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High Gas Prices Lead GEICO to Drop New York Auto Rate Hike

East News • August 7, 2008
One of New York state's largest auto insurers, GEICO, agreed to drop two requests for rate hikes after a plea by the state's top regulator to consider the effect of high gas prices on customers' ...

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Subject: RATE HIKES

Posted On: August 7, 2008, 1:44 pm CDT
Posted By: mark
Comment:
GOD EVERYONE IN THE INSURANCE INDUSTRY INCLUDING THE DEPARTMENT OF INSURANCE KNEW THAT GEICO WOULD RAISE THERE RATES ONCE THEY USED THE BAIT AND SWITHC TACTIC TO OFFER LOWER THERE RATES GET THE 75% MARKET SHARE GETS THE OTHER COMPANYS TO LOOSE BUSINESS THEN RAISE THERE RATES, WELL IN MY MIND THAT IS FRAUD, AND IF THE INSURANCE DEPARTMENT DOES NOT HOLD A HEARING OPEN TO THE PUBLIC AND OTHER INSURANCE CARRIERS THEN FROM THE TOP DOWN EVERYONE AT THE INSURANCE DEPARTMENT SHOULD BE FORCED TO RESIGN THAT INCLUDES THE SEASONED EMPLOYEES BECAUSE IF ANYONE WOULD OF KNOW ABOUT THIS THEY SURE WOULD OF, WELL THATS MY OPINION AND IF ANYONE IN THIS INDUSTRY AS A LOT OF CLOUT THEN GET THE STATE TO HOLD HEARINGS. AND FINE GEICO AND EVERYONE IN ON THE FARCE, OH BY THE WAY THERE DONG THE SAME IN NEW JERSEY..
Subject Posted By Posted On
THEIR, THEY'RE, NOW TRU
Aug 8, 2008, 1:31 pm
RE: RE: RE: RATE HIKES Dustin
Aug 8, 2008, 6:50 am
RE: RE: RATE HIKES Truth
Aug 7, 2008, 5:12 pm
RE: RATE HIKES Anon
Aug 7, 2008, 2:30 pm
RATE HIKES mark
Aug 7, 2008, 1:44 pm
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