SAINT PAUL, Minn.--(BUSINESS WIRE)--
The Travelers Companies, Inc. (NYSE:TRV) announced today that it
has completed the sale of Mendota Insurance Company, its non-standard
auto insurance unit operating under the Mendota and Mendakota brands,
to a subsidiary of Kingsway Financial Services Inc.
(TSX:KFS)(NYSE:KFS). The impact of this transaction will not be
material to Travelers' ongoing operations. Kingsway has determined to
retain all of Mendota's employees in their current locations and the
current Mendota management will continue to lead the organization.
Travelers is a leading provider of property casualty insurance.
For more information, visit www.travelers.com.
Source: The Travelers Companies, Inc.
Contact: The Travelers Companies, Inc.
Media:
Jennifer Wislocki, 860-277-7458
or
Marlene Ibsen, 860-277-9039
or
Institutional Investors:
Michael Connelly, 860-277-1507
or
David Schlosberg, 917-778-6817
or
Individual Investors:
Marc Parr, 860-277-0779