Latest GEICO Headlines

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

Court: Insurer GEICO Must Pay Injured Kansas Man for Care Provided by Wife

Jan 24 2020 // An insurance company must reimburse a Kansas man for the personal care his wife provided after he was injured in an automobile accident, the state Supreme Court ruled in rejecting that spouses are required to provide such...

Washington Mom, Son Charged in Attempted Auto Insurance Fraud

Jan 14 2020 // Three people were charged in King County Superior Court in connection to two separate auto insurance fraud cases after investigations by Washington Insurance Commissioner Mike Kreidler’s Criminal Investigations...

GEICO CEO Roberts to Retire End of 2020; Berkshire Hathaway’s Combs to Succeed

Dec 23 2019 // Bill Roberts, GEICO’s president and chief executive officer, has announced that he will retire in December 2020 after 35 years with the insurer. Replacing Roberts as CEO will be Todd Combs, one of Berkshire...

When Insurance Companies Fail at the Promise

Aug 28 2019 // I read an article last week about the intersection of gig work, an innocent injured party, insurance, and big business. Let me summarize the best I can. A driver is in traffic and is suddenly hit by another driver, who was...

Berkshire Hathaway’s Insurance Underwriting Profit Fell in Q2

Aug 5 2019 // Giant conglomerate Berkshire Hathaway saw its total insurance underwriting profit in the second quarter fall 63% to $353 million from $943 million in the second quarter of last year.Compared to the same period last year,...

GEICO Gets Progressive, Joins Auto Insurers Offering Telematics

Aug 5 2019 // Berkshire Hathaway’s GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting for years.Berkshire Hathaway’s GEICO has been one of the few...

State Farm Bets on ‘Real Time’ Telematics as GEICO Scoffs

Jun 19 2019 // The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip...

GEICO Helps Boost Berkshire Hathaway’s Q1 Profit

May 7 2019 // Berkshire Hathaway Inc. on Saturday said gains in its stock investments were behind its good first-quarter profit. Better results from its GEICO auto insurer and BNSF railroad units boosted operating results.The...

Buffett Has Eyes on Competitor Progressive, Not Car Makers Entering Insurance

May 7 2019 // Berkshire Hathaway Chair Warren Buffett said he isn’t worried about recent assertions by Tesla Chief Executive Elon Musk that the electric car maker could offer a more compelling insurance product than traditional...

Berkshire P/C Insurance Reported Q4 Loss, Profit for Full Year 2018

Feb 25 2019 // In the conglomerate’s annual report published on Saturday, Berkshire Hathaway’s Chair Warren Buffett recommended that readers focus on operating earnings, reviewing a year in which insurance operations...

GEICO’s Nicely Quietly Retired as CEO; Roberts at Helm

Feb 25 2019 // Warren Buffett used his annual letter to heap praise on Tony Nicely, the long-time chief executive officer of Berkshire Hathaway Inc.’s GEICO insurance unit.The letter also offered some perhaps surprising news:...

Florida Deputy Arrested for Filing False Auto Claim with GEICO

Feb 25 2019 // A deputy with the sheriff’s office in Orange County, Fla., has been arrested after he allegedly filed a false and fraudulent automobile insurance claim with GEICO Insurance Co., according to a statement from the...

Insurance Journal West’s Top Stories for 2018: California Commissioner Race, Hawaii Lava, Wildfire Losses

Dec 31 2018 // Another year down, and too many fascinating news headlines to count.Hawaii’s lava, the race for California insurance commissioner, and a $23 million ruling in a lawsuit against Geico were among the most popular...

GEICO Promotes Pusateri to Vice President of Marketing

Dec 21 2018 // Giant auto insurer GEICO has promoted Joe Pusateri to vice president of marketingPusateri previously served as an assistant vice president in marketing; in that role, which he assumed last year, he oversaw analytics,...

2 Recent Florida Supreme Court Rulings Could Impact Industry

Oct 15 2018 // Two recent decisions from the Florida Supreme Court that reversed rulings by the same District Court of Appeal will have a serious impact on the insurance industry.The consequential rulings came on Sept. 20, 2018 in the...

2 Recent Florida Supreme Court Rulings Could Impact Insurance Industry

Oct 2 2018 // Two recent decisions from the Florida Supreme Court that reversed rulings by the same District Court of Appeal will have a serious impact on the insurance industry.The consequential rulings came on Sept. 20, 2018 in the...

People

Oct 1 2018 // JLT Re (North America) Inc., part of the global provider of reinsurance broking and consultancy, has appointed Alain Bizet as senior vice president in Miami. Alain will join the property treaty team in Miami and focus on...

People

Aug 6 2018 // GEICO’s Board of Directors has promoted Rick Hoagland to senior vice president.Hoagland first joined GEICO in 1994 as a telephone claims representative in Fredericksburg, Md. He advanced through several positions and...

GEICO Board of Directors Promotes Connor to VP of New York, New Jersey Offices

Jul 23 2018 // The GEICO Board of Directors has promoted Jeremy Connor to vice president of the company’s regional office in Buffalo, N.Y., and its claims office in Marlton, N.J.Connor had served as assistant vice president of...

GEICO Promotes Hoagland to Senior Vice President

Jul 9 2018 // GEICO’s Board of Directors has promoted Rick Hoagland to senior vice president. Hoagland first joined GEICO in 1994 as a telephone claims representative in Fredericksburg, Md. He advanced through several positions...