Latest GEICO Headlines

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

GEICO Opens West Virginia Office

Oct 23 2009 // GEICO hosted the grand opening of its new local office in Morgantown, West Virginia this week. Jim Robinson, local GEICO field representative, heads the Morgantown office. The open house featured GEICO’s official...

Two Californians Nabbed for Auto Insurance Fraud

Sep 14 2009 // Two residents of San Jose, Calif., have been arrested on automobile insurance fraud charges, after one of them attempted to buy insurance immediately after an accident.“Insurance fraud perpetrators drive up the cost...

GEICO Begins Recruitment for New York Operation

Aug 20 2009 // GEICO has begun taking job applications for its new, Amherst, N.Y. based subsidiary, GEICO Insurance Agency, which will sell and service homeowners, renters, boat and other coverage. Gov. David Paterson joined company...

Direct Writers Continue Battle for Massachusetts Auto Market

Jun 1 2009 // Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will begin writing direct in...

Direct Writers Reconsidering Massachusetts

Apr 6 2009 // It’s finally happened: Geico is entering the auto insurance market in Massachusetts.Insurance Commissioner Nonnie Burnes confirmed in a statement earlier this month that the nation’s third-largest auto insurer...

Esurance Exploring Massachusetts Personal Auto Market

Mar 24 2009 // Esurance, a San Francisco-based personal auto insurance direct writer, has taken preliminary steps to obtain a license to sell auto insurance in Massachusetts — although the company says it has no immediate plans to...

Geico to Sell Auto Insurance in Massachusetts

Mar 23 2009 // Geico is entering the auto insurance market in Massachusetts.State Insurance Commissioner Nonnie Burnes confirmed in a statement Friday that the nation’s third-largest auto insurer has filed to begin selling premiums...

GEICO Lowers Georgia Auto Rates

Jan 23 2009 // GEICO reports that it is reducing auto insurance rates in Georgia by 2.3 percent on average. The rating plan is already in effect for new policies and will be effective Feb. 8 for renewal policies. GEICO is currently the...

Strategic Planning for an Increasing Direct Writer Marketplace

Nov 16 2008 // The traditional role of an insurance agent in the sale of insurance products to potential policyholders has changed dramatically over the years. Historically, the agent was the customer’s first and only point of...

‘Good Students’ in Virginia Get 15% Auto Insurance Break from GEICO

Oct 29 2008 // In Virginia, drivers who are full time students between the ages of 16 and 24 could be eligible for a 10-15 percent discount from GEICO.The insurer said its discount applies if the teens meet any of these requirements: B...

Gas Prices Drive N.Y. Rate Decreases

Sep 1 2008 // One of New York state’s largest auto insurers, GEICO, agreed to drop two requests for rate hikes after a plea by the state’s top regulator to consider the effect of high gas prices on customers’ driving...

Utah’s Jack Byrne Legendary in Insurance Circles

Aug 7 2008 // Jack Byrne’s magic business touch has been all about the basics paired with high drama.Once hailed as the Babe Ruth of insurance, he was the man who long ago saved Geico, the automobile insurer that later became a...

High Gas Prices Lead GEICO to Drop New York Auto Rate Hike

Aug 7 2008 // One of New York state’s largest auto insurers, GEICO, agreed to drop two requests for rate hikes after a plea by the state’s top regulator to consider the effect of high gas prices on customers’ driving...

Maine Widower May Never Collect $500K Insurance Settlement

May 7 2008 // An 85-year-old Buxton, Maine man’s lawsuit against the motorist he blamed for his wife’s death has ended in a settlement totaling more than $500,000, but whether the widower ever collects the money remains to...

N.J. Approves Jobs, Education as Driver Rating Criteria

May 5 2008 // New Jersey insurers using education and employment to rate drivers for risk are justified in doing so and the practice does not amount to racism or classism, according to a new, 581-page report released by Garden State...

New Jersey Regulators: Jobs, Education Are Sound Criteria to Rate Drivers

Apr 25 2008 // New Jersey insurers who use education and employment to rate drivers for risk are justified in doing so and the practice does not amount to racism or classism, according to a new, 581-page report released by Garden State...

Best Affirms GEICO’s ‘A++’ Ratings

Mar 18 2008 // To no one’s surprise A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of Government Employees Group (GEICO) and its...

Web Site, Ads to Help Agents Keep Mass. Auto Market Share

Jan 9 2008 // Massachusetts independent insurance agents, who now write more than 80 percent of the auto insurance market in the state, are getting some marketing help to protect that market share as they enter a new competitive rating...

Calif. approves Geico rate reduction

Sep 3 2007 // The California Department of Insurance has announced it has approved GEICO’s 10.8 percent rate reduction in personal auto insurance policies. The reduction should translate into $65.8 million in overall savings for...

Calif. approves Geico rate reduction

Sep 3 2007 // The California Department of Insurance has announced it has approved GEICO’s 10.8 percent rate reduction in personal auto insurance policies. The reduction should translate into $65.8 million in overall savings for...