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UPDATED ON: Thursday, May 15, 1997

The Economical Insurance Group:

Mary N. Bales; John A. Rogers,

From The Globe and Mail

John A. Rogers

Peter H. Sims, Chairman of the Board of Economical Mutual Insurance Company, is pleased to announce the election of two new Directors following the retirement of Ralph A. Forbes and Gordon A. Mackay. Serving a three-year term are Mary N. Bales, M.A., M.Phil., and John A. Rogers, B.A., C.A.

Ms. Bales is in real estate with Coldwell Banker Peter Benninger Realty in Kitchener, Ontario. Mr. Rogers is President and Chief Executive Officer MDS Inc. in Etobicoke, Ontario.

The Economical Insurance Group is one of the largest property and casualty insurers in Canada with more than $645 million in premium volume and over $1.4 billion in assets. Based in Waterloo, Ontario, this Canadian-owned company serves customers' needs through branches and service offices across the country.


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