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Economical Mutual Insurance Company

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Economical Insurance simplifies its business with changes to legal entities

June 6, 2017 by Canadian Underwriter

Economical Insurance announced on Tuesday that it is “migrating to a simpler legal entity structure while continuing to offer a wide range of products and excellent service to broker partners and customers” as it continues its journey to become a

News AppointmentsInsuranceMarkets / CoveragesMergers and Aqcuisitions

Desjardins’ acquisition of Western Financial caused ‘headaches’ for brokers: Baker

April 19, 2017 by Canadian Underwriter

If Trimont Financial Ltd. acquires Western Financial Group, Desjardins Group officials will have “more time to focus on further integrating State Farm,” MSA Research Inc. suggested in a recent report released Tuesday. “Slowly but surely, the complexion of the industry

News InsuranceMarkets / Coverages

Economical Insurance completes acquisition of Canada’s largest pet insurer

January 3, 2017 by Canadian Underwriter

Economical Mutual Insurance Company announced on Tuesday that is has completed its previously announced acquisition of Western Financial Insurance Company (WFIC) and its flagship brand Petsecure from Desjardins Group. Concurrent with the acquisition, WFIC changed its legal name to Petline

News InsuranceMarkets / Coverages

Petsecure launches new pet health insurance product with Toronto Humane Society

October 17, 2016 by Canadian Underwriter

Pet health insurance insurance company Petsecure announced on Monday that it is partnering with the Toronto Humane Society to offer a new pet health insurance product for consumers in the Greater Toronto Area. “Supporters of the Toronto Humane Society” are

News InsuranceMergers and Aqcuisitions

Economical Insurance to acquire largest pet insurer in Canada

May 18, 2016 by Canadian Underwriter

Economical Mutual Insurance Company has announced that it will acquire Petsecure, the largest pet insurer in Canada. Economical announced on Wednesday its intention to acquire Desjardins Group’s pet insurance business, Western Financial Insurance Company (WFIC) and its flagship brand Petsecure.