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- Kingsway to consolidate its Canadian business
Kingsway to consolidate its Canadian business
- By ILS corp
- Published 09/24/2009
- ILSTV Stories
- Unrated
Kingsway Financial announced that JEVCO Insurance Company will assume the assets and liabilities of Kingsway General Insurance Company effective October 1, 2009 , subject to regulatory approval. Both KGIC and JEVCO are Kingsway subsidiaries.
JEVCO will be Kingsway's marketing brand in
It is expected that the consolidation of Kingsway's Canadian operations will contribute to a reduction in the Company's operating expenses. In addition, JEVCO will put even greater focus on its existing products, namely: non-standard automobile, motorcycles, recreational vehicles, and surety, as well as commercial auto and property.

