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Meredith, five, with her winning picture and prize in the age six and under category.
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After nearly a decade of planning, Economical Mutual Insurance Co. is on track to announce a $1.9-billion initial public offering in late 2021.
Economical announced this week that it will hold a meeting of its 630,000 eligible policyholders in the second quarter of 2021 to vote on the final phase of a proposal to go public in a process known as demutualization.
A mutual insurance company is owned by its participating policyholders, whose stake is typically converted into share ownership when the company demutualizes.