Economical and its employees donate nearly $48,000 to the Canadian Red Cross in support of Fort McMurray fires relief

Company matched employee donations for Red Cross

CALGARY, May 18, 2016 /CNW/ - Economical Insurance employees from Halifax to Vancouver opened their wallets to help Albertans recover from this spring's devastating wildfire in Fort McMurray and the surrounding area. Economical donated $5,000 and matched employee donations up to $500 per employee for a total contribution of $47,973 to the Canadian Red Cross.

"When Economical's catastrophe response team deployed to Northern Alberta on May 6, they were moved by the devastation they witnessed and stories of people who have potentially lost everything," said Chris Weber, Regional Vice-President of Sales & Distribution for Economical in Alberta and the Prairies. "Our colleagues all across Canada have responded generously, and with company matching, our total contribution will support the efforts on the grounds that are helping people cope with the disaster."

About Economical Insurance
Founded in 1871, Economical is one of Canada's leading property and casualty insurers, with $2.0 billion in premiums during 2015 and $5.3 billion in assets as at December 31, 2015. Based in Waterloo, this Canadian-owned and operated company services the insurance needs of more than one million customers across the country. Economical conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Sonnet, Economical Financial, and Family Insurance Solutions.

SOURCE Economical Insurance

Image with caption: "Economical Insurance (CNW Group/Economical Insurance)". Image available at: http://photos.newswire.ca/images/download/20160518_C4879_PHOTO_EN_693913.jpg

Doug Maybee, Economical Insurance, (T) 519-570-8249, (C) 519-404-0989, [email protected]