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Crosswinds Holdings Inc.

11:03 AM EST - Crosswinds Holdings Inc. : Announced that following the satisfaction of all closing conditions, including receipt of regulatory approval from the Florida Office of Insurance Regulation, it has completed the previously announced sale of all of its interests in Monarch Delaware Holdings LLC to an affiliate of its joint venture partner, Federated National Holding Company. Crosswinds Holdings Inc. shares T.CWI are trading up $0.04 at $1.84.