Latest GEICO Headlines
All the headlines from our GEICO Topic Page, ordered by recency.
Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI
May 5 2025 // He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the conglomerate’s personal auto insurer, GEICO, is no longer...
HCI Invested in Tampa Office Site, Now Leasing it to GEICO for 1,000-Job Expansion
Mar 31 2025 // Berkshire Hathaway’s GEICO insurance plans to open a new campus in Tampa late this summer, bringing more than 1,000 jobs to the area. The property and auto insurer also plans to open an office in the Dallas area by...
Texas Lawsuit Alleges GEICO Raises Premiums Despite Accident Forgiveness
Mar 24 2025 // A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident Christopher Cude...
Texas Lawsuit Alleges GEICO Raises Premiums Despite Accident Forgiveness Promise
Mar 4 2025 // A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident Christopher Cude...
Polished Gem GEICO Fuels Berkshire Hathaway Operating Gains
Feb 25 2025 // The work that GEICO’s chief executive has done to “repolish” Berkshire Hathaway’s “long-held gem” got a special shout-out in Warren Buffett’s Berkshire Hathaway 2024 annual report...
GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business
Dec 5 2024 // GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has...
New Hampshire High Court Invalidates Geico Underinsured Claim Provision
Dec 2 2024 // A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is unenforceable in New Hampshire because it restricts the right of insureds to obtain the same...
New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches
Nov 25 2024 // Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York officials say compromised personal information of an estimated 120,000 customers in total. New...
New Hampshire High Court Invalidates Geico Underinsured Claim Provision
Nov 14 2024 // A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is unenforceable in New Hampshire because it restricts the insureds’ right to obtain the...
Berkshire’s GEICO Turns in Strong Q3 but Overall Insurance UW Income Slips
Nov 4 2024 // Third quarter underwriting income with Berkshire Hathaway’s insurance units fell about $1.7 billion to $750 million due to estimated losses of about $565 million from Hurricane Helene and increases in losses from...
GEICO Can’t Sue or Void Invoices from Auto Glass Shops, Florida Supreme Court Says
Sep 26 2024 // In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair...
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...
Surgeons Can’t Slip Out of GEICO’s Latest RICO Fraud Lawsuit in NC, Judge Says
Jun 6 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 this week that two of those...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech
May 6 2024 // Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with underwriting profits for personal auto insurer GEICO and reinsurance...
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts
Feb 26 2024 // Even though Berkshire Hathaway’s latest annual report featured Warren Buffett’s forecast that the days of “eye-popping performance” for the giant conglomerate are over, readers focused on...
Court Says Bulk of GEICO’s $2.3 Million Fraud Case Belongs in Arbitration
Jan 5 2024 // Insurer GEICO has been dealt a setback in its efforts to get back $2.3 million in what it alleges were fraudulent medical and chiropractic service charges it paid to several clinics under New Jersey’s no-fault...
