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Article: Kingsway announces the acquisition of Mendota Insurance Company.
- Article from:
- PR Newswire
- Article date:
- April 2, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, April 2 /PRNewswire-FirstCall/ -- (TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway") today announced the completion of the previously announced acquisition of Mendota Insurance Company ("Mendota"), a wholly owned subsidiary of The Travelers Companies, Inc. (f/k/a The St. Paul Travelers Companies, Inc.). The transaction includes Mendota's wholly owned subsidiaries, Mendakota Insurance Company and Mendota Insurance Agency, Inc. Terms of the transaction were not disclosed. The purchase price has been funded through a combination of internal sources and Kingsway's existing credit facilities.
Mendota is licensed in 43 states and currently ...
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