03:59 PM EST - Kingsway Financial Services Inc. : said that it plans to dispose majority of its interest in Jevco Insurance Co. The company believes the transaction will benefit Kingsway's and Jevco's stakeholders by strengthening Jevco's market presence. One of the objectives of the transaction is for Jevco's financial strength rating to be judged independently of the Kingsway group of companies, which has adversely impacted Jevco's current standing. Kingsway Financial Services Inc.
shares T.KFS are trading down $0.21 at $1.59.
