Economical Insurance announces election of directors
24 Jun, 2013, 17:11 ET
WATERLOO, ON, June 24, 2013 /CNW/ - Economical Mutual Insurance Company today announced that Mr. Richard M. Freeborough, Mr. Charles M.W. Ormston and Mr. Michael P. Stramalgia were re-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 2016.
Their nominations were listed in the 2013 management proxy circular, dated May 10, 2013, 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 more than C$1.8 billion in premiums and more than C$4.7 billion in assets. Based in Waterloo, this Canadian-owned and operated group services the insurance needs of more than one million customers through 17 branches and service offices across the country. In 2010, Economical announced its decision to become the first federally-regulated mutual property and casualty insurance company to demutualize. 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
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