Business Context and Reporting Period
This Form 8-K Current Report is filed by Kingstone Companies, Inc. (KINS), a Delaware corporation, on August 18, 2026. The report discloses a change in the Company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It is a disclosure regarding auditor changes and does not include financial statement data.
Material Changes
- Appointment of New Auditor: The Audit Committee approved the engagement of Deloitte & Touche LLP to audit the consolidated financial statements and internal controls for the fiscal year ending December 31, 2026.
- Dismissal of Prior Auditor: CBIZ CPAs P.C. was dismissed as the independent registered public accounting firm effective August 18, 2026.
- Reason for Change: The Audit Committee selected Deloitte based on its dedicated insurance practice and resource depth.
- Historical Context: CBIZ CPAs was previously appointed on April 8, 2025, following the resignation of Marcum LLP due to an acquisition of Marcum's attest business by CBIZ.
Outlook, Risks, and Contingencies
- Internal Control Material Weakness: CBIZ CPAs issued an adverse attestation report on the effectiveness of the Company's internal control over financial reporting as of December 31, 2025. This was due to a material weakness involving the lack of a Service Organization Control (SOC) 1 Type 2 report for the insurance premium quoting platform and general ledger systems.
- Audit Opinion Status: The audit report on the consolidated financial statements for the fiscal year ended December 31, 2025, did not contain an adverse opinion, disclaimer, or qualification regarding accounting principles or scope.
- Disagreements: There were no disagreements or reportable events between the Company and CBIZ CPAs regarding accounting principles or auditing scope from April 8, 2025, through August 18, 2026, other than the previously disclosed adverse attestation on internal controls.
- Consultations: The Company did not consult with Deloitte regarding accounting principles or potential audit opinions during the relevant periods prior to this engagement.
Investor Verification Checklist
- Verify the status of remediation efforts for the material weakness in internal controls related to the insurance premium quoting platform and general ledger systems.
- Review the engagement letter between Kingstone Companies, Inc. and Deloitte & Touche LLP to confirm the scope of the 2026 audit.
- Examine Exhibit 16.1 (Letter from CBIZ CPAs) to confirm their agreement with the Company's disclosures regarding the dismissal.
- Monitor future filings for the issuance of the SOC 1 Type 2 report required to resolve the internal control deficiency.