Mendota Insurance

Mendota Insurance Company provides high quality auto insurance protection.

Mendota Insurance Company provides high quality auto insurance protection.

Kingsway Financial Services finalizes the sale of its non-standard auto insurance subsidiaries—Mendota Insurance Company, Mendakota Insurance Company, and Mendakota Casualty Company—to Premier Holdings for a total of **$28.6 million**. The transaction, previously announced in July 2018, involves the transfer of three specialized insurance entities. Kingsway plans to reinvest the proceeds into new opportunities.

Oct 2018PR NewswireNews article

Kingsway Financial Services sells its non-standard auto insurance subsidiaries—Mendota Insurance Company, Mendakota Insurance Company, and Mendakota Casualty Company—to Premier Holdings. The deal covers Mendota’s statutory surplus as of June 30, 2018, with completion expected before year-end. The transaction excludes Kingsway’s standard auto insurance operations.

Jul 2018PR NewswireNews article

Kingsway Financial Services Inc. sells its non-standard auto insurance business to Premier Holdings LLC. The transaction involves the transfer of a specialized insurance segment targeting high-risk drivers or non-traditional policies. The deal marks a strategic shift for Kingsway, focusing its operations on other financial services.

Jul 2018Investment ExecutiveNews article

Kingsway Financial Services Inc. is restructuring its **Insurance Services** and **Insurance Underwriting** segments to streamline operations. The move follows the company’s existing business segments, aiming to optimize its insurance-related divisions. No further details on the restructuring scope or impact are provided in the announcement.

Sep 2012PR NewswireNews article