Tag: "Economical Mutual Insurance"

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No vote on demutualization at Economical’s Annual General Meeting of Mutual Policyholders

Insurer awaiting regulations from Department of Finance before it can proceed with demutualization plan

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2011 in review: The second quarter

Fires ravaged Slave Lake, Alberta, Intact bought AXA Canada and other highlights from the second quarter of 2011

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Economical Mutual Insurance appoints Philip Mather as Senior Vice President and CFO

Mather has acted as Economical’s interim Chief Financial Officer for the past seven months

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Economical submits demutualization position to Department of Finance

“From our review, the introduction of demutualization regulations for P&C insurers would be unlikely to change the complexion of the industry to any noticeable extent,” says Economical’s submission

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Government launches public consultations on P&C demutualization process

Consultation on a Demutualization Framework for Federal Property & Casualty Insurance Companies highlights key issues addressed in the potential demutualization of Canadian P&C insurance companies

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Economical appoints Karen Gavan as President and CEO

Gavan, chair of the special committee in charge of company’s demutualization plan, succeeds Katherine Mabe

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Economical’s Insurance on Demand tool wins technology innovation award

Economical becomes the first Canadian company to win Technology Innovation Award from IASA

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Government continues towards demutualization framework

Finance Minister holds steady with plan to regulate the demutualization of Canadian P&C companies

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Insurers need to protect client information: FICOM

The collection, use and disclosure of client information only permissible in ways permitted under PIPA and other privacy legislation

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Facts and figures: Economical Mutual Insurance and demutualization

A look, by the numbers, at Economical Mutual Insurance and the demutualization process in Canada

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Timeline of Economical Mutual Insurance, demutualization and the battle with VC & Co.

A look at Economical Mutual Insurance’s demutualization process and the involvement of shareholder rights firm VC & Co.

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BC Privacy Commissioner orders Economical Mutual Insurance Company to stop using credit scoring

Company can resume collecting and using credit scores once it has provided notice and obtained consent from policyholders

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VC & Co. conference call addresses Board switch, mutual policy value

Economical Mutual Insurance’s Annual and Special Meeting on May 26 will see mutual policyholders vote to keep existing Board of Directors or replace it with a new Board made up of dissident group’s nominees

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Conference call for Economical’s mutual policyholders

VC & Co. is hosting an information conference call for Economical’s mutual policyholders at 7:00 p.m. (EDT) on May 11

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Secret ballot ok at Economical’s Annual Meeting

Only the meeting-scrutineer will be able to view the ballots to confirm the voting results of the meeting

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Court orders mutual policyholders must receive communications from VC & Co.

Ontario Superior Court of Justice says Economical Mutual Insurance must distribute additional written communications to all mutual policyholders on behalf of VC & Co.

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Ontario auto insurance rates average 1.78% increase in 2011 Q1

Twenty-one rate filings approved by FSCO, amounting to a 3.32% increase when weighted by market share

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VC & Co. seeking secret ballots at Economical meeting

VC & Co. Advisory Limited, the firm advising more than 100 of Economical Mutual Insurance Company’s mutual policyholders as they seek to replace the current Board of Directors, has launched an order with the Ontario Court of Appeal that would allow policyholders to vote anonymously at the insurer’s Annual and Special Meeting on May 26, [...]

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VC & Co. announces nominees to replace Economical’s Board of Directors

Policyholder Nominees include a former Chair of the Ontario Securities Commission, a former Commissioner of the RCMP and other executives with deep experience in the insurance industry, including the former Executive Vice President and Chief Investment Officer of The Canada Life Assurance Company at the time of its demutualization

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