Latest GEICO Headlines

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

How to Float to the Top and Other Words of Wisdom

Apr 4 2005 // Berkshire Hathaway’s Buffett on Insurance Economics, 2004 ResultsBy Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s...

Berkshire Hathaway Chairman Warren Buffett on Insurance Economics and 2004 Results

Mar 8 2005 // By Chairman Warren Buffett’s own admission, Berkshire Hathaway Inc. did not have one of its best years in 2004. Last year, Berkshire’s book-value gain of 10.5% fell short of the S&P 500 Index’s 10.9%...

Warren Buffett Praises N.J. Auto Insurance Market Turnaround and Outgoing Chief Bakke

Mar 7 2005 // Star mogul Warren E. Buffett loves New Jersey, at least its auto insurance market.In his annual letter to shareholders of Berkshire Hathaway Inc. of which he is chairman, Buffett has high praise for the turnaround in the...

GEICO TO CUT N.Y. RATES:

Jan 3 2005 // New York Superintendent of Insurance Gregory Serio announced that GEICO auto insurance customers will see an across-the-board rate reduction in 2005 resulting in a savings of 6 percent for a typical policyholder....

N.Y. Insurance Department to Approve 6% Auto Rate Drop for GEICO Customers

Dec 16 2004 // New York Superintendent of Insurance Gregory Serio announced on Thursday that GEICO auto insurance customers in New York State will see an across-the-board rate reduction in 2005 resulting in a savings of 6 percent for a...

Judge Offers Decision in GEICO, Google Dispute

Dec 15 2004 // The use of the GEICO trademark to trigger Google paid ads that include the GEICO name reportedly violate the federal trademark laws. The judge presiding over the lawsuit filed by GEICO against Google Inc. ruled Wednesday...

GEICO Expansion Creates Jobs in Buffalo

Sep 14 2004 // Last month, New Jersey state officials announced that GEICO is now selling private passenger automobile insurance in the state through the company’s Web site, geico.com. This was good news not only for New Jersey...

N.J. Consumer Advocates Caution on Geico Return

Aug 24 2004 // The re-entrance of Geico into the New Jersey auto insurance market last week may not significantly affect state residents who already have difficulty getting policies, some consumer advocates contend.The state agreed to...

MARYLAND UPHOLDS PIP WAIVER:

Aug 23 2004 // A Maryland appeals court has upheld a 2003 circuit court decision by maintaining that personal injury protection (PIP) waivers remain effective until withdrawn in writing. The Property Casualty Insurers Association of...

GEICO Returns to N.J. Auto Market

Aug 16 2004 // New Jersey state officials this morning announced that GEICO has “good news” for state residents. Beginning today GEICO will be selling private passenger automobile insurance in the state.“This is a very...

Md. Appeals Court Backs Insurer in PIP Waiver Case

Aug 3 2004 // A Maryland appeals court has upheld a 2003 circuit court decision by maintaining that personal injury protection (PIP) waivers remain effective until withdrawn in writing. The Property Casualty Insurers Association of...

Sacramento Mortgage Broker Arrested in Alleged Auto Insurance Scam

Jul 7 2004 // Jesse L. Jackson, 34, of Sacramento, was arrested at his residence June 28 and booked into the county jail on two felony counts of insurance fraud and one count of attempted grand theft. His arrest is the result of an...

Best Affirms GEICO’s ‘A++’ Rating

Jun 14 2004 // A.M. Best Co. announced that it “has affirmed GEICO’s “A++” (Superior) financial strength rating, and its “aaa” debt rating for the company’s existing debt securities. The outlook...

S&P Affirms GEICO and Subs ‘AAA’ Ratings

May 27 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘AAA’ counterparty credit rating on GEICO Corp. and its ‘AAA’ counterparty credit and financial strength ratings on...

New Mexico Court Invalidates Family Exclusions in Umbrella Policies

Apr 26 2004 // Insurance companies in New Mexico may no longer exclude family members from coverage under so-called umbrella policies, the state Supreme Court has ruled in two cases involving auto accidents.Such exclusions “are...

State Officials to Welcome GEICO at Opening of New La. Claims Office

Apr 12 2004 // State and local Louisiana officials will be on hand to welcome GEICO when it opens its new claims service office on Tuesday, April 13, 10 a.m. Ceremonies take place at the GEICO office site: 3616 S. I-10 Service Road,...

GEICO Names John Zinno, Greg Jacobi for New Buffalo Center

Mar 2 2004 // GEICO’s board of directors announced that it has named John Zinno as general manager of the company’s new Buffalo, N.Y. business location, and Greg Jacobi, as director of sales and service for the new...

GEICO to Open New Facility in Buffalo

Dec 24 2003 // GEICO and New York Governor George Pataki’s office announced that the auto insurer has selected Buffalo as the site of its second major operations center in New York.GEICO plans to develop a 250,000-square-foot...

Alaska Supreme Court to Decide UM/UIM Coverage Limits Case

Feb 27 2003 // The Supreme Court of Alaska will decide whether state law requires that personal auto insurance companies include price terms when offering optional uninsured/underinsured motorist coverage limits. The court will also...

NAII Board of Governors Elect GEICO’s Nicely Chairman

Nov 8 2001 // Tony Nicely, chairman, president and CEO of GEICO, was elected chairman of the National Association of Independent Insurers board of governors on Nov. 7 during the association’s annual meeting in New Orleans.Nicely...