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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1072627	Kingsway Financial Services Inc	KFS	Fire, Marine & Casualty Insurance (6331)	999999999

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1113303	Joseph Stilwell	111 Broadway, 12Th Floor New York NY 10006		Yes	No	Yes	No
1397076	Stilwell Value Llc	111 Sw Broadway, 12Th Floor New York NY 10006		Yes	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-10-12	3,116	$4.31	2,463,087	No	4	P	Direct
Common Stock	Acquisiton	2012-10-15	10,000	$4.07	2,473,087	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Footnotes

Total reflects four-for-one share consolidation effected by the Company on July 3, 2012.
Joseph Stilwell, Stilwell Value Partners III, L.P., Stilwell Value Partners IV, L.P., Stilwell Associates, L.P., and Stilwell Associates Insurance Fund of the S.A.L.I. Multi-Series Fund L.P. directly own 125,000; 750,000; 750,000; 774,352; and 73,736 shares of common stock. The aggregate shares are owned indirectly by all reporting owners through Joseph Stilwell's capacities as the managing member and 99% owner of Stilwell Value LLC, which is the general partner of Stilwell Value Partners III, Stilwell Value Partners IV, and Stilwell Associates, and the managing and sole member of Stilwell Advisers LLC, which provides investment advice to Stilwell SALI Fund.