The sales is expected to close in the third quarter
Specialty insurer plans to streamline management in two business segments
Deal expected to close in the second quarter
Kingsway takes a renewed minority ownership in the companies under LGIC Holdings LLC
Source: The Canadian PressKingsway Financial Services Inc. (TSX:KFS) returned to profitability in the third quarter with US$2.5 million of net income or five cents per share, the company said Friday.The Toronto-area insurance company, which reports in U.S. currency, took in less revenue from premiums but did better on underwriting losses, investments and continuing operations.It also […]
Replaces KPMG with BDO
Toronto company has tightened its operations
Revenue drop reflects company’s strategy of discontinuing unprofitable lines of business
Simpson to step down in June; Swets to take over as president
Donation of Lincoln shares did not violate state laws, court rules