Priceline.com and insurer W.R. Berkley Corp. have dropped their combined plan to create a new company to sell auto insurance online, naming current market conditions as the reason. The new company was in early development stages, but had hired no staff and had written no business. The companies said capital invested in the venture will be returned to investors.
Topics Auto
Was this article valuable?
Here are more articles you may enjoy.
Kansas Man Sentenced for Insurance Fraud, Forgery 
Trump’s EPA Rollbacks Will Reverberate for ‘Decades’ 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
Judge Awards Applied Systems Preliminary Injunction Against Comulate 
