Intuit sells insurance business to InsWeb

Intuit Inc. (intu) said Monday it would sell its QuickenInsurance business to online insurance service companyInsWeb (Nasdaq: INSW) for $14 million in stock.

Intuit Inc. (intu) said Monday it would sell its QuickenInsurance business to online insurance service company InsWeb (Nasdaq: INSW) for $14 million in stock. Story. -- Tiffany Kary, ZDNet Inter@ctive Investor

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