NU Online News Service, Aug. 16, 3:30 p.m. EDT
Troubled Toronto-based non-standard automobile insurance company Kingsway Financial Services Inc. said its decision to discontinue certain lines continues to hurt profit.
Kingsway reported a second-quarter net loss of $18.5 million compared with a net loss of $38.4 million a year ago during the same period.
For the quarter, the insurer posted a 134.6 combined ratio.
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