943

Schedule of Hedge Fund Investments


Category	December 31, 2025		December 31, 2024
Other Investments
Hedge fund	$	4,552,378	$	4,380,656

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
Cybersecurity Risk Management and Strategy Disclosure	Dec. 31, 2025
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Risk Management and Strategy We regularly assess risks from cybersecurity threats; monitor our information systems for potential vulnerabilities; and test those systems pursuant to our cybersecurity policies, processes, and practices, which are integrated into our overall risk management program. To protect our information systems from cybersecurity threats, we use various security tools that are designed to help identify, escalate, investigate, resolve, and recover from security incidents in a timely manner. KICO’s Risk Management Committee, which is comprised of representatives of its technology team, assesses risks based on probability and potential impact on key business systems and processes. Risks that are considered high are incorporated into its overall risk management program. A mitigation plan is developed for each identified high risk, with progress reported to the Risk Management Committee and tracked as part of its overall risk management program overseen by the Risk Management Committee of our Board of Directors. We collaborate with third parties to assess the effectiveness of our cybersecurity prevention and response systems and processes. These include cybersecurity assessors, consultants, and other external cybersecurity experts to assist in the identification, verification, and validation of cybersecurity risks, as well as to support associated mitigation plans when necessary. Additionally, we require security training for all employees on a quarterly basis. The training covers a wide range of topics, including phishing, social engineering and data protection. Risk Management We assess and identify security risk to the organization by: •conducting assessments of risk, including likelihood and magnitude, from unauthorized access, use, disclosure, disruption, modification or destruction of information systems and the related information processes, stored or transmitted; •performing risk assessments and producing security assessment reports that document the results of the assessment for use and review by information technology senior leadership, including the Chief Technology Officer; •ensuring security controls are assessed for effectiveness, are implemented correctly, operating as intended and producing the desired outcome; and •continuously scanning for vulnerabilities and remedying all vulnerabilities in accordance with the associated risk. We have not experienced a material cybersecurity breach in the past five years and, as a result, there have been no charges related to a breach in the past five years. In 2025, a third party vendor of KICO was impacted by a cybersecurity event which KICO reported to the DFS. The event did not have a material impact on our business strategy, results of operations, or financial condition. While we have implemented processes and procedures that we believe are tailored to address and mitigate the cybersecurity threats that we face, there can be no assurances that such an incident will not occur despite our efforts, as more fully described in Item 1A (“Risk Factors – Our business could be adversely affected by a security breach or other attack involving our computer systems or those of one or more of our vendors.”) in this Annual Report. Monitoring We have established a continuous monitoring strategy and program, which includes: •a set of defined security metrics to be monitored; •performance of security control assessments on an ongoing basis; •addressing results of analysis and reporting security status to the executive team; •monitoring information systems to detect attacks and indicators of potential attacks; •identification of unauthorized use of the information system resources; and •deployment of monitoring devices strategically within the information system environment.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We regularly assess risks from cybersecurity threats; monitor our information systems for potential vulnerabilities; and test those systems pursuant to our cybersecurity policies, processes, and practices, which are integrated into our overall risk management program. To protect our information systems from cybersecurity threats, we use various security tools that are designed to help identify, escalate, investigate, resolve, and recover from security incidents in a timely manner. KICO’s Risk Management Committee, which is comprised of representatives of its technology team, assesses risks based on probability and potential impact on key business systems and processes. Risks that are considered high are incorporated into its overall risk management program. A mitigation plan is developed for each identified high risk, with progress reported to the Risk Management Committee and tracked as part of its overall risk management program overseen by the Risk Management Committee of our Board of Directors.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	The Risk Management Committee of our Board of Directors has been delegated the power and authority to oversee and make recommendations to the Board with regard to our overall approach to risks relating to business operations, including with regard to information technology and cybersecurity. In a presentation from our Chief Technology Officer, the committee received information regarding our approach to cybersecurity, which included the following topics: the confidentiality of nonpublic information and the integrity and security of our information system, the cybersecurity policies and procedures, material cybersecurity risks to us, and the overall effectiveness of our cybersecurity program.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Risk Management Committee of our Board of Directors has been delegated the power and authority to oversee and make recommendations to the Board with regard to our overall approach to risks relating to business operations, including with regard to information technology and cybersecurity.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	In a presentation from our Chief Technology Officer, the committee received information regarding our approach to cybersecurity, which included the following topics: the confidentiality of nonpublic information and the integrity and security of our information system, the cybersecurity policies and procedures, material cybersecurity risks to us, and the overall effectiveness of our cybersecurity program.
Cybersecurity Risk Role of Management [Text Block]	KICO’s Risk Management Committee, which is comprised of representatives of its technology team, assesses risks based on probability and potential impact on key business systems and processes. Risks that are considered high are incorporated into its overall risk management program. A mitigation plan is developed for each identified high risk, with progress reported to the Risk Management Committee and tracked as part of its overall risk management program overseen by the Risk Management Committee of our Board of Directors.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	KICO’s Risk Management Committee, which is comprised of representatives of its technology team, assesses risks based on probability and potential impact on key business systems and processes. Risks that are considered high are incorporated into its overall risk management program. A mitigation plan is developed for each identified high risk, with progress reported to the Risk Management Committee and tracked as part of its overall risk management program overseen by the Risk Management Committee of our Board of Directors.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	KICO’s Risk Management Committee, which is comprised of representatives of its technology team, assesses risks based on probability and potential impact on key business systems and processes
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The Risk Management Committee of our Board of Directors has been delegated the power and authority to oversee and make recommendations to the Board with regard to our overall approach to risks relating to business operations, including with regard to information technology and cybersecurity. In a presentation from our Chief Technology Officer, the committee received information regarding our approach to cybersecurity, which included the following topics: the confidentiality of nonpublic information and the integrity and security of our information system, the cybersecurity policies and procedures, material cybersecurity risks to us, and the overall effectiveness of our cybersecurity program.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Deferred Policy Acquisition Costs and Deferred Ceding Commission Revenue - Deferred Policy Acquisition Costs and Deferred Ceding Commission Revenue (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Deferred Policy Acquisition Costs Disclosures [Abstract]
Deferred policy acquisition costs	$ 27,867,207	$ 24,732,371
Deferred ceding commission revenue	(8,362,529)	(11,541,239)
Balance at end of period	$ 19,504,678	$ 13,191,132	$ 10,341,699

- Definition

Amount of deferred policy acquisition cost capitalized on contract remaining in force.

