Kingsway Financial Services Inc. is a holding company, which is engaged in the property and casualty insurance business. The Company owns or operates subsidiaries in the extended warranty, asset management and real estate industries. It operates through two segments: Extended Warranty and Leased Real Estate. Its Extended Warranty segment includes the operations of its subsidiaries, such as IWS Acquisition Corporation's (IWS), Trinity Warranty Solutions LLC's and Professional Warranty Service Corporation. Leased Real Estate includes the Company's subsidiary, CMC Industries, Inc. (CMC). IWS is a licensed motor vehicle service agreement company and is a provider of after-market vehicle protection services distributed by credit unions in 23 states and the District of Columbia to their members. CMC owns a parcel of real property consisting of approximately 192 acres located in the State of Texas (the Real Property) that is leased to a third party.