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    News and Articles on Kingsway Financial Services (KFS)


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    Hawaii joins others in suing Amgen  Nov 1, 2009
    Kingsway Financial Services said it has completed the sale of Zephyr Insurance Co., Hawai'i's largest hurricane insurance company. Toronto-based Kingsway announced last month that it had reached an agreement to sell Zephyr for $31. (Honolulu Advertiser)

    Kingsway completes sale of hurricane insurer Zephyr Insurance Co.  Oct 31, 2009
    Kingsway Financial Services said today it has completed the sale of Zephyr Insurance Co., Hawaii's largest hurricane insurance company. Toronto-based Kingsway announced last month that it had reached an agreement to sell Zephyr for $31. (Honolulu Advertiser)

    Isle insurer being sold for $31.5M  Sep 11, 2009
    Kingsway Financial Services Inc. of Toronto yesterday announced it had signed a definitive agreement to sell Zephyr to a buyer consisting of East Coast insurer Ocean Harbor Holding Inc. and MP Holdings LLC, a Honolulu-based firm linked to the MacNaughton Group, a real estate development and retail company. The sale comes about four years after Kingsway bought Zephyr, which provides hurricane coverage to more than 70,000 clients in Hawai'i. (Honolulu Advertiser)

    Kingsway Financial sells Hawaii hurricane insurance provider Zephyr  Sep 10, 2009
    Kingsway Financial Services Inc. has struck a deal to sell Hawaii hurricane coverage provider Zephyr Insurance Co. Inc.. Zephyr is being acquired by Ocean Harbor Holding Inc. and MP Holdings LLC, a Hawaii-based investor group. (Honolulu Advertiser)

    Kingsway Financial withdraws its S&P and DBRS ratings  Jun 6, 2009
    TORONTO, June 5 /PRNewswire-FirstCall/ - (TSX:KFS, NYSE:) Kingsway Financial Services withdraws its Standard and Poors and DBRS Ratings. Kingsway Financial Services announces today that its board has unanimously authorized management to withdraw ratings provided by Standard and Poors and by DBRS in connection with its outstanding debt and securities, including its outstanding debt and units of the Kingsway Limited Return of Capital Trust ... Kingsway Financial Services Inc. ("Kingsway" or the... (PR Newswire)

    Lincoln General Insurance Company run-off plan approved  May 31, 2009
    TORONTO, May 29 /PRNewswire-FirstCall/ - (TSX:KFS, NYSE:) Kingsway Financial Services Inc. ("Kingsway") announces that the Pennsylvania Insurance Department (the "Department") has completed its review of a proposed RBC plan (the "Plan") filed by Lincoln General Insurance Company ("Lincoln General") ... Kingsway Financial Services Inc. is one of the largest non-standard and commercial automobile insurers in North America based on A.M. Best data that we have compiled ... The common shares of... (PR Newswire)

    Kingsway Reports a Net Loss in First Quarter  May 8, 2009
    KINGSWAY FINANCIAL SERVICES INC. ... TORONTO, May 8 /CNW/ - Kingsway Financial Services Inc. (TSX: KFS, NYSE: KFS) today announced its financial results for the first quarter ended March 31, 2009 ... An audio webcast will also be broadcast live and can be accessed through our website at or directly at About the Company Kingsway Financial Services Inc. ("Kingsway" or the "Company") is a leading non-standard automobile insurer and commercial automobile insurer in North America. (Canada Newswire)

    Loblaw, WestJet report earnings, Tuesday  May 2, 2009
    Kingsway Financial Services Inc. reports. A first-quarter loss of 33 cents (U.S.) a share is expected, compared with a loss of 52 cents a year ago. (Globe and Mail -- Business)

    Kingsway names new head of Canadian operations  Apr 4, 2009
    TORONTO Kingsway Financial Services Inc. said Friday it has appointed Serge Lavoie, former head of Kingsway's Jevco Insurance Co., as president and chief executive officer of Kingsway's Canadian operations ... Kingsway Financial Services. (Globe and Mail -- Business)

    Kingsway Financial books larger-than-expected loss  Feb 20, 2009
    TORONTO Kingsway Financial Services Inc. said Friday its loss for the fiscal fourth quarter exceeded gloomy estimates released earlier this month, citing underwriting charges at one of its troubled U.S. subsidiaries and impairments to goodwill ... Kingsway Financial Services. (Globe and Mail -- Business)

    Kingsway Reports Loss in Fourth Quarter and 2008 and Dividend Reduction  Feb 20, 2009
    KINGSWAY FINANCIAL SERVICES INC. ... TORONTO, Feb. 20 /CNW/ - Kingsway Financial Services Inc. (TSX: KFS, NYSE: KFS) today announced its financial results for the fourth quarter and year ended December 31, 2008 ... About the Company Kingsway Financial Services Inc. "Kingsway" is one of the largest non-standard automobile insurers and truck insurers in North America based on A.M. Best data that we have compiled. (Canada Newswire)

    Statscan reports on January CPI, Friday  Feb 14, 2009
    Kingsway Financial Services Inc. reports. A fourth-quarter loss of $1. (Globe and Mail -- Business)

    Kingsway sells assets, cuts jobs amid shakeup  Feb 10, 2009
    TORONTO Kingsway Financial Services Inc. is cutting 750 jobs, quitting some businesses and selling assets including its common-share portfolio, while warning of a material fourth-quarter loss ... Kingsway Financial Services. (Globe and Mail -- Business)

    The Stilwell Group Withdraws Requisition for Kingsway Financial Services (KFS) Special Shareholders Meeting  Feb 10, 2009
    NEW YORK, Feb. 10 /CNW/ - The Stilwell Group has withdrawn its requisition for a special shareholders meeting for Kingsway Financial Services ("Kingsway"), having reached an understanding to provide for the retirement of certain directors at the annual general meeting in April 2009. Joseph Stilwell said, "We are happy to be moving forward with what will be a reconstituted board. I believe the board will act as owners. This means selling or running off all non-core lines of business; this means... (Canada Newswire)




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