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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...

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