Six months after stepping down as CEO of Kingstone Cos., Barry Goldstein is back in the job following the abrupt resignation of his successor, Dale Thatcher.
Goldstein served as the Kingston-headquartered company’s CEO from 2001 through 2018 and moved into the role of executive chairman when Thatcher, who was previously chief financial officer at Selective Insurance, took over the CEO job on Jan. 1. In a statement, the company said its board of directors “accepted the request to retire by Dale Thatcher, for personal reasons.”
“I’m delighted to reassume the post of CEO of a company I worked so hard to build and that is so dear to my heart,” Goldstein said in a statement. “I have one immediate goal. That is, while our growth rate continued in Q2, we must now be laser focused on taking those actions needed to enhance our underwriting profitability and post results more consistent with our long history of excellent returns.”
Kingstone is a regional property and casualty insurance holding company whose principal operating subsidiary is Kingstone Insurance Co., which offers primarily personal lines insurance products in New York, New Jersey, Rhode Island, Massachusetts, Connecticut and Pennsylvania.