It was mentioned on Domain Name Wire that the website and domain name Insurance.com was picked up by QuinStreet a few days ago. This comes a number of months after their recent acquisition of insure.com for $16m. The price of the insurance.com purchase as yet to be disclosed, but according to Yahoo Finance insurnace.com plans on letting go of all 144 employees. We are not sure if those employees will be rehired by QuinStreet.
According to Domain Name Wire the domain is speculated to be one of the most valuable in history, possibly more the sex.com.
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1 Comment
What a great sale at 35 million for a domain name. Basically this means that any state insurance name is worth 500k to 750k.
wow.. insurance names will make many people millionaires.
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