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Kingsway Financial
Services Inc.
KFS today announced a settlement and
release ending all legal disputes between the Company and the Pennsylvania
Insurance Department. As previously disclosed, the
Department sued the Company and twenty different charities on November 20,
2009, after Kingsway disposed of its interest in Walshire Assurance Company and Lincoln General Insurance Company in
October 2009 by donating its Walshire shares to the charities.
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