WATERLOO, ON, May 3, 2016 /CNW/ - Economical Mutual Insurance Company today announced that Richard M. Freeborough, Micheál J. Kelly and Michael P. Stramaglia 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 meeting in 2019.
Their nominations were listed in the 2016 management proxy circular, dated April 1, 2016, relating to the company's annual meeting held today in Kitchener, Ontario. The vote was conducted by a show of hands. The following table sets out the votes represented at the annual meeting by proxy that would have been voted for or withheld from each nominee had a ballot been called (including the percentage of the aggregate number of votes represented by proxy reflecting those for or withheld proxy votes):
| Nominee |
Votes For |
% For |
Votes Withheld |
% Withheld |
| Richard M. Freeborough |
353 |
98.88 |
4 |
1.12 |
| Micheál J. Kelly |
354 |
99.16 |
3 |
0.84 |
| Michael P. Stramaglia |
353 |
98.88 |
4 |
1.12 |
About Economical Insurance
Founded in 1871, Economical Insurance 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 Insurance conducts business under the following brands: Economical Insurance, Economical, Western General, Economical Select, Perth Insurance, Family Insurance Solutions, and Economical Financial.
SOURCE Economical Insurance
Doug Maybee, Economical Insurance, (T) 519.570.8249, (C) 519.404.0989, [email protected]
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