Economical Insurance is a step closer to an initial public offering of stock. Waterloo, Ont.-based Economical announced Monday its mutual policyholders voted in favour of continuing to the next stage ...

Online voting, Smartphone as a box for Internet voting and e-ballot in the form of a hologram with a check mark. Electronic voting technology concept. 3D render, 3D illustration. A key step in ...

WATERLOO, ON, June 26, 2018 /CNW/ - Economical Insurance today announced that the company's demutualization conversion plan, a detailed document that outlines how Economical intends to convert from a ...

WATERLOO, ON, Jan. 31, 2019 /CNW/ - Economical Insurance has called the second special meeting on its demutualization. This follows authorization from the Office of the Superintendent of Financial ...

Source: A.M. Best Company, Inc. The management change comes one month after the Waterloo company scored a major victory in a dispute with dissident shareholders, who had sought to throw out the entire ...

(Reuters) - Economical Insurance's mutual policyholders voted on Monday to allow the Canadian property and casualty insurance firm to demutualize. Demutualization is a regulated process in which a ...

KITCHENER -The former chief executive officer of the Economical Mutual Insurance Co. was a long-time supporter of demutualization, but couldn’t convince the board of directors to take that step, a ...

Economical Mutual Insurance Co., the large Canadian property/casualty insurer looking to demutualize, has received inquiries from potential suitors both inside and outside of Canada, the company's ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has commented that the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Economical ...

— The new chief executive officer of the Economical Insurance Group says she has a strong base of support as the company moves forward with plans to demutualize. KITCHENER — The new chief executive ...

TORONTO, Feb 27 (Reuters) - Economical Insurance on Friday welcomed rules released by the government of Canada that pave a path for the Canadian property and casualty insurance firm to potentially ...