DriverShield Corp. of Ronkonkoma, N.Y. and eAutoclaims.com Inc. announced the termination of merger discussions in which eAutoclaims would have become a wholly owned subsidiary of DriverShield.
Barry Siegel, Chief Executive Officer of DriverShield and Eric Seidel, Chief Executive Officer of eAutoclaims stated, “After conducting due diligence for the past several weeks, we have decided that it would be best for each company to pursue its own separate strategy.”
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
What Analysts Are Saying About the 2026 P/C Insurance Market 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
AIG Underwriting Income Up 48% in Q4 on North America Commercial 
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call 
