Economical Insurance announces election of directors

WATERLOO, ON, June 24, 2014 /CNW/ - Economical Mutual Insurance Company today announced that John Bowey, Elizabeth DelBianco, Barbara Fraser and Karen Gavan were elected to the board of directors of Economical Mutual Insurance Company for a three-year term of office ending at the close of the annual general meeting in 2017.

Their nominations were listed in the 2014 management proxy circular, dated May 8, 2014, relating to the company's annual general meeting held today in Kitchener, Ontario.

About Economical Insurance
Founded in 1871, Economical Insurance is one of Canada's leading property and casualty insurers, with $1.9 billion in annual premium volume and $5.0 billion in assets as at March 31, 2014. Based in Waterloo, this Canadian-owned and operated group services the insurance needs of more than one million customers across the country. In 2010, Economical announced its decision to become the first federally-regulated mutual property and casualty insurance company to pursue demutualization. Economical Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, Federation Insurance and Economical Financial.

SOURCE: Economical Insurance

For further information:

Doug Maybee
Economical Insurance
(T) 519.570.8249
(C) 519.404.0989
doug.maybee@economical.com


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