Multiple insider buying at Kingsway Financial (KFS)

Multiple insider buying at Kingsway Financial (T:KFS)

Gregory Paul Hannon, a Director, acquired 60,000 Common Shares on a control or direction basis for registered holder Oakmont Capital Inc. at a price of US$5.05 on December 12th, 2017. This represents a $389,991 investment into the company's shares and an account share holdings change of 3.2%.

In addition, Joseph David Stilwell, a Director, acquired 1,100 Common Shares on a control or direction basis for registered holder Stilwell Activist Fund LP and 8,900 Common Shares on a control or direction basis for registered holder Stilwell Activist Investments LP at prices ranging from US$5.00 to US$5.044 between December 13th, and 14th, 2017. This represents a $64,426 investment into the company's shares and an account share holdings change of 0.3%.

Finally, Gary Robert Schaevitz, a Director, acquired 7,900 Common Shares on a direct ownership basis at a price of US$4.96 on December 13th, 2017. This represents a $50,359 investment into the company's shares and an account share holdings change of 4.1%.

Kingsway Fin Serv Inc. is in the Property & Casualty Insurance Sub Industry Group under the Financials Sector.

Kingsway Financial Services Inc. is a holding company. The Company operates as a merchant bank primarily engaged, through its subsidiaries, in the property and casualty insurance business. The Company operates through Insurance Underwriting segment. Its Insurance Underwriting segment provides non-standard automobile insurance to individuals who do not meet the criteria for coverage by standard automobile insurers. The Insurance Underwriting segment markets automobile insurance products that provide coverage in three areas: liability, accident benefits and physical damage. The Insurance Underwriting's products and services are marketed through over 3,700 independent agencies. The Company's property and casualty insurance business operations are conducted through its subsidiaries, such as Mendota Insurance Company (Mendota), Mendakota Insurance Company (Mendakota), Mendakota Casualty Company (MCC), Kingsway Amigo Insurance Company (Amigo) and Kingsway Reinsurance Corporation.