What's changed at Kin
Every update we've tracked for Kin, newest first. Each one links to the full note.
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Kin cuts South Florida home rates by more than 20%
Kin said it cut home rates by an average of more than 20% for new and current customers in Broward, Miami-Dade and Palm Beach counties. It called this its largest Florida cut. Its max insured value rose to $14 million.
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Kin starts to sell car insurance in Florida
Kin launched its first auto product in Florida and Texas. It is sold on its own or bundled with Kin home. Bundling takes up to 20% off auto.
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Demotech affirms A rating after Kin adds $20 million in surplus
Kin put $20 million of surplus into Kin Interinsurance Network at the end of March 2022. It used a surplus note. Demotech affirmed its A (Exceptional) rating on March 31, 2022.
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OIR clears Kin's new reciprocal to sell in Florida
OIR authorized Kin Interinsurance Network to transact insurance in Florida on June 24, 2019. It began business the same day. It wrote only in Florida in 2019 and 2020.