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KINGSWAY ANNOUNCES CHANGE OF AUDITOR

^{Published on 2010-09-23 19:41:13 - Market Wire}
 

TORONTO, Sept. 23 /CNW/ - Kingsway Financial Services Inc. (NYSE, TSX: KFS) (the "Company") announced today that, at the request of the Company, KPMG LLP ("KPMG") has resigned as auditor of the Company and BDO USA, LLP ("BDO") has been appointed as the Company's successor auditor.

Both the resignation of KPMG and the appointment of BDO were considered and approved by the Board of Directors of the Company.

There have been no reservations in the reports of KPMG on the financial statements of the Company for the two most recently completed fiscal years and there have been no reportable events (as such term is defined in National Instrument 51-102 - Continuous Disclosure Obligations) between the Company and KPMG.

About Kingsway Financial Services Inc.

Kingsway Financial Services Inc. focuses on non-standard automobile insurance in the United States of America. The Company's primary businesses are the insuring of automobile risks for drivers who do not meet the criteria for coverage by standard automobile insurers. The common shares of the Company are listed on the Toronto Stock Exchange and the New York Stock Exchange, under the trading symbol "KFS".