Ride the Ducks suspends operations in Philadelphia

Markets Associated Press

FILE - In this April 21, 2011 file photo, a Ride The Ducks tour splashes into the Delaware River, in Philadelphia. A company that uses amphibious sightseeing vehicles to show tourists the sights on land and water says it’s suspending operations in ... Philadelphia “indefinitely.” Ride the Ducks announced on its website Wednesday, Oct. 5, 2016, that it has suspended operations due to financial reasons, including a 330 percent hike in insurance premiums. (AP Photo/Matt Rourke, File) (The Associated Press)

A company that uses amphibious sightseeing vehicles to show tourists the sights on land and water says it's suspending operations in Philadelphia "indefinitely."

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Ride the Ducks announced on its website Wednesday that it has suspended operations due to financial reasons, including a 330 percent hike in insurance premiums.

The company's statement did not address accidents involving duck boats that have occurred in the city.

In May 2015, a Texas woman was struck and killed by a duck boat on a downtown Philadelphia street.

In July 2010, a tugboat-guided barge struck a duck boat on the Delaware River, killing two tourists. The tug pilot was sentenced to a year in prison. The duck boats didn't operate for eight months afterward.

Company officials did not immediately return a phone call seeking comment.