Latest GEICO Headlines
All the headlines from our GEICO Topic Page, ordered by recency.
Insurance Journal West’s Top Stories for 2018: California Commissioner Race, Hawaii Lava, Wildfire Losses
Dec 31 2018 // Another year down, and too many fascinating news headlines to count. Hawaii’s lava, the race for California insurance commissioner, and a $23 million ruling in a lawsuit against Geico were among the most popular...
GEICO Promotes Pusateri to Vice President of Marketing
Dec 21 2018 // Giant auto insurer GEICO has promoted Joe Pusateri to vice president of marketing Pusateri previously served as an assistant vice president in marketing; in that role, which he assumed last year, he oversaw analytics,...
2 Recent Florida Supreme Court Rulings Could Impact Industry
Oct 15 2018 // Two recent decisions from the Florida Supreme Court that reversed rulings by the same District Court of Appeal will have a serious impact on the insurance industry. The consequential rulings came on Sept. 20, 2018 in the...
2 Recent Florida Supreme Court Rulings Could Impact Insurance Industry
Oct 2 2018 // Two recent decisions from the Florida Supreme Court that reversed rulings by the same District Court of Appeal will have a serious impact on the insurance industry. The consequential rulings came on Sept. 20, 2018 in the...
People
Oct 1 2018 // JLT Re (North America) Inc., part of the global provider of reinsurance broking and consultancy, has appointed Alain Bizet as senior vice president in Miami. Alain will join the property treaty team in Miami and focus on...
People
Aug 6 2018 // GEICO’s Board of Directors has promoted Rick Hoagland to senior vice president. Hoagland first joined GEICO in 1994 as a telephone claims representative in Fredericksburg, Md. He advanced through several positions...
GEICO Board of Directors Promotes Connor to VP of New York, New Jersey Offices
Jul 23 2018 // The GEICO Board of Directors has promoted Jeremy Connor to vice president of the company’s regional office in Buffalo, N.Y., and its claims office in Marlton, N.J. Connor had served as assistant vice president of...
GEICO Promotes Hoagland to Senior Vice President
Jul 9 2018 // GEICO’s Board of Directors has promoted Rick Hoagland to senior vice president. Hoagland first joined GEICO in 1994 as a telephone claims representative in Fredericksburg, Md. He advanced through several positions...
GEICO Taps Corbin to Manage Regional Offices from Florida
Jul 9 2018 // The GEICO Board of Directors has promoted Pionne Corbin to senior vice president. Corbin will manage the regional office in Lakeland, Fla., where she will be based, and oversee the company’s Southeast and Midwest...
Buffett’s Geico to Open Service Center in Lenexa, Kansas, Create 500 Jobs
Jun 20 2018 // Business icon Warren Buffett plans to open a new Geico Insurance service center that will bring 500 jobs to Lenexa, Kansas. The Kansas City Area Development Council said in a news release that the center will open in...
People
Jun 18 2018 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has appointed Gary Ivey as Southeast regional CEO. In this role, Ivey will oversee MMA offices in Georgia, Alabama, Tennessee, Kentucky...
Geico Must Pay $23M to Southern California Motorist
Apr 19 2018 // A jury has decided Geico Insurance must pay a Southern California man nearly $23 million in compensation and damages after the company unreasonably delayed paying out on a $400,000 damage claim. The injured driver, Omar...
Washington Commissioner Fines GEICO $30K for Raising Premiums on People Who Froze Credit Scores
Apr 4 2018 // Washington Insurance Commissioner Mike Kreidler issued fines in February totaling $49,200 against insurance companies, agents and brokers who violated state insurance regulations. The biggest fine was $30,000 against GEICO...
GEICO to Comply with New York Reg Banning Discriminatory Auto Insurance Rates
Mar 14 2018 // A third major automobile insurance company in the New York market has reached agreement with the New York Department of Financial Services (DFS) in compliance with the department’s final regulation prohibiting...
GEICO Names McKenzie VP of Southeast Regional Operations
Mar 14 2018 // The GEICO board of directors has named Gary McKenzie regional vice president of the company’s Macon, Ga., Southeast operations, which manages policies for customers in seven states. He previously served as assistant...
Geico Adding Nearly 1,500 Jobs in Carmel, Indiana
Mar 1 2018 // Insurance giant Geico says it will expand its operations in Carmel, Indiana, creating close to 1,500 jobs within five years. The Washington, D.C.-based company will invest more than $16 million to add an additional 104,000...
Mississippi Woman Arrested Over Attempt to Defraud Geico
Oct 18 2017 // A Mississippi woman accused of attempting to defraud an insurance company out of thousands of dollars has been arrested. News outlets report 30-year-old Kyomi M. Fulton, of Fayette, was arrested Oct. 11 and charged with...
P/C Direct Premium Written Up 4.5 Percent
Sep 18 2017 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2016, approximately $606 billion of DPW was reported, a record high for the industry. For 2016,...
How Advertising Spend, Underwriting Results Relate to Auto Insurers’ New Business Yield: J.D. Power
Jun 19 2017 // Insurers with the strongest new business yield rates also have strong combined ratios in personal auto in the J.D. Power 2017 U.S. Insurance Shopping Study. We define new business yield rates as the proportion of...
Rideshare Drivers Take ‘Huge Risk’ with Personal Auto Coverage: GEICO
Apr 17 2017 // You are a driver for a transportation network company and then the unfortunate happens. Someone sideswipes your vehicle. In the chaotic moments after the accident, a question about your personal auto insurance coverage...
