Below is a summary of the steps that must be undertaken to complete a demutualization of Economical Mutual Insurance Company ("
Economical") under the
Insurance Companies Act and the Mutual Property and Casualty Insurance Company with Non-Mutual Policyholders Conversion Regulations (the "
Demutualization Regulations") developed by the federal government. This summary is provided for general information purposes only and does not constitute legal, business, or other general advice. Persons seeking advice with regard to legal, business, or other matters should contact a licensed professional. Please review the
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