Economical Insurance announces election of directors

CNW Group

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

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Contact:

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

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