Latest GEICO Headlines
All the headlines from our GEICO Topic Page, ordered by recency.
GEICO Names New Southeast Claims VP
Aug 10 2010 // GEICO recently named Carl Tims, CPCU, of Lakeland, Fla., assistant vice president in charge of claims for the Southeast regional operations office in Macon, Ga. Tims began his career with GEICO in 1992 as a service...
Geico Files $1.8M Lawsuit over Alleged No-Fault Fraud in New York
Jun 14 2010 // Insurer Geico has filed a $1.8 million lawsuit alleging a Queens radiology center orchestrated a no-fault auto insurance fraud scheme that involved thousands of suspect claims for service. Geico did not identify the 10...
Buffett’s Berkshire Q4 Profit Highest Since 2007; Geico Premiums Up 6%
May 10 2010 // Warren Buffett’s Berkshire Hathaway Inc. Friday reported its largest quarterly profit since 2007, helped by an improving economy, investment and derivative gains, and the takeover of Burlington Northern Santa Fe...
Connecticut Fines GEICO $178K
Apr 9 2010 // The Connecticut Insurance Department has fined four GEICO subsidiaries a total of $177,500 for improper rating, claim delays and the use of unlicensed adjusters among other violations. The total fine is a result of smaller...
Zinno Named Vice President and Head of GEICO Insurance Agency
Nov 18 2009 // Insurer GEICO recently named John Zinno a vice president of the company and president of GEICO Insurance Agency, which has offices Virginia and New York. A company subsidiary, GEICO Insurance Agency is a personal lines...
GEICO Opens West Virginia Office
Oct 23 2009 // GEICO hosted the grand opening of its new local office in Morgantown, West Virginia this week. Jim Robinson, local GEICO field representative, heads the Morgantown office. The open house featured GEICO’s official...
Two Californians Nabbed for Auto Insurance Fraud
Sep 14 2009 // Two residents of San Jose, Calif., have been arrested on automobile insurance fraud charges, after one of them attempted to buy insurance immediately after an accident. “Insurance fraud perpetrators drive up the cost...
GEICO Begins Recruitment for New York Operation
Aug 20 2009 // GEICO has begun taking job applications for its new, Amherst, N.Y. based subsidiary, GEICO Insurance Agency, which will sell and service homeowners, renters, boat and other coverage. Gov. David Paterson joined company...
Direct Writers Continue Battle for Massachusetts Auto Market
Jun 1 2009 // Allstate Announces Plan to Begin Writing After Generation-Long Hiatus Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first...
Direct Writers Reconsidering Massachusetts
Apr 6 2009 // As Managed Competition Marks Anniversary, Agency-Distributed Auto Insurance Faces New Rival It’s finally happened: Geico is entering the auto insurance market in Massachusetts. Insurance Commissioner Nonnie Burnes...
Esurance Exploring Massachusetts Personal Auto Market
Mar 24 2009 // Esurance, a San Francisco-based personal auto insurance direct writer, has taken preliminary steps to obtain a license to sell auto insurance in Massachusetts — although the company says it has no immediate plans to...
Geico to Sell Auto Insurance in Massachusetts
Mar 23 2009 // Geico is entering the auto insurance market in Massachusetts. State Insurance Commissioner Nonnie Burnes confirmed in a statement Friday that the nation’s third-largest auto insurer has filed to begin selling...
GEICO Lowers Georgia Auto Rates
Jan 23 2009 // GEICO reports that it is reducing auto insurance rates in Georgia by 2.3 percent on average. The rating plan is already in effect for new policies and will be effective Feb. 8 for renewal policies. GEICO is currently the...
Strategic Planning for an Increasing Direct Writer Marketplace
Nov 16 2008 // The traditional role of an insurance agent in the sale of insurance products to potential policyholders has changed dramatically over the years. Historically, the agent was the customer’s first and only point of...
‘Good Students’ in Virginia Get 15% Auto Insurance Break from GEICO
Oct 29 2008 // In Virginia, drivers who are full time students between the ages of 16 and 24 could be eligible for a 10-15 percent discount from GEICO. The insurer said its discount applies if the teens meet any of these requirements: B...
Gas Prices Drive N.Y. Rate Decreases
Sep 1 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’ driving...
Utah’s Jack Byrne Legendary in Insurance Circles
Aug 7 2008 // Jack Byrne’s magic business touch has been all about the basics paired with high drama. Once hailed as the Babe Ruth of insurance, he was the man who long ago saved Geico, the automobile insurer that later became a...
High Gas Prices Lead GEICO to Drop New York Auto Rate Hike
Aug 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’ driving...
Maine Widower May Never Collect $500K Insurance Settlement
May 7 2008 // An 85-year-old Buxton, Maine man’s lawsuit against the motorist he blamed for his wife’s death has ended in a settlement totaling more than $500,000, but whether the widower ever collects the money remains to...
N.J. Approves Jobs, Education as Driver Rating Criteria
May 5 2008 // New Jersey insurers using education and employment to rate drivers for risk are justified in doing so and the practice does not amount to racism or classism, according to a new, 581-page report released by Garden State...