+ References + Details

Investments - Schedule of Investment Income (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Investments [Abstract]
Fixed-maturity securities	$ 9,324,074	$ 5,197,793
Equity securities	508,686	591,023
Cash and cash equivalents	344,837	1,215,861
Other	0	39,227
Total	10,177,597	7,043,904
Investment expenses	378,833	220,314
Net investment income	$ 9,798,764	$ 6,823,590

Property and Equipment - Schedule of components of property and equipment (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Cost	$ 30,618,228	$ 31,318,861
Accumulated Depreciation	(22,720,553)	(22,034,891)
Net	7,897,675	9,283,970
Building
Cost	0	2,344,188
Accumulated Depreciation	0	(1,083,235)
Net	0	1,260,953
Land
Cost	460,031	652,437
Accumulated Depreciation	0	0
Net	460,031	652,437
Furniture and office equipment
Cost	475,949	828,011
Accumulated Depreciation	(475,949)	(828,011)
Net	0	0
Computer equipment and software
Cost	29,519,178	27,360,191
Accumulated Depreciation	(22,104,284)	(20,000,218)
Net	7,414,894	7,359,973
Automobile
Cost	163,070	134,034
Accumulated Depreciation	(140,320)	(123,427)
Net	$ 22,750	$ 10,607

Investments

12 Months Ended

Dec. 31, 2025

Investments [Abstract]

Investments

Fixed-Maturity Securities


	December 31, 2025

	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Gains (Losses)
Category					Less than 12 Months		More than 12 Months

Fixed-Maturity Securities:
U.S. Treasury securities and obligations of U.S. government corporations and agencies (1)	$	997,124	$	10,066	$	—	$	—	$	1,007,190	$	10,066
Political subdivisions of States, Territories and Possessions (1)	24,125,578		182,580		—		(2,534,725)		21,773,433		(2,352,145)
Corporate and other bonds Industrial and miscellaneous (1)	131,958,643		567,410		(118,901)		(2,540,470)		129,866,682		(2,091,961)
Residential mortgage and other asset backed securities (1) (2)	139,656,710		1,273,816		(62,968)		(4,477,673)		136,389,885		(3,266,825)
Total fixed-maturity securities	$	296,738,055	$	2,033,872	$	(181,869)	$	(9,552,868)	$	289,037,190	$	(7,700,865)


	December 31, 2024

	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Losses
Category					Less than 12 Months		More than 12 Months

Fixed-Maturity Securities:
U.S. Treasury securities and obligations of U.S. government corporations and agencies (1)	$	—	$	—	$	—	$	—	$	—	$	—
Political subdivisions of States, Territories and Possessions	24,271,177		—		(73,589)		(3,324,491)		20,873,097		(3,398,080)
Corporate and other bonds Industrial and miscellaneous	112,507,436		—		(1,024,461)		(4,690,597)		106,792,378		(5,715,058)
Residential mortgage and other asset backed securities (2)	65,529,545		119,647		(209,890)		(6,211,339)		59,227,963		(6,301,582)
Total fixed-maturity securities	$	202,308,158	$	119,647	$	(1,307,940)	$	(14,226,427)	$	186,893,438	$	(15,414,720)


	December 31, 2025				December 31, 2024
Remaining Time to Maturity	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value

Less than one year	$	6,039,179	$	6,052,600	$	9,522,262	$	9,484,834
One to five years	76,122,161		75,365,535		68,052,387		66,141,372
Five to ten years	54,998,070		53,590,654		38,159,446		34,068,922
More than 10 years	19,921,935		17,638,516		21,044,518		17,970,347
Residential mortgage and other asset backed securities	139,656,710		136,389,885		65,529,545		59,227,963
Total	$	296,738,055	$	289,037,190	$	202,308,158	$	186,893,438

The actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay obligations with or without penalties.

Equity Securities

The cost and estimated fair value of, and gross unrealized gains and losses on, investments in equity securities as of December 31, 2025 and 2024 are as follows:


	December 31, 2025
Category	Cost		Gross Gains		Gross Losses		Estimated Fair Value

Equity Securities:
Preferred stocks	$	9,750,322	$	-	$	(2,765,627)	$	6,984,695
Fixed income exchange traded funds	3,711,232		-		(724,432)		2,986,800
FHLBNY common stock	85,100		-		-		85,100
Total	$	13,546,654	$	-	$	(3,490,059)	$	10,056,595


	December 31, 2024
Category	Cost		Gross Gains		Gross Losses		Estimated Fair Value

Equity Securities:
Preferred stocks	$	9,750,322	$	-	$	(2,422,617)	$	7,327,705
Fixed income exchange traded funds,	3,711,232		-		(808,432)		2,902,800
FHLBNY common stock	66,000		-		-		66,000
Total	$	13,527,554	$	-	$	(3,231,049)	$	10,296,505

Other Investments

The cost and estimated fair value of, and gross unrealized gains on, the Company’s other investments as of December 31, 2025 and 2024 are as follows:


	December 31, 2025						December 31, 2024
Category	Cost		Gross Gains		Estimated Fair Value		Cost		Gross Gains		Estimated Fair Value

Other Investments:
Hedge fund	$	1,987,040	$	2,565,338	$	4,552,378	$	1,987,040	$	2,393,616	$	4,380,656

The Company may withdraw any or all of its interest in the Hedge Fund by written request at least 45 days prior to the applicable withdrawal date,

Held-to-Maturity Securities


	December 31, 2025
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Losses
Category					Less than 12 Months		More than 12 Months

Held-to-Maturity Securities:
U.S. Treasury securities	$	1,229,490	$	-	$	(3,070)	$	(22,083)	$	1,204,337	$	(25,153)




Exchange traded debt	304,111		-		-		(62,111)		242,000		(62,111)
Corporate and other bonds
Industrial and miscellaneous	4,508,747		-		-		(817,817)		3,690,930		(817,817)
Total	$	6,042,348	$	-	$	(3,070)	$	(902,011)	$	5,137,267	$	(905,081)


	December 31, 2024
	Cost or Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses				Estimated Fair Value		Net Unrealized Losses
Category					Less than 12 Months		More than 12 Months

Held-to-Maturity Securities:
U.S. Treasury securities	$	1,229,170	$	-	$	(39,630)	$	(15,990)	$	1,173,550	$	(55,620)
Political subdivisions of States,
Territories and Possessions	499,719		-		(654)		-		499,065		(654)
Exchange traded debt	304,111		-		-		(55,611)		248,500		(55,611)
Corporate and other bonds
Industrial and miscellaneous	5,014,342		-		-		(976,192)		4,038,150		(976,192)
Total	$	7,047,342	$	-	$	(40,284)	$	(1,047,793)	$	5,959,265	$	(1,088,077)

Held-to-maturity U.S. Treasury securities are held in trust pursuant to various states’ minimum fund requirements.

