Savvy Trades and Investments

[nelson1234]

KINS , in the CC, they stated they will update guidance next quarter to reflect the benefits of their relationship with Amguard, which is exiting the business (I think bankruptcy) and KINS will be the recommended partner to takeover those accounts. They said its too early to know the full effects, but they KINS will only take those policy holders that accept their pricing. Amguard has requested a price increase with NYS, so the prices should be closer, and I expect a good portion of policies to move over to KINS.. and its all free to KINS and again, the determine in the end which policies they take. So I do expect another guidance upgrade next quarter, but no guarantees. In addition, KINS said they have they currently have the financial ability to add these new policies.