Latest GEICO Headlines
All the headlines from our GEICO Topic Page, ordered by recency.
GEICO Returns to N.J. Auto Market
Aug 16 2004 // New Jersey state officials this morning announced that GEICO has “good news” for state residents. Beginning today GEICO will be selling private passenger automobile insurance in the state. “This is a very...
Md. Appeals Court Backs Insurer in PIP Waiver Case
Aug 3 2004 // A Maryland appeals court has upheld a 2003 circuit court decision by maintaining that personal injury protection (PIP) waivers remain effective until withdrawn in writing. The Property Casualty Insurers Association of...
Sacramento Mortgage Broker Arrested in Alleged Auto Insurance Scam
Jul 7 2004 // Jesse L. Jackson, 34, of Sacramento, was arrested at his residence June 28 and booked into the county jail on two felony counts of insurance fraud and one count of attempted grand theft. His arrest is the result of an...
Best Affirms GEICO’s ‘A++’ Rating
Jun 14 2004 // A.M. Best Co. announced that it “has affirmed GEICO’s “A++” (Superior) financial strength rating, and its “aaa” debt rating for the company’s existing debt securities. The outlook...
S&P Affirms GEICO and Subs ‘AAA’ Ratings
May 27 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘AAA’ counterparty credit rating on GEICO Corp. and its ‘AAA’ counterparty credit and financial strength ratings on...
New Mexico Court Invalidates Family Exclusions in Umbrella Policies
Apr 26 2004 // Insurance companies in New Mexico may no longer exclude family members from coverage under so-called umbrella policies, the state Supreme Court has ruled in two cases involving auto accidents. Such exclusions “are...
State Officials to Welcome GEICO at Opening of New La. Claims Office
Apr 12 2004 // State and local Louisiana officials will be on hand to welcome GEICO when it opens its new claims service office on Tuesday, April 13, 10 a.m. Ceremonies take place at the GEICO office site: 3616 S. I-10 Service Road,...
GEICO Names John Zinno, Greg Jacobi for New Buffalo Center
Mar 2 2004 // GEICO’s board of directors announced that it has named John Zinno as general manager of the company’s new Buffalo, N.Y. business location, and Greg Jacobi, as director of sales and service for the new...
GEICO to Open New Facility in Buffalo
Dec 24 2003 // GEICO and New York Governor George Pataki’s office announced that the auto insurer has selected Buffalo as the site of its second major operations center in New York. GEICO plans to develop a 250,000-square-foot...
Alaska Supreme Court to Decide UM/UIM Coverage Limits Case
Feb 27 2003 // The Supreme Court of Alaska will decide whether state law requires that personal auto insurance companies include price terms when offering optional uninsured/underinsured motorist coverage limits. The court will also...
NAII Board of Governors Elect GEICO’s Nicely Chairman
Nov 8 2001 // Tony Nicely, chairman, president and CEO of GEICO, was elected chairman of the National Association of Independent Insurers board of governors on Nov. 7 during the association’s annual meeting in New Orleans. Nicely...
SAFECO Brings on Ex-GEICO Executive as New President and CEO
Jul 18 2001 // Seattle-based SAFECO appointed Michael LaRocco, a former vice president with GEICO, as president and chief operating officer of its $2.6-billion SAFECO Personal Insurance business. LaRocco, 44, has more than 20 years...
Welcome to our First Ever
Jan 8 2001 // The demarcation between years always seems to take on a contemplative aspect. We look back to where we’ve been, and then look forward to weigh our expectations. Will the market continue to harden? Will the dot-coms...
GEICO ADMITS OHIO VIOLATIONS
Sep 4 2000 // Maryland-based GEICO Corp. has admitted to violating Ohio’s consumer protection laws by allowing unlicensed agents to quote rates and discuss coverage information with consumers. The auto insurer agreed to pay the...
GEICO Admits Ohio Violations
Aug 18 2000 // Maryland-based GEICO Corp. said on Thursday it violated Ohio’s consumer protection laws by allowing unlicensed agents to quote rates and discuss coverage information with consumers. The auto insurer agreed to pay the...
Geico Accused of Using Unlicensed Agents in Ohio
Aug 7 2000 // Geico could lose its right to sell insurance in Ohio should charges levied by the state that the company allowed unlicensed employees to sell property and casualty coverages be upheld. At a hearing scheduled for Aug. 18,...
GEICO Dropping ‘Dr. Laura’
Jul 10 2000 // In a statement distributed late last week, GEICO Insurance has announced it will no longer permit its advertising to appear during Laura Schlessinger’s radio program. For three weeks, the StopDrLaura.com site urged...
INSURERS AGREE TO REFUNDS
Jun 26 2000 // GEICO and Liberty Mutual Insurance companies have agreed with Texas Attorney General John Cornyn to return nearly $600,000 deducted from Texas policyholder claims when damaged auto parts were replaced by newer parts. Under...
New GEICO Ads Go Round and Round
May 25 2000 // GEICO Insurance Co. has teamed with Manhattan-based CarroSELL, unveiling a new advertising campaign on airport baggage carrousels in New York, Dallas/Fort Worth and Honolulu. CarroSELL pioneered the medium last year and...