A summary of the amortized cost and the estimated fair value of the Company’s investments in held-to-maturity securities by contractual maturity as of December 31, 2025 and 2024 is shown below:


	December 31, 2025				December 31, 2024
Remaining Time to Maturity	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value


Less than one year	$	-	$	-	$	499,719	$	499,065
One to five years	2,063,366		2,029,462		622,375		600,288
Five to ten years	-		-		1,427,579		1,323,600
More than 10 years	3,978,982		3,107,805		4,497,669		3,536,312
Total	$	6,042,348	$	5,137,267	$	7,047,342	$	5,959,265

The actual maturities may differ from contractual maturities because certain borrowers have the right to call or prepay obligations with or without penalties.

There was no allowance for credit losses on held-to-maturity fixed-maturity securities as of December 31, 2025 and December 31, 2024.

Investment Income

Major categories of the Company’s net investment income are summarized as follows:


	Years ended December 31,
	2025		2024

Income:
Fixed-maturity securities	$	9,324,074	$	5,197,793
Equity securities	508,686		591,023
Cash and cash equivalents	344,837		1,215,861
Other	-		39,227
Total	10,177,597		7,043,904
Expenses:
Investment expenses	378,833		220,314
Net investment income	$	9,798,764	$	6,823,590

Proceeds from the redemption of fixed-maturity securities held-to-maturity were $1,000,000 and $0 for the years ended December 31, 2025 and 2024, respectively.

Proceeds from the sale and maturity of fixed-maturity securities available-for-sale were $59,751,659 and $127,665,799 for the years ended December 31, 2025 and 2024, respectively.

Proceeds from the sale of equity securities were $0 and $4,410,859 for the years ended December 31, 2025 and 2024, respectively.

The Company’s net gains (losses) on investments for the years ended December 31, 2025 and 2024 are summarized as follows:


	Years ended December 31,
	2025		2024

Realized (Losses) Gains

Fixed-maturity securities:
Gross realized gains	$	16,152	$	1,287
Gross realized losses	(238,858)		(15,266)
	(222,706)		(13,979)

Equity securities:
Gross realized gains	-		374,997
Gross realized losses	-		(423,367)
	-		(48,370)

Net realized losses	(222,706)		(62,349)

Unrealized (Losses) Gains

Equity Securities:
Gross gains	-		308,210
Gross losses	(259,010)		(314,816)
	(259,010)		(6,606)

Other Investments:
Gross gains	171,722		483,506
Gross losses	-		-
	171,722		483,506

Net unrealized (losses) gains	(87,288)		476,900

Net (losses) gains on investments	$	(309,994)	$	414,551

Allowance for Credit Losses

For available-for-sale fixed maturity securities, a credit loss exists if the present value of cash flows expected to be collected is less than the amortized cost basis. The allowance for credit losses related to available-for-sale fixed maturity securities is the difference between the present value of cash flows expected to be collected and the amortized cost basis, limited by the amount that the fair value is less than the amortized cost basis. The Company considers all available evidence when determining whether an investment requires a credit loss write-down or allowance to be recorded, which is recognized in net loss through an allowance for credit losses. Any remaining decline in fair value represents the noncredit portion of the impairment, which is recognized in other comprehensive income.

The Company did not identify any available-for-sale securities as of December 31, 2025 and December 31, 2024 which presented a risk of loss due to credit deterioration of the security.

At December 31, 2025 and 2024, there were 125 and 204 available-for-sale fixed-maturity securities, respectively, that accounted for the gross unrealized losses. The Company determined that none of the unrealized losses were deemed to be credit losses for its portfolio of available-for-sale fixed-maturity securities investments for the years ended December 31, 2025 and 2024. Significant factors influencing the Company’s determination that unrealized losses were temporary included credit quality considerations, the magnitude of the unrealized losses in relation to each security’s cost, the nature of the investment and interest rate environment factors, and management’s intent and ability to hold the investment for a period of time sufficient to allow for an anticipated recovery of estimated fair value to the Company’s cost basis.

The Company held available-for-sale fixed-maturity securities with unrealized losses representing declines that were considered temporary at December 31, 2025 and 2024 as follows:


	December 31, 2025
	Less than 12 months					12 months or more					Total
Category	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses
Fixed-Maturity Securities:

Political subdivisions of States, Territories and Possessions	$	-	$	-	-	$	13,926,802	$	(2,534,725)	12	$	13,926,802	$	(2,534,725)
Corporate and other bonds industrial and miscellaneous	21,525,673		(118,901)		24	34,677,856		(2,540,470)		38	56,203,529		(2,659,371)
Residential mortgage and other asset backed securities	18,055,734		(62,968)		20	29,673,084		(4,477,673)		31	47,728,818		(4,540,641)
Total fixed-maturity securities	$	39,581,407	$	(181,869)	44	$	78,277,742	$	(9,552,868)	81	$	117,859,149	$	(9,734,737)


	December 31, 2024
	Less than 12 months					12 months or more					Total
Category	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses		No. of Positions Held	Estimated Fair Value		Unrealized Losses

Fixed-Maturity Securities:


Political subdivisions of States, Territories and Possessions	$	7,705,370	$	(73,589)	6	$	13,167,726	(3,324,491)		12	$	20,873,096	$	(3,398,080)

Corporate and other bonds industrial and miscellaneous	51,411,296		(1,024,461)		60	55,381,083		(4,690,597)		68	106,792,379		(5,715,058)

Residential mortgage and other asset backed securities	19,315,521		(209,890)		22	35,206,442		(6,211,339)		36	54,521,963		(6,421,229)

Total fixed-maturity securities	$	78,432,187	$	(1,307,940)	88	$	103,755,251	$	(14,226,427)	116	$	182,187,438	$	(15,534,367)

Consolidated Statements of Stockholders' Equity (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Common Stock
Stock offering costs	$ 338,063	$ 427,179

Stockholders Equity - Weighted Average Assumptions (Details)	12 Months Ended
	Dec. 31, 2024
Equity [Abstract]
Dividend Yield	0.00%
Volatility	74.72%
Risk-Free Interest Rate	4.17%
Expected Life	3 years 6 months

