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Progressive Automotive X PRIZE Press Event - Part 1 of 3

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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 $10 million prize purse by Progressive Insurance.

Channel: Autos & Vehicles
Uploaded: November 30, 1999 at 12:00 am
Author: xprize

Length: 08:45
Rating: 4.78
Views: 6135

Tags: auto  automotive  cars  insurance  progressive  xprize  

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Video Comments

h2opower (November 30, 1999 at 12:00 am)
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.
MeandProgressive (November 30, 1999 at 12:00 am)
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 (November 30, 1999 at 12:00 am)
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 (November 30, 1999 at 12:00 am)
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".
lauinger (November 30, 1999 at 12:00 am)
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.
mnaes (November 30, 1999 at 12:00 am)
bring it on!
KLMALLENDER (November 30, 1999 at 12:00 am)
This is good news, I'll be cheering for me
KLMALLENDER (November 30, 1999 at 12:00 am)
It's about time, I'll be rooting for me.
DMarc85 (November 30, 1999 at 12:00 am)
Diamandis is the man. A real American. It's too bad more businessmen and wealthy people don't think and act like this dude.
CATvolution (November 30, 1999 at 12:00 am)
Great stuff. I'm cheering for the MDI OneCAT.

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