Virgin's Branson Mulling U.S. P-C Operation
NU Online News Service, May 14, 12:24 a.m. EDT?Business tycoon Richard Branson's Virgin Group launched a budget-minded property-casualty insurance operation for the U.K this week and is considering doing the same for the United States, a spokesman said.[@@]
The company is promising that its products can save U.K. policyholders nearly half of their current premium costs.
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