Kingstone Extends CEO Golden’s Agreement Through 2029, Targets $500M Premium
Kingstone Companies extended President and CEO Meryl Golden’s employment agreement through January 10, 2029, after its Compensation Committee highlighted her role in returning the insurer to record profitability. Under her leadership, the company has entered California and plans further new-state expansion, targeting $500 million in direct written premium by 2029.
1. Employment Agreement Extended to 2029
Kingstone’s Board of Directors approved an extension of Meryl Golden’s employment agreement to January 10, 2029, two years beyond its original expiration. The Compensation Committee recommended the extension based on leadership performance and strategic continuity objectives.
2. Leadership Drives Profitability and Expansion
Under Golden’s leadership, Kingstone returned to record profitability and established a clear roadmap for measured geographic expansion. The company has launched operations in California and is evaluating additional state entries to diversify its footprint.
3. Growth Target of $500 Million Direct Written Premium
Golden set a goal of reaching $500 million in direct written premium by January 2029, reflecting the Board’s confidence in her strategic plan. This target underscores Kingstone’s focus on scaling its product suite and expanding market presence.