Latest GEICO Headlines

All the headlines from our GEICO Topic Page, ordered by recency.

Mass. Agents Group Says GEICO Failed to Report Some At-Fault Accident Data

Jan 25 2013 // The Massachusetts Association of Insurance Agents (MAIA) this week has asked the state’s Merit Rating Board and the Division of Insurance to investigate GEICO for allegedly failing to report at-fault accident data to...

People – East

Jan 14 2013 // The newly elected officers of the National Association of Insurance Commissioners (NAIC) for 2013 assumed their duties on Jan. 1. They are: Louisiana Insurance Commissioner Jim Donelon as NAIC president; North Dakota...

GEICO To Hire 300 New Associates In Arizona

Jan 9 2013 // The private passenger auto insurer GEICO is kicking off 2013 with plans to hire 300 new associates at the company’s regional office in Tucson, Ariz.The hires will include associates to fill new positions, and to make...

GEICO Recruiting College Grads for Leadership Program in Virginia Office

Jan 4 2013 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, said its Fredericksburg, Va., regional office is recruiting college graduates for its “Supervisor Leadership Program.” The...

GEICO Names Assistant VP of Regional Claims in Virginia

Dec 27 2012 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, recently named Jeremy Connor as assistant vice president of regional claims operations at GEICO’s regional office in Fredericksburg,...

GEICO to Offer Commercial Auto Coverage Direct to Customers in Georgia

Nov 27 2012 // Business owners in Georgia can now purchase commercial auto insurance directly from GEICO. By purchasing commercial coverage directly through the company, business owners can see significantly lower premium rates....

GEICO to Sell Commercial Auto Coverage Direct to Customers in N.Y.

Sep 10 2012 // Business owners in New York can now purchase commercial auto coverage directly from GEICO, which could lead to lower premium rates for many risks.Commercial insurance packages cover the cars, trucks and vans used by small...

GEICO Sponsors Rest Area ‘Safe Phone Zones’ in Virginia

Sep 4 2012 // Insurance giant GEICO is going to become a lot more familiar to travelers who visit Virginia’s 43 Interstate rest stops, the Virginia Department of Transportation announced last Thursday.The company has signed on to...

Geico Spends 6.5% of Premiums on Advertising

Jun 26 2012 // Geico, billionaire investor Warren Buffett’s auto insurer, spent far more than property insurance peers on advertising in 2011, both on an absolute basis and as a percentage of the business the company wrote,...

Best Affirms, Assigns Ratings to GEICO and Affiliates; Outlook Stable

Jun 25 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), which is based in...

GEICO Appoints VP of Claims in Chevy Chase, Md., Home Office

Jun 18 2012 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, appointed Rick Hoagland as vice president of claims based in the home office. He succeeds Nancy Pierce, who was recently named regional...

Berkshire Hathaway Doubles Profit on Lower Catastrophe Losses

May 7 2012 // Berkshire Hathaway said it generated $3.245 billion in net income overall, up from last year’s net income of $1.511 billion last year in the quarter. Last year’s results were hurt by $1.1 billion in insurance...

People – East

May 7 2012 // Marsh & McLennan Companies Inc. said Alexander Moczarski, CEO of Guy Carpenter, has assumed the additional role of chairman at Marsh & McLennan Companies International. Moczarski will continue to be based in New...

GEICO Appoints 2 Vice Presidents in New York Regional Offices

Apr 12 2012 // GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, appointed two vice presidents in New York regional offices.John Pham has been named vice president of GEICO’s Woodbury, N.Y.,...

Actuary Analyzes Insurance Twitter Messages, Wins Prize

Apr 11 2012 // Usually actuaries focus on insurance rates and loss reserves, not advertisements. But according to one actuary: Jake, the State Farm agent whom a jealous housewife was convinced was up to no good with her husband –...

Look Out Gecko and Flo, ‘Mayhem’ Man, QB and Professor Are Gaining On You!

Mar 29 2012 // The gecko, caveman and sales clerk Flo might want to check their retirement plans. Their brands are getting overshadowed by competition from “upstarts” like the Allstate mayhem man, State Farm’s QB Aaron...

Insurance Retailer GEICO Lowering Commercial Auto Rates in Texas

Mar 23 2012 // Insurance direct marketer, GEICO, has announced that it is lowering commercial auto insurance rates for business owners in Texas.Commercial insurance packages cover the cars, trucks and vans used in conducting business,...

Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders

Mar 5 2012 // Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.”Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire...

Insurance Highlights from Buffett’s 2011 Letter to Berkshire Shareholders

Feb 27 2012 // Warren E. Buffett thinks that among large insurance operations, those owned by his Berkshire Hathaway are the “best in the world.”Buffett is chairman of the board of Berkshire Hathaway, which owns Berkshire...

Western Insurance Agents Roundtable: In Uncertain Economy, Change Is Certain

Jan 5 2012 // The economy, the promised-land of a hard insurance market and the need to master technologies dominated discussion at the first annual Insurance Industry Roundtable in Irvine, Calif.The daylong event was attended by 23...