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X PRIZE Foundation’s Chairman & CEO, Peter Diamandis and Glenn Renwick, CEO of Progressive Insurance jointly announce the Title Sponsorship of the Progressive Automotive X PRIZE at the New York International Auto Show on March 20, 2008. The title sponsorship includes the funding of the million prize purse by Progressive Insurance.

11 Responses to “Progressive Automotive X PRIZE Press Event – Part 1 of 3”

  1. The start of the New World Order

    scoobydog411

  2. Trust me if they don’t allow my team to enter the race then we will see the real face of the purpose of the event.

    h2opower

  3. When did human carnage for the benefit of and profit motives of Progressive County Mutual Insurance Company become an acceptable concept in which everyone looks the other way knowing what is happening.

    MeandProgressive

  4. PART 2. It is nothing more than taxpayer subsidized profits for Corporations such as Progressive. Obviously, Progressive’s millions of dollars in excess capital which Progressive President & CEO Glenn Renwick has bragged about to his shareholders has a cost to society. Bankruptcy, home foreclosures, suicides, mangled bodies and lives these are all tragedies which taxpayers are forced to fund when Progressive scams its policyholders

    MeandProgressive

  5. Progressive’s Car Insurance Policy appears to be nothing more than a pyramid scheme in which those Corporate Executives at the top get richer and richer while injured policyholders are left without medical care as I have delineated in my video “Progressive Insurance Has Treated Me as Road kill”.

    MeandProgressive

  6. Progressive Insurance SUCKS!!! I’ve had them about 25 years, and yet when a woman hits me where I am stopped (she was talking on the phone and looking off to the side even – I watched her approach and slam into me), they paid her and upped my rates because it was more profitable. They didn’t even tell me they did it – I got to find out a year after I’d been paying them. Note well the cop on scene said the driver would have been charged if not on a private lot, so she couldn’t charge anyone.

    lauinger

  7. bring it on!

    mnaes

  8. This is good news, I’ll be cheering for me

    KLMALLENDER

  9. It’s about time, I’ll be rooting for me.

    KLMALLENDER

  10. Diamandis is the man. A real American. It’s too bad more businessmen and wealthy people don’t think and act like this dude.

    DMarc85

  11. Great stuff. I’m cheering for the MDI OneCAT.

    CATvolution

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