Consolidated Statements of Stockholders' Equity - USD ($)	Total	Preferred Stock	Common Stock	Capital in Excess of Par	Accumulated Other Comprehensive Loss	(Accumulated Deficit) Retained Earnings	Treasury Stock
Preferred stock, Beginning balance (in shares) at Dec. 31, 2023		0
Common stock, Beginning balance (in shares) at Dec. 31, 2023			12,248,313
Stockholders' equity beginning of period at Dec. 31, 2023	$ 34,504,139	$ 0	$ 122,483	$ 75,338,010	$ (12,274,563)	$ (23,114,310)	$ (5,567,481)
Treasury stock, Beginning balance (in shares) at Dec. 31, 2023							1,471,406
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	1,382,912			1,382,912
Vesting of restricted stock awards (in shares)			518,405
Vesting of restricted stock awards	0		$ 5,184	(5,184)
Shares deducted from restricted stock awards for payment of withholding taxes (in shares)			(132,210)
Shares deducted from restricted stock awards for payment of withholding taxes	(1,310,641)		$ (1,321)	(1,309,320)
Exercise of stock options (in shares)			71,997				52,719
Exercise of stock options	63,711		$ 721	63,516			$ (526)
Issuance of common stock (in shares)			1,437,287
Issuance of common stock	13,610,807		$ 14,370	13,596,437
Exercise of warrants (in shares)			304,413
Exercise of warrants	0		$ 3,045	(3,045)
Net income	18,358,436					18,358,436
Decrease in unrealized losses on available- for-sale securities, net of tax	$ 99,087				99,087
Preferred stock, Ending balance (in shares) at Dec. 31, 2024		0
Common stock, Ending balance (in shares) at Dec. 31, 2024	12,924,080		14,448,205
Stockholders' equity end of period at Dec. 31, 2024	$ 66,708,451	$ 0	$ 144,482	89,063,326	(12,175,476)	(4,755,874)	$ (5,568,007)
Treasury stock, Ending balance (in shares) at Dec. 31, 2024	1,524,125						1,524,125
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock-based compensation	$ 1,482,357			1,482,357
Vesting of restricted stock awards (in shares)			231,613
Vesting of restricted stock awards	0		$ 2,316	(2,316)
Shares deducted from restricted stock awards for payment of withholding taxes (in shares)			(36,902)
Shares deducted from restricted stock awards for payment of withholding taxes	$ (562,214)		$ (369)	(561,845)
Exercise of stock options (in shares)	27,923		51,487
Exercise of stock options	$ 62,714		$ 515	62,199
Shares deducted from exercise of stock options for payment of withholding taxes			(868)
Shares deducted from exercise of stock options for payment of withholding taxes	(14,305)		$ (9)	(14,296)
Issuance of common stock - employee stock purchase plan (in shares)			10,729
Issuance of common stock - employee stock purchase plan	137,116		$ 107	137,009
Issuance of common stock (in shares)			612,999
Issuance of common stock	9,470,453		$ 6,130	9,464,323
Exercise of warrants (in shares)			604,388
Exercise of warrants	0		$ 6,044	(6,044)
Dividends	(1,414,397)					(1,414,397)
Net income	40,767,128					40,767,128
Decrease in unrealized losses on available- for-sale securities, net of tax	$ 6,093,946				6,093,946
Preferred stock, Ending balance (in shares) at Dec. 31, 2025		0
Common stock, Ending balance (in shares) at Dec. 31, 2025	14,397,526		15,921,651
Stockholders' equity end of period at Dec. 31, 2025	$ 122,731,249	$ 0	$ 159,216	$ 99,624,713	$ (6,081,530)	$ 34,596,857	$ (5,568,007)
Treasury stock, Ending balance (in shares) at Dec. 31, 2025	1,524,125						1,524,125

Reinsurance - Schedule of Unpaid and Paid Losses (Details) - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Reinsurance Retention [Line Items]
Guaranteed irrevocable letter of credit	$ 384	$ 393
Swiss Reinsurance America Corporation
Reinsurance Retention [Line Items]
Unpaid Losses	8,965	13,565
Paid Losses	693	1,346
Total	9,658	14,911
Security	0	0
Hannover Rueck SE
Reinsurance Retention [Line Items]
Unpaid Losses	12,497	7,195
Paid Losses	(124)	559
Total	12,373	7,754
Security	0	0
Lancashire Insurance Company Limited
Reinsurance Retention [Line Items]
Unpaid Losses	5,798	4,893
Paid Losses	1,242	1,288
Total	7,040	6,181
Security	0	0
Others
Reinsurance Retention [Line Items]
Unpaid Losses	5,972	6,670
Paid Losses	1,017	2,061
Total	6,989	8,731
Security	384	393
SCOR Reinsurance Company
Reinsurance Retention [Line Items]
Unpaid Losses	33,232	32,323
Paid Losses	2,828	5,254
Total	36,060	37,577
Security	$ 384	$ 393

Consolidated Balance Sheets - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Assets
Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of $5,137,267 at December 31, 2025 and $5,959,265 at December 31, 2024)	$ 6,042,348	$ 7,047,342
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $296,738,055 at December 31, 2025 and $202,308,158 at December 31, 2024)	289,037,190	186,893,438
Equity securities, at fair value (cost of $13,546,654 at December 31, 2025 and $13,527,554 at December 31, 2024)	10,056,595	10,296,505
Other investments	4,552,378	4,380,656
Total investments	309,688,511	208,617,941
Cash and cash equivalents	12,178,730	28,669,441
Premiums receivable, net of allowance for credit losses of $20,831 at December 31, 2025 and $402,290 at December 31, 2024	21,012,408	21,766,988
Reinsurance receivables, net	58,996,945	69,322,436
Prepaid reinsurance	2,142,329	0
Deferred policy acquisition costs	27,867,207	24,732,371
Intangible assets	500,000	500,000
Property and equipment, net	7,897,675	9,283,970
Deferred income taxes, net	4,179,559	5,597,920
Other assets	8,961,787	6,424,776
Total assets	453,425,151	374,915,843
Liabilities
Loss and loss adjustment expense reserves	140,538,618	126,210,428
Unearned premiums	154,028,072	134,701,733
Advance premiums	4,003,453	3,503,063
Reinsurance balances payable	5,232,319	10,509,121
Deferred ceding commission revenue	8,362,529	11,541,239
Accounts payable, accrued expenses and other liabilities	11,253,649	10,570,388
Income taxes payable	2,835,135	0
Debt, net (Current $1,296,900 and long-term $3,143,227 at December 31, 2025 and current $6,849,257 and long-term $4,322,163 at December 31, 2024)	4,440,127	11,171,420
Total liabilities	330,693,902	308,207,392
Commitments and Contingencies (Note 17)
Stockholders' Equity
Preferred stock, $0.01 par value; authorized 2,500,000 shares	0	0
Common stock, $0.01 par value; authorized 20,000,000 shares; issued 15,921,651 shares at December 31, 2025 and 14,448,205 shares at December 31, 2024; outstanding 14,397,526 shares at December 31, 2025 and 12,924,080 shares at December 31, 2024	159,216	144,482
Capital in excess of par	99,624,713	89,063,326
Accumulated other comprehensive loss	(6,081,530)	(12,175,476)
Retained earnings (accumulated deficit)	34,596,857	(4,755,874)
Stockholders' Equity before treasury stock	128,299,256	72,276,458
Treasury stock, at cost, 1,524,125 shares at December 31, 2025 and 1,524,125 shares at December 31, 2024	(5,568,007)	(5,568,007)
Total stockholders' equity	122,731,249	66,708,451
Total liabilities and stockholders' equity	$ 453,425,151	$ 374,915,843

