Latest GEICO Headlines
All the headlines from our GEICO Topic Page, ordered by recency.
Geico to Pay $5.2 Million to Missouri Woman Who Contracted STD
Jun 20 2022 // The Missouri Court of Appeals Western District has affirmed a $5.2 million judgment against Geico in a case involving a Jackson County woman who contracted anogenital human papillomavirus (HPV) during sexual encounters in...
Missouri Court: Geico Ordered to Pay $5.2 Million Award to Woman Who Contracted STD
Jun 10 2022 // The Missouri Court of Appeals Western District has affirmed a $5.2 million judgment against Geico in a case involving a Jackson County woman who contracted anogenital human papillomavirus (HPV) during sexual encounters in...
People Moves: Estée Lauder’s Burrell Joins GEICO; Olson Heads Zurich Programs; Hudnall Leads Donegal Commercial Lines
Apr 22 2022 // Estée Lauder’s Burrell Joins GEICO as Chief Marketing Officer Insurer GEICO announced Damon Burrell has joined the company as chief marketing officer. Burrell will oversee all of GEICO’s marketing...
5th Circuit Denies Class Certification in Louisiana GEICO Suit
Mar 1 2022 // The United States Court of Appeals for the Fifth Circuit affirmed a district court’s denial of class certification to a group of Louisiana GEICO customers who allege the insurer’s proprietary valuation system...
Berkshire’s GEICO Posts 2021 Profit Much Lower Than 2020
Feb 28 2022 // Although Berkshire Hathaway’s biggest insurance operation GEICO reported a 63 percent drop in pretax underwriting income in 2021, overall the conglomerate’s insurance and reinsurance operations saw pretax...
Appeals Court Finds GEICO Did Not Act in Bad Faith in Fatal Florida Crash Claim
Feb 18 2022 // In a case that went all the way to the federal appeals court level, a panel of judges has found that GEICO General Insurance adequately investigated a Florida claim after an insured motorist killed a cyclist, and did not...
Geico $4.5M Insurance Fraud Suit Seeks Documents From New York City Mayoral Aide
Feb 4 2022 // New York City Mayor Eric Adams’s chief of staff, Frank Carone, was subpoenaed for documents in a $4.5 million federal civil racketeering lawsuit over alleged fraudulent insurance charges. The subpoena to Carone, who...
Missouri Woman Sues GEICO After Contracting STD During Car Sex
Nov 1 2021 // A Missouri woman is suing GEICO after contracting a sexually transmitted disease in a car insured by the company. The woman, identified in District Court documents as M.O., had a sexual relationship with the insured, M.B.,...
Missouri Woman Sues GEICO After Contracting STD During Sex in Car Insured by Company
Oct 11 2021 // A Missouri woman is suing GEICO after contracting a sexually transmitted disease in a car insured by the company. The woman, identified in District Court documents as M.O., had a sexual relationship with the insured, M.B.,...
GEICO Put a Dent in Berkshire Hathaway Results for Q2
Aug 9 2021 // Berkshire Hathaway’s insurance division produced a mixed performance during the 2021 second quarter. Rate increases generally carried the day, though the conglomerate’s GEICO unit dragged down...
GEICO Looks to Add 500 Employees in Georgia
May 5 2021 // Middle Georgia’s largest private employer says it’s trying to hire another 500 workers. GEICO, the Maryland-based insurance company owned by financial conglomerate Berkshire Hathaway, says it’s trying to...
GEICO Must Pay $2.7M After Failing to Accept $30K Offer: Georgia Supreme Court
Apr 27 2021 // GEICO Indemnity Co.’s refusal to settle a bodily injury claim for $30,000 will cost it more than $2.7 million, under a ruling last week by the Georgia Supreme Court. The high court’s 7-0 decision answered three...
Geico Customer Data Breach May be Part of Unemployment Insurance Scam
Apr 22 2021 // Auto insurer Geico recently reported that fraudsters have been stealing license numbers of its customers for the past few months and possibly using them to fraudulently apply for unemployment benefits. In a data breach...
Judge Permits Suit Alleging Geico Overcharged Drivers During Pandemic
Mar 7 2021 // The auto insurer Geico Corp., a unit of Warren Buffett’s Berkshire Hathaway Inc., must face a proposed class action claiming it overcharged policyholders as the coronavirus pandemic led to less driving and fewer...
GEICO Drives Up Berkshire 2020 Underwriting Profit
Mar 1 2021 // With GEICO’s 2020 underwriting profit more than doubling above the level recorded in 2019, Berkshire Hathaway’s full-year property/casualty underwriting income was in the black, even though the...
GEICO Loses Appeal that Sought Coverage From Another Insurer for Lamborghini Crash
Jan 28 2021 // In a dispute between two insurers, a federal appellate court ruled that GEICO is solely liable for the cost of replacing a Lamborghini worth more than $100,000 that was totaled in a collision with another vehicle. A panel...
GEICO’s Massaro Joins BTIS Underwriting Team
Dec 16 2020 // Philip Massaro has joined small business intermediary BTIS as vice president of Underwriting. Massaro has 25 years of commercial insurance underwriting and product management experience. Most recently, he was with GEICO as...
Washington Man Faces Theft, Fraud Charges After Filing $65K in Claims
Nov 18 2020 // Jaskaran Singh Gill, of Tukwila, Wash., was charged in King County Superior Court in Washington with two counts of first-degree theft, one count of second-degree theft and four counts of filing a false insurance claim...
GEICO Taps Shafner as General Counsel, O’Keefe as Info Chief; Larguet to Operations
Sep 4 2020 // Auto insurer GEICO recently named a new officer and promoted two others. Jonathan Shafner was promoted to vice president and general counsel, and John O’Keefe was promoted to vice president and chief information...
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms
Aug 10 2020 // Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft...
