GEICO Tops Progressive With Higher J.D. Power Scores June 26, 2024 By Susanne Sclafane Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to...
Berkshire’s ‘Most Important’ Biz Drives Q1 Results; GEICO Still Behind on Tech May 6, 2024 By Susanne Sclafane Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with...
Auto Insurer’s $10M Fraud Claims Against Doctors Are Subject to Arbitration, Court Rules April 19, 2024 A federal appeals court has sided with three chiropractors in ruling that claims under New Jersey’s personal injury protection statute...
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts February 26, 2024 By Susanne Sclafane Even though Berkshire Hathaway’s latest annual report featured Warren Buffett’s forecast that the days of “eye-popping performance” for the giant...
Court Says Bulk of GEICO’s $2.3 Million Fraud Case Belongs in Arbitration January 5, 2024 Insurer GEICO has been dealt a setback in its efforts to get back $2.3 million in what it alleges were...
GEICO Lays Off 6% of Workforce and Will Require More In-Office Time October 20, 2023 By Chad Hemenway and William Rabb In a letter to employees, GEICO president and chief executive officer Todd Combs said the Berkshire Hathaway company is laying...
Rate Hikes Not Bringing Profit to US Auto Insurers: Fitch August 18, 2023 By Susanne Sclafane Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers,...
GEICO to Pay $805K to Settle Overtime Wage Disputes With Claims Adjusters June 30, 2023 Insurer GEICO has agreed to pay $805,000 total to settle class action lawsuits by claims adjusters alleging they were entitled...
GEICO Suit Alleges $1.8M in Fraudulent Billings by New Jersey Healthcare Providers June 30, 2023 Insurer GEICO is suing to recover more than $1.8 million in allegedly fraudulent and unlawful no-fault insurance charges it says...
5th Circuit Clears Texas Class-Action Suit Against GEICO May 19, 2023 GEICO must defend itself against a class-action lawsuit that alleges it failed to include the cost of sales taxes and...