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GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business

Dec 5 2024 // GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business.Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has...

New York Fines GEICO $9.75M, Travelers $1.5M Over Auto Insurance Cyber Breaches

Nov 25 2024 // Two auto insurers will pay fines totaling $11.3 million for data breaches of online insurance quoting systems that New York officials say compromised personal information of an estimated 120,000 customers in total.New York...

Berkshire’s GEICO Turns in Strong Q3 but Overall Insurance UW Income Slips

Nov 4 2024 // Third quarter underwriting income with Berkshire Hathaway’s insurance units fell about $1.7 billion to $750 million due to estimated losses of about $565 million from Hurricane Helene and increases in losses from...

GEICO Can’t Sue or Void Invoices from Auto Glass Shops, Florida Supreme Court Says

Sep 26 2024 // In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair...

Georgia Investment Manager Charged with Siphoning $6M from GEICO

Aug 14 2024 // A Georgia grand jury has indicted an investment manager, charging that he diverted almost $6 million from GEICO Insurance for his own use.Dwayne Peterson Davis, 54, of Atlanta, was a business partner with GEICO in a...

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