InsWeb Counter-Sues eHealthInsurance

March 27, 2001

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.

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