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.
Munich Re and Swiss Re Both Top List of 2023’s Largest Reinsurers 
Sponsor of Florida Anti-Squatting Bill Indicted on Forgery Charges 
Main Street America Insurance Exits Personal Lines 
Lyft is a Motor Carrier and State Farm Can Be Sued Directly, Georgia Court Says 
