Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices January 31, 2023 By Susanne Sclafane While executives of Tesla said the car maker’s insurance business isn’t yet big enough to warrant separate financial disclosure of...
Tesla, Insurers Address Expensive Repairs in Sharply Different Ways January 27, 2023 By Paul Lienert Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the...
Top 10 West Insurance Journal Stories of 2022 December 29, 2022 By Don Jergler GEICO closing offices in California, insurers battling with regulators, lawsuits, settlements, and wildfires were among the most read stories in...
Top 10 Midwest Insurance Journal Stories of 2022 December 29, 2022 By Ezra Amacher Allstate buying office space in downtown Chicago, State Farm suing Tesla over a car fire, and Geico being ordered to...
GEICO, Location-Tech what3words Partner to Enhance Roadside Assistance December 15, 2022 GEICO and location-technology provider what3words announced a new partnership to provide enhanced roadside assistance to customers across the U.S. With...
Geico Faces California Class Action Claiming it Overcharged for Car Insurance November 1, 2022 By Jonathan Stempel A federal judge on Monday said a lawsuit accusing Geico Corp. of overcharging more than 2 million California policyholders on...
Berkshire Hathaway Posts $43.8 Billion Loss as Stock Holdings Tumble August 8, 2022 By Jonathan Stempel The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as the conglomerate run...
Reports: GEICO Closing All Offices in California August 1, 2022 GEICO is closing all of its offices in California, according to reports. The company shut down all of its 38...
Personal Auto Results Slow to Recover; GEICO, Progressive to Pass State Farm July 19, 2022 With an overall combined ratio in excess of 100 for the first time since 2017, private passenger auto joined homeowners...
Analysis: State Farm Wins Again With Better J.D. Power Scores Than GEICO July 18, 2022 By Susanne Sclafane When Warren Buffett told Berkshire Hathaway investors that State Farm continues to dominate the large auto insurance carrier landscape during...