UPDATE: Please read the newest update about the Economical Demutualization Process
Demutualization is when a mutual company converts to a share company. This means that the company will become a publicly traded company with shareholders. Holdings in the company can than be traded like any other shareholder company, with stocks listed in the public stock exchange. The process also allows the association to conduct commercial business to make a profit just like a normal corporate entity, potentially making a company more competitive with other public companies. As part of demutualization, eligible policyholders may receive financial benefits such as cash or shares in the company. As of early 2016, the only company property and casualty insurance company to demutualize is Economical, but it is possible more will follow suit.