Latest GEICO Headlines
All the headlines from our GEICO Topic Page, ordered by recency.
Personal Auto Rate Hikes Not Keeping Up with Losses: Fitch
Mar 30 2017 // U.S. personal auto underwriters increased premium rates “significantly” in 2016. But here’s the thing: it wasn’t enough. Loss trends are still outpacing rate changes. Also, the U.S. P/C industry...
Berkshire Hathaway’s Insurance Keeps Growing and Hiring Despite Auto, Reinsurance Blips
Feb 27 2017 // Even though Berkshire Hathaway’s GEICO chalked up an underwriting loss in the fourth-quarter 2016, with full-year profit coming in basically even with 2015, the company is poised to take advantage of competitor...
GEICO Expands Ridesharing Product to 10 Additional States
Oct 10 2016 // GEICO has just introduced its ridesharing product to 10 more states – Alabama, Idaho, Kansas, Delaware, Maine, Tennessee, Wisconsin, Minnesota, Missouri and North Dakota – in addition to the product being offered in 24...
Supreme Court Denies GEICO Appeal on Claims Investigators’ Overtime Pay
Oct 3 2016 // The U.S. Supreme Court on Monday declined to hear GEICO General Insurance Co.’s appeal of a ruling that the No. 2 auto insurer in the United States must pay overtime wages to its claims investigators after the...
NAIC Dignitaries Remember Former California Commissioner Kinder
Sep 19 2016 // Wesley J. KinderOn a recent morning at the National Association of Insurance Commissioners meeting in San Diego, Calif., a group of people with impressive credentials gathered to pay tribute a man they held in high...
NAIC Dignitaries Remember Former California Commissioner Kinder
Sep 2 2016 // On a recent morning at the National Association of Insurance Commissioners meeting in San Diego, Calif., a group of people with impressive credentials gathered to pay tribute a man they held in high regard. Wesley J....
People – East
Aug 22 2016 // The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance firms, has announced the September resignation of Andrew S. Robinson, executive vice president and...
GEICO Set to Expand Western New York Operations, Add 600 Jobs
Aug 11 2016 // GEICO is planning to expand its regional operations office in Western N.Y. in a move that it expects will bring more than 600 new jobs to the region, the company announced. The firm is set to open an additional facility in...
Improved Insurance Results Boost Berkshire Hathaway Q2
Aug 8 2016 // Berkshire Hathaway Inc. on Friday said its second-quarter profit rose 25 percent, helped by improvement in insurance underwriting, investment gains and the purchase of Precision Castparts Corp., Warren Buffett’s...
Pham Named GEICO VP for Virginia, North Carolina
Jul 1 2016 // GEICO has named John Pham vice president of its regional operations in Virginia Beach. Pham will oversee all business functions for Virginia and North Carolina insureds, as well as GEICO’s military, motorcycle and...
GEICO Files RICO Lawsuit in Florida Over Alleged Fraudulent Claims
Jul 1 2016 // GEICO has sued five Florida companies and six known individuals engaged in what it said was a complex scheme to submit hundreds of suspected fraudulent glass repair bills for payment. In the case, Government Employees...
Geico to Hire More Than 100 New Associates in New York
May 23 2016 // Geico announced it plans to hire more than 100 new associates in its Buffalo, New York, location for additional positions in claims, sales and service. Geico, the largest auto insurer in New York, said its policyholder...
Geico to Hire More Than 100 New Associates in New York
May 3 2016 // Geico said it plans to hire more than 100 new associates in its Buffalo, New York, office for additional positions in claims, sales and service. Geico, the largest auto insurer in New York State, said its policyholder base...
Timeline: From Teen to Octogenarian, How Buffett’s Wealth Has Grown
May 2 2016 // In 2016, it’s easier than ever to play the financial markets. From the explosion of online brokers to the rise of robo-advisors, armchair investors have dozens of tools just a few clicks or taps away. Daily trading...
GEICO Dallas Begins Moving to Richardson
Mar 9 2016 // GEICO’s Dallas regional office is moving to a new location at 2280 North Greenville Avenue in Richardson, Texas. The new Dallas office will house more than 2,000 GEICO associates over time and provides more...
GEICO Expands Ridesharing Coverage to South Carolina Drivers
Feb 23 2016 // GEICO is now offering a new ridesharing insurance product to drivers in South Carolina. GEICO’s ridesharing product replaces the driver’s personal auto policy and provides coverage for personal, ridesharing and...
GEICO 1st Auto Insurer in N.Y. to Offer Digital ID Cards for Policyholders
Nov 18 2015 // New York Gov. Andrew M. Cuomo announced that GEICO has become the first insurer in New York State to complete the certification process through the Department of Motor Vehicles to allow customers to begin using electronic...
Florida Couple Awarded $14.5M in Geico Uninsured Motorist Lawsuit
Nov 17 2015 // A former chiropractor and his wife have won a $14.5 million jury verdict in a lawsuit filed over a 2004 car crash that involved a motorist with no insurance. Attorney Crane Johnstone says a Miami-Dade jury sided with David...
People – Southeast
Oct 5 2015 // George Rogers has been promoted to senior vice president at GEICO. Rogers’ new responsibilities include oversight for GEICO’s Southeast and Midwest operations in addition to his current duties as vice president...
GEICO Expands Rideshare Coverage to Connecticut
Oct 5 2015 // GEICO announced on Sept. 15 that the company is expanding its ridesharing insurance product offering to drivers in Connecticut. GEICO said its product delivers end-to-end coverage for personal and ridesharing...