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Georgia Investment Manager Charged with Siphoning $6M from GEICO
Aug 14 2024 // A Georgia grand jury has indicted an investment manager, charging that he diverted almost $6 million from GEICO Insurance for his own use. Dwayne Peterson Davis, 54, of Atlanta, was a business partner with GEICO in a...
GEICO to Pay $6 Million to Settle Auto Adjusters’ Claims of Unpaid Overtime Hours
Jul 8 2024 // Insurer GEICO has agreed to pay $6 million to settle claims by auto damage claims adjusters who allege the insurer failed to pay them for all hours they worked “off-the-clock.” The settlement affects 806...
Patronis Names GEICO Claims Director to FIGA Board
Jul 2 2024 // The Florida Insurance Guaranty Association now has an auto insurance representative on its board. Florida Chief Financial Officer Jimmy Patronis announced last week that he has appointed D. Ryan West, the senior director...
Surgeons Can’t Slip Out of GEICO’s Latest RICO Fraud Lawsuit in NC, Judge Says
Jul 1 2024 // GEICO Insurance companies have continued their campaign against alleged auto insurance fraud actors, including some well-known physicians and medical clinics. And a federal judge ruled in June that two of those...
GEICO Tops Progressive With Higher J.D. Power Scores
Jun 26 2024 // Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to improve technology and connect rate to risk, Berkshire’s personal auto...
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