Sale of Real Estate

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Sale of Real Estate

Property and Equipment

The components of property and equipment are summarized as follows:


	Cost		Accumulated Depreciation		Net

December 31, 2025
Building (1)	$	-	$	-	$	-
Land (1)	460,031		-		460,031
Furniture and office equipment	475,949		(475,949)		-
Computer equipment and software	29,519,178		(22,104,284)		7,414,894
Automobile	163,070		(140,320)		22,750
Total	$	30,618,228	$	(22,720,553)	$	7,897,675

December 31, 2024
Building	$	2,344,188	$	(1,083,235)	$	1,260,953
Land	652,437		-		652,437
Furniture and office equipment	828,011		(828,011)		-
Computer equipment and software	27,360,191		(20,000,218)		7,359,973
Automobile	134,034		(123,427)		10,607
Total	$	31,318,861	$	(22,034,891)	$	9,283,970

Depreciation expense for the years ended December 31, 2025 and 2024 was $2,559,835 and $2,448,932, respectively.

(1) See Note 20- Sale of Real Estate.

Sale of Real Estate

On February 5, 2025, a subsidiary of the Company entered into a contract of sale with Ulster County, New York (the “County”) for the sale to the County of the Company’s headquarters building in Kingston, New York, along with an adjacent mixed-use property (collectively, the “Property”). The purchase price for the Property was $3,600,000. The closing of the sale was on March 19, 2025.

Earnings Per Common Share

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Earnings Per Common Share

Basic net earnings per common share is computed by dividing net income by the weighted-average number of shares of Common Stock outstanding. Diluted earnings per common share reflects, in periods in which it has a dilutive effect, the impact of common shares issuable upon exercise of stock options and warrants as well as non-vested restricted stock awards. The computation of diluted earnings per common share excludes those options and warrants with an exercise price in excess of the average market price of the Company’s Common Stock during the periods presented. For the years ended December 31, 2025 and 2024, there were -0- and 2,828 options, respectively, with an exercise price in excess of the average market price of the Company’s Common Stock during the period. For the years ended December 31, 2025 and 2024, there were no warrants with an exercise price in excess of the average market price of the Company’s Common Stock during the period.

The computation of diluted earnings per common share excludes outstanding options, warrants and non-vested restricted stock awards in periods where the exercise of such options and warrants or vesting of such restricted stock awards would be anti-dilutive. For the years ended December 31, 2025 and 2024, there were no options, warrants or restricted stock awards that were anti-dilutive for the relevant periods.

The reconciliation of the weighted average number of shares of Common Stock used in the calculation of basic and diluted earnings per common share follows:


	Years ended December 31,
	2025	2024

Weighted average number of shares outstanding	13,926,024	11,478,899

Effect of dilutive securities, common share equivalents:
Stock options	171,449	205,961
Warrants	-	554,516
Restricted stock awards	45,700	184,393

Weighted average number of shares outstanding,
used for computing diluted earnings per share	14,143,173	12,423,769

Property and Equipment

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

The components of property and equipment are summarized as follows:


	Cost		Accumulated Depreciation		Net

December 31, 2025
Building (1)	$	-	$	-	$	-
Land (1)	460,031		-		460,031
Furniture and office equipment	475,949		(475,949)		-
Computer equipment and software	29,519,178		(22,104,284)		7,414,894
Automobile	163,070		(140,320)		22,750
Total	$	30,618,228	$	(22,720,553)	$	7,897,675

December 31, 2024
Building	$	2,344,188	$	(1,083,235)	$	1,260,953
Land	652,437		-		652,437
Furniture and office equipment	828,011		(828,011)		-
Computer equipment and software	27,360,191		(20,000,218)		7,359,973
Automobile	134,034		(123,427)		10,607
Total	$	31,318,861	$	(22,034,891)	$	9,283,970

Depreciation expense for the years ended December 31, 2025 and 2024 was $2,559,835 and $2,448,932, respectively.

(1) See Note 20- Sale of Real Estate.

Sale of Real Estate

Segment Information

12 Months Ended

Dec. 31, 2025

Segment Reporting [Abstract]

Segment Information

The Company reports results of operations for its reportable segments consistent with the manner in which its chief operating decision maker ("CODM") reviews the business to assess performance and allocate resources. The Company identifies its CODM to be its President and Chief Executive Officer.

The Company evaluates the results of its single reportable segment as follows:

Insurance operations are evaluated on (i) underwriting results (net premiums earned, ceding commission earned, other income, loss and loss adjustment expenses, commission expense, and other underwriting expenses), equating to the components of the net combined ratio.

Investments from the insurance operation are primarily evaluated on net investment income and its return on equity contribution.

Net (losses) gains on investments, gain on sale of real estate, other operating expenses are corporate expenses, depreciation and amortization, interest expense, and income tax, which are broken out below the insurance operations components of the net combined ratio to return to the consolidated net income.

The Company's CODM uses these measures of profit or loss predominantly in the annual budget and forecasting process, considering budget-to-actual variances throughout the year. The CODM also uses these profit measures for evaluating (i) financial performance, (ii) pricing in the Company's insurance operations, and (iii) employee compensation.

The Company does not allocate items not included in the net combined ratio. Such items include net gains on investments, depreciation and amortization, interest expense, corporate expenses included in other operating expenses, and assets to these segments. The Company does not allocate income taxes to its segments. The Company does not manage those segments on after-tax results.

The following tables reconciles the revenue and expense components of the net combined ratio to consolidated net income for the periods presented.


	Years ended December 31,
	2025		2024
Revenue components of net combined ratio
Net premiums earned	$	187,126,722	$	128,497,920
Ceding commission revenue	15,674,971		18,837,946
Other income	610,212		549,967
Total revenue components of net combined ratio	203,411,905		147,885,833

Expense components of net combined ratio
Loss and loss adjustment expenses	84,265,722		62,634,716
Commission expense	40,726,801		33,929,333
Other underwriting expenses	31,718,770		25,692,727
Total expense components of net combined ratio	156,711,293		122,256,776

Operating segment net income	46,700,612		25,629,057

Reconciliation of net income components
excluded from net combined ratio:

Revenue components excluded from net combined ratio
Net investment income	9,798,764		6,823,590
Net (losses) gains on investments	(309,994)		414,551
Realized gain on sale of real estate	1,965,989		—
Other income	637		18,129
Total revenue components excluded
from net combined ratio	11,455,396		7,256,270

Expense components excluded from net combined ratio
Other operating expenses	4,105,310		3,634,583
Depreciation and amortization	2,559,835		2,448,932
Interest expense	445,213		3,513,655
Income tax	10,278,522		4,929,721
Total expense components excluded
from net combined ratio	17,388,880		14,526,891

Total net loss components
excluded from net combined ratio:	(5,933,484)		(7,270,621)

Consolidated net income	$	40,767,128	$	18,358,436

The following table shows the calculation of the net combined ratio and return on equity from net investment income for the periods presented.


