InsWeb Corp. has responded to recent allegations and legal action taken by eHealthInsurance Services Inc. with a counter suit.
In a filing with the U.S. District Court, Northern District of California, San Jose Division, on March 22, 2001, InsWeb denied earlier allegations that it breached an online-distribution Agreement with eHealthInsurance, and counter sued for damages caused byeHealthInsurance’s early and improper termination of their agreement.
In a news release issued Feb. 21, 2001, InsWeb announced that it temporarily suspended online health-insurance quoting. InsWeb said the suspension was due to the decision by eHealthInsurance, formerly the Company’s exclusive provider of online health-insurance quotes, to unilaterally terminate their relationship.
Topics Lawsuits
Was this article valuable?
Here are more articles you may enjoy.
MMA Alleges Broker Patriot Poached 11 Surety Team Members 
Hedge Funds Are Expanding Desks Designed to Profit From Natural-Catastrophe Risk 
Impeachment Sought on Federal Judge Over Sex in Chambers, Lying to Investigators 
D&O Market Expected to Tighten Under Pressure, Says AM Best 
