"We achieved our fifth consecutive quarter of revenue growth as we experienced strong consumer in... InsWeb Reports Third Quart

As was previously announced and as discussed more fully below, included in the June 30, 2005 quarterly term life insurance revenues was a one-time adjustment of $286,000 arising from completing the revenue recognition transition to a commission-based revenue model.

As anticipated, the auto marketplace is in a period of transition with the launch of InsWeb's proprietary agent network program ("AgentInsider"). A significant share of InsWeb's revenues are derived from the agent network program, and the success of AgentInsider will be dependent on the rate of registration and the degree of participation by local personal lines insurance agents throughout the country.

In September, in an effort to manage this transition and to offer the most comprehensive agent network program available to its online insurance consumers, InsWeb reached a new agreement with the intermediary who has been providing leads to local agents on InsWeb's behalf. This agreement supplements InsWeb's AgentInsider offering as this intermediary will continue to provide InsWeb consumer leads to local insurance agents in certain circumstances. During the third quarter of 2005, revenues from this intermediary represented 31% of auto insurance revenues, compared to 33% in the second quarter of 2005, and 7% in the third quarter of 2004.

This is cache, read story here