	Years ended December 31,
	2025			2024
Net combined ratio
Net loss ratio	45.0		%	48.7		%
Net underwriting expense ratio	30.0		%	31.3		%
Net combined ratio	75.0		%	80.0		%

Reconciliation of net underwriting expense ratio:
Commission expense and other
underwriting expenses	72,445,571			59,622,060
Less: Ceding commission revenue	(15,674,971)			(18,837,946)
Less: Other income	(610,212)			(549,967)
Total commission expense and other
underwriting expenses	$	56,160,388		$	40,234,147

Net earned premium	$	187,126,722		$	128,497,920

Net underwriting expense ratio	30.0		%	31.3		%

Return on equity on net investment income
Stockholders' equity beginning of period	$	66,708,451		$	34,504,139
Stockholders' equity end of period	$	122,731,249		$	66,708,451
Average stockholders' equity	$	94,719,850		$	50,606,295
Net investment income	$	9,798,764		$	6,823,590
Return on equity on net investment income	10.3		%	13.5		%

Total assets	$	453,425,151		$	374,915,843

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Income Taxes - Provision for Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Operating Loss Carryforwards [Line Items]
Federal income tax before utilization of net operating loss	$ 10,896,837
Utilization of net operating loss	(419,357)
Current federal income tax expense	10,477,480	$ 0
Current state income tax expense	2,590	2,160
Deferred federal and state income tax (benefit)	(201,548)	4,927,561
Income tax	$ 10,278,522	$ 4,929,721
Valuation allowance for state deferred taxes (in percent)	100.00%	100.00%
NEW YORK
Operating Loss Carryforwards [Line Items]
Income tax	$ 2,340	$ 2,160
CONNECTICUT
Operating Loss Carryforwards [Line Items]
Income tax	$ 250

Consolidated Statements of Income and Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Revenues
Net premiums earned	$ 187,126,722	$ 128,497,920
Ceding commission revenue	15,674,971	18,837,946
Net investment income	9,798,764	6,823,590
Net (losses) gains on investments	(309,994)	414,551
Realized gain on sale of real estate	1,965,989	0
Other income	610,849	568,096
Total revenues	214,867,301	155,142,103
Expenses
Loss and loss adjustment expenses	84,265,722	62,634,716
Commission expense	40,726,801	33,929,333
Other underwriting expenses	31,718,770	25,692,727
Other operating expenses	4,105,310	3,634,583
Depreciation and amortization	2,559,835	2,448,932
Interest expense	445,213	3,513,655
Total expenses	163,821,651	131,853,946
Income from operations before taxes	51,045,650	23,288,157
Income tax expense	10,278,522	4,929,721
Net income	40,767,128	18,358,436
Other comprehensive income, net of tax
Gross decrease in unrealized losses on available-for-sale-securities	7,491,149	111,446
Reclassification adjustment for losses included in net income	222,706	13,979
Net decrease in unrealized losses	7,713,855	125,425
Income tax expense related to items of other comprehensive income	(1,619,909)	(26,338)
Other comprehensive income, net of tax	6,093,946	99,087
Comprehensive income	$ 46,861,074	$ 18,457,523
Earnings per common share:
Basic (in dollars per share)	$ 2.93	$ 1.60
Diluted (in dollars per share)	$ 2.88	$ 1.48
Weighted average common shares outstanding
Weighted average common shares outstanding, Basic (in shares)	13,926,024	11,478,899
Weighted average common shares outstanding, Diluted (in shares)	14,143,173	12,423,769
Dividends declared and paid per common share (in dollars per share)	$ 0.10	$ 0

Debt - Schedule of Debt (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Debt Instrument [Line Items]
Balance at end of period	$ 4,440,127	$ 11,171,420
Senior Notes due 2026
Debt Instrument [Line Items]
Balance at end of period	$ 0	5,508,000
Stated interest rate (percent)	13.75%
Equipment Financing
Debt Instrument [Line Items]
Balance at end of period	$ 4,440,127	$ 5,663,420

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

+ Details

Property and Casualty Insurance Activity - Components of the Liability for Loss and LAE Expenses (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Liability for Claims and Claims Adjustment Expense [Line Items]
Loss adjustment expenses	$ 140,538,618	$ 126,210,428
Gross Liability
Liability for Claims and Claims Adjustment Expense [Line Items]
Case-basis reserves	75,384,626	64,087,782
Loss adjustment expenses	26,359,154	23,442,101
IBNR reserves	38,794,838	38,680,545
Recoverable on paid losses	0	0
Total loss and loss adjustment expenses	140,538,618	126,210,428
Reinsurance Receivables
Liability for Claims and Claims Adjustment Expense [Line Items]
Case-basis reserves	20,748,974	17,721,033
Loss adjustment expenses	4,206,150	3,940,147
IBNR reserves	8,277,241	10,661,457
Recoverable on unpaid losses	33,232,365	32,322,637
Recoverable on paid losses	2,827,829	5,254,482
Total loss and loss adjustment expenses	36,060,194	37,577,119
Unearned premiums	22,936,751	31,745,317
Receivables - reinsurance contracts	0	0
Total reinsurance receivables	$ 58,996,945	$ 69,322,436

Insider Trading Policies and Procedures	12 Months Ended
Insider Trading Policies and Procedures	Dec. 31, 2025
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Reinsurance - Schedule of Line of Business Treaty year (Details) - Personal Umbrella - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2024
Reinsurance Retention [Line Items]
Percent ceded - first $1,000,000 of coverage		90.00%	90.00%
Percent ceded - excess of $1,000,000 dollars of coverage		95.00%	95.00%
Risk retained		$ 300	$ 300
Total reinsurance coverage per occurrence		4,700	4,700
Losses per occurrence subject to quota share reinsurance coverage		$ 5,000	$ 5,000
Forecast
Reinsurance Retention [Line Items]
Percent ceded - first $1,000,000 of coverage	90.00%
Percent ceded - excess of $1,000,000 dollars of coverage	95.00%
Risk retained	$ 300
Total reinsurance coverage per occurrence	4,700
Losses per occurrence subject to quota share reinsurance coverage	$ 5,000

