GEICO Corp. beat out its competitors in premium growth in 2013 and reported one of the best underwriting margins among the top 20 U.S. auto insurers. According to a report by SNL Financial, GEICO’s direct personal auto premiums, prior to …
Massachusetts Insurance Commissioner Joseph Murphy announced Thursday an agreement with auto insurance giant GEICO to resolve inconsistencies in its reporting of auto accident information to Massachusetts state agencies and policyholders. Under the terms of the agreement, GEICO will modify certain …
A national insurance company has announced plans to create new jobs in middle Georgia. The Telegraph of Macon reported that Geico is planning to add more than 500 new positions to its Macon office by the end of the year. …
After two years of double-digit percentage increases in advertising spending, GEICO Corp. boosted its ad spend by just over five percent in 2013, according to research by SNL Financial. GEICO, with its Gecko and Maxwell the pig mascots, has been …
Insurance operations contributed $5.7 billion to total operating income of $15.1 billion for Berkshire Hathaway in 2013—with an underwriting profit of $2.0 billion (after taxes) representing the 11th year in a row with an underwriting profit for the Nebraska-based conglomerate. …
Chevy Chase, Md.-based auto insurance giant GEICO announced Lona Montgomery has been named assistant vice president of centralized services in the company’s Macon, Ga., regional office. Montgomery previously served as director of sales and service in the company’s Coralville, Iowa, …
Chevy Chase, Md.-based auