Kingsway News

Kingsway Startup to Sell Homeowners Insurance in Louisiana

Kingsway Financial Services Inc. announced it has completed the formation Maison Insurance Co. (Maison), a property/casualty insurance company primarily writing wind and hail homeowners coverage in Louisiana. Maison received its certificate of authority from the Louisiana Department of Insurance on …

Best Downgrades Kingsway and Affiliates Ratings; Assigns Negative Outlook

A.M. Best Co. has downgraded the issuer credit ratings (ICR) to “c” from “ccc” and senior debt ratings to “c” from “ccc” of Kingsway Financial Services Inc (KFSI) and Kingsway America Inc. (KAI). Best has also downgraded the financial strength …

Best Downgrades Universal Casualty; Other Kingsway Subs under Review

A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘D’ (Poor) from ‘B-‘ (Fair) and issuer credit rating (ICR) to “c” from “bb-” of Universal Casualty Company (UCC). The outlook for both ratings is negative. Best has also …