Investments - Schedule of Available for Sale Fixed Maturity Securities Contractual Maturity (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Amortized Cost
Less than one year	$ 6,039,179	$ 9,522,262
One to five years	76,122,161	68,052,387
Five to ten years	54,998,070	38,159,446
More than 10 years	19,921,935	21,044,518
Residential mortgage and other asset backed securities	139,656,710	65,529,545
Cost or Amortized Cost	296,738,055	202,308,158
Estimated Fair Value
Less than one year	6,052,600	9,484,834
One to five years	75,365,535	66,141,372
Five to ten years	53,590,654	34,068,922
More than 10 years	17,638,516	17,970,347
Residential mortgage and other asset backed securities	136,389,885	59,227,963
Total	$ 289,037,190	$ 186,893,438

Earnings Per Common Share (Details) - USD ($)	12 Months Ended
Earnings Per Common Share (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Earnings Per Share [Abstract]
Weighted average common shares outstanding (in shares)	13,926,024	11,478,899
Stock options (in shares)	$ 171,449	$ 205,961
Warrants (in shares)	0	554,516
Restricted stock awards (in shares)	$ 45,700	$ 184,393
Weighted average number of shares outstanding, used for computing diluted earnings per share (in shares)	14,143,173	12,423,769

Intangible Assets - Narrative (Details) - USD ($)	12 Months Ended
Intangible Assets - Narrative (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of intangible assets	$ 0	$ 0
Amortization of expenses	$ 0	$ 0

- Definition

The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476148/220-40-50-12

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 40
-SubTopic 30
-Topic 350
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482640/350-30-55-40

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482665/350-30-50-2

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482686/350-30-45-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476148/220-40-50-6

+ Details

Quarterly Financial Data (Unaudited) (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2025	Sep. 30, 2025	Jun. 30, 2025	Mar. 31, 2025	Dec. 31, 2024	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2025	Dec. 31, 2024
Condensed Income Statements, Captions [Line Items]
Net premiums earned									$ 187,126,722	$ 128,497,920
Ceding commission revenue									15,674,971	18,837,946
Net investment income									9,798,764	6,823,590
Net (losses) gains on investments									(309,994)	414,551
Realized gain on sale of real estate									1,965,989
Total revenues									214,867,301	155,142,103
Loss and loss adjustment expenses									84,265,722	62,634,716
Commission expense and other underwriting expenses									72,445,571	59,622,060
Net income									$ 40,767,128	$ 18,358,436
Basic earnings per share (in dollars per share)									$ 2.93	$ 1.60
Diluted earnings per share (in dollars per share)									$ 2.88	$ 1.48
Premium Earned Not Subject To Concentration
Condensed Income Statements, Captions [Line Items]
Net premiums earned	$ 49,463,346	$ 47,925,053	$ 46,215,260	$ 43,523,063	$ 35,967,212	$ 33,407,194	$ 30,303,612	$ 28,819,902
Ceding commission revenue	4,734,323	4,900,401	3,081,556	2,958,691	4,967,198	4,741,676	4,561,961	4,567,111
Net investment income	2,950,830	2,499,071	2,300,267	2,048,596	1,906,461	1,649,673	1,764,596	1,502,860
Net (losses) gains on investments	(900,588)	182,122	546,451	(137,979)	(904,756)	826,522	(233,606)	726,391
Realized gain on sale of real estate	0	0	0	1,965,989
Total revenues	56,421,257	55,652,490	52,294,779	50,498,775	42,103,083	40,771,728	36,502,115	35,765,177
Loss and loss adjustment expenses	17,931,158	21,232,324	17,927,162	27,175,078	17,509,224	13,027,597	14,238,308	17,859,587
Commission expense and other underwriting expenses	18,703,749	18,666,524	18,356,996	16,718,302	15,857,794	15,898,844	14,133,005	13,732,417
Net income	$ 14,759,661	$ 10,872,475	$ 11,252,332	$ 3,882,660	$ 5,438,675	$ 6,978,145	$ 4,514,937	$ 1,426,679
Basic earnings per share (in dollars per share)	$ 1.04	$ 0.77	$ 0.81	$ 0.29	$ 0.44	$ 0.61	$ 0.41	$ 0.13
Diluted earnings per share (in dollars per share)	$ 1.03	$ 0.74	$ 0.78	$ 0.27	$ 0.40	$ 0.55	$ 0.37	$ 0.12

Property and Casualty Insurance Activity - Information relating to Incurred and Paid Claims (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($) claim
Liability for Claims and Claims Adjustment Expense [Line Items]
Total	$ 646,429
2016
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	26,062
IBNR	$ 31
Cumulative Number of Reported Claims by Accident Year \| claim	2,884,000
2017
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 24,941
2017	31,605
IBNR	$ 149
Cumulative Number of Reported Claims by Accident Year \| claim	3,401,000
2018
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 24,789
2017	32,169
2018	54,455
IBNR	$ 425
Cumulative Number of Reported Claims by Accident Year \| claim	4,238,000
2019
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 27,887
2017	35,304
2018	56,351
2019	75,092
IBNR	$ 2,025
Cumulative Number of Reported Claims by Accident Year \| claim	4,509,000
2020
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 27,966
2017	36,160
2018	58,441
2019	72,368
2020	63,083
IBNR	$ 934
Cumulative Number of Reported Claims by Accident Year \| claim	5,896,000
2021
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 27,417
2017	36,532
2018	59,404
2019	71,544
2020	62,833
2021	96,425
IBNR	$ 1,303
Cumulative Number of Reported Claims by Accident Year \| claim	5,836,000
2022
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 27,352
2017	36,502
2018	61,237
2019	71,964
2020	63,217
2021	96,673
2022	79,835
IBNR	$ 2,533
Cumulative Number of Reported Claims by Accident Year \| claim	4,721,000
2023
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 27,271
2017	36,819
2018	61,145
2019	73,310
2020	63,562
2021	96,134
2022	78,759
2023	78,978
IBNR	$ 5,125
Cumulative Number of Reported Claims by Accident Year \| claim	4,097,000
2024
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 27,247
2017	37,268
2018	61,686
2019	74,363
2020	64,400
2021	96,771
2022	78,078
2023	72,025
2024	57,860
IBNR	$ 7,014
Cumulative Number of Reported Claims by Accident Year \| claim	3,140,000
2025
Liability for Claims and Claims Adjustment Expense [Line Items]
2016	$ 27,171
2017	37,359
2018	61,897
2019	76,337
2020	65,888
2021	98,411
2022	77,319
2023	70,128
2024	54,364
2025	77,556
IBNR	$ 20,697
Cumulative Number of Reported Claims by Accident Year \| claim	2,306,000

