NU Online News Service, July 1, 1:55 p.m. EDT

Toronto-based Kingsway Financial Services Inc. said it has named Larry G. Swets Jr. its new chief executive officer and president.

Formerly the company's executive vice-president of corporate development, he replaces Colin Simpson who resigned to pursue other career interests. Mr. Simpson remains on the company's board of directors.

Kingsway Financial focuses on non-standard automobile insurance in the United States.

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