Income Taxes - Net Operating Loss Carryovers (Details) - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Federal only, NOL	$ 0	$ 419,357
State only	3,421,252	3,075,395
Valuation allowance	(3,421,252)	(3,075,395)
State only, net of valuation allowance	0	0
Total deferred tax asset from net operating loss carryovers	$ 0	$ 419,357

Income Taxes - Federal Statutory Rate - Prior Year (Details) - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Amount
Computed expected tax expense	$ 10,719,587	$ 4,890,513
State income taxes, net of federal effect	11,013	(431,749)
State valuation allowance		439,905
Dividends received deduction	(51,835)	(64,525)
Non-taxable investment income	(167,401)	(122,194)
Stock-based compensation	(563,954)	(280,104)
Sale leaseback transaction		99,775
Other permanent differences	318,977	191,488
Prior year tax matters		173,572
Other	12,135	33,040
Income tax	$ 10,278,522	$ 4,929,721
Percent
Computed expected tax expense	21.00%	21.00%
State taxes, net of Federal benefit	0.00%	(1.90%)
State valuation allowance		1.90%
Dividends received deduction	(0.10%)	(0.30%)
Non-taxable investment income	(0.30%)	(0.50%)
Stock-based compensation	(1.10%)	(1.20%)
Sale leaseback transaction		0.40%
Other permanent differences	0.60%	0.80%
Prior year tax matters		0.80%
Other	(0.10%)	0.10%
Effective tax rate	20.00%	21.20%

Segment Information - Components Included and Excluded from Net Combined Ratio (Details)	12 Months Ended
	Dec. 31, 2025 USD ($) segment	Dec. 31, 2024 USD ($)
Segment Reporting [Abstract]
Number of reportable segments \| segment	1
Revenue components excluded from net combined ratio
Net income	$ 40,767,128	$ 18,358,436
Reportable Segment
Components of Net Combined Ratio [Abstract]
Net premiums earned	187,126,722	128,497,920
Ceding commission revenue	15,674,971	18,837,946
Other income	610,212	549,967
Total revenue components of net combined ratio	203,411,905	147,885,833
Loss and loss adjustment expenses	84,265,722	62,634,716
Commission expense	40,726,801	33,929,333
Other underwriting expenses	31,718,770	25,692,727
Total expense components of net combined ratio	156,711,293	122,256,776
Operating segment net income	46,700,612	25,629,057
Revenue components excluded from net combined ratio
Net investment income	9,798,764	6,823,590
Net (losses) gains on investments	(309,994)	414,551
Realized gain on sale of real estate	1,965,989	0
Other income	637	18,129
Total revenue components excluded from net combined ratio	11,455,396	7,256,270
Other operating expenses	4,105,310	3,634,583
Depreciation and amortization	2,559,835	2,448,932
Interest expense	445,213	3,513,655
Income tax	10,278,522	4,929,721
Total expense components excluded from net combined ratio	17,388,880	14,526,891
Total net loss components excluded from net combined ratio	$ (5,933,484)	$ (7,270,621)

Statutory Financial Information and Accounting Policies	12 Months Ended
Statutory Financial Information and Accounting Policies	Dec. 31, 2025
Statutory Financial Information and Accounting Policies
Statutory Financial Information and Accounting Policies	Statutory Financial Information and Accounting Policies For regulatory purposes, KICO prepares its statutory basis financial statements based on statutory accounting principles prescribed or permitted by the New York State Department of Financial Services (the “DFS”). The DFS requires insurance companies domiciled in New York State to prepare their statutory financial statements in accordance with Statements of Statutory Accounting Principles as promulgated by the National Association of Insurance Commissioners (the “NAIC”), subject to any deviations prescribed or permitted by the DFS. These statutory accounting practices differ substantially from GAAP used by most business entities. The more significant variances from GAAP are as follows: •Policy acquisition costs are charged to operations in the year such costs are incurred, rather than being deferred and amortized as premiums are earned over the terms of the policies. •Ceding commission revenues are earned when ceded premiums are written except for ceding commission revenues in excess of anticipated acquisition costs, which are deferred and amortized as ceded premiums are earned. GAAP requires that all ceding commission revenues be earned as the underlying ceded premiums are earned over the term of the reinsurance agreements. •Certain assets including certain receivables, a portion of the net deferred tax asset, prepaid expenses and furniture and equipment are not admitted. •Investments in fixed-maturity securities are valued at NAIC value for statutory financial purposes, which is primarily amortized cost. GAAP requires certain investments in fixed-maturity securities classified as available-for-sale, to be reported at fair value. •Certain amounts related to ceded reinsurance are reported on a net basis within the statutory basis financial statements. GAAP requires these amounts to be shown gross. •For SAP purposes, changes in deferred income taxes relating to temporary differences between net income for financial reporting purposes and taxable income are recognized as a separate component of gains and losses in surplus rather than included in income tax expense or benefit as required under GAAP. State insurance laws restrict the ability of KICO to declare dividends. These restrictions are related to surplus and net investment income. Dividends are restricted to the lesser of 10% of surplus or 100% of investment income (on a statutory accounting basis) for the trailing 36 months, net of dividends paid by KICO during such period. State insurance regulators require insurance companies to maintain specified levels of statutory capital and surplus. Generally, dividends may be paid without the need for DFS approval from unassigned surplus, and the amount of an insurer’s unassigned surplus following payment of any dividends must be reasonable in relation to the insurer’s outstanding liabilities and adequate to meet its financial needs. At December 31, 2025 and 2024, unassigned surplus was $36,152,023 and $13,658,183, respectively. Through September 30, 2025, KICO had an agreement with DFS that KICO was only permitted to pay dividends to the Holding Company for purposes of paying operating expenses and debt obligations, and that the maximum amount of dividends that could be paid in 12 months was $12,000,000 without prior approval. Effective September 30, 2025, the restrictions on KICO to pay dividends were removed by DFS. As of December 31, 2025, the maximum dividends that KICO can pay to the Holding Company is restricted to the lesser of 10% of statutory surplus as shown by its last statement on file with DFS, or 100% of net investment income for the preceding 36 months reduced by dividends paid during such period. As of December 31, 2025, the maximum allowable dividend that KICO may pay to the Holding Company was $1,969,796 without DFS approval. See Note 21 - Subsequent Events - Statutory Financial Information. For the years ended December 31, 2025 and 2024, KICO paid dividends to the Holding Company of $7,950,000 and $0, respectively. For the years ended December 31, 2025 and 2024, KICO recorded statutory basis net income of $38,665,538 and $23,273,658, respectively. At December 31, 2025 and 2024, KICO reported statutory basis surplus as regards policyholders of $99,197,956 and $76,704,115, respectively, as filed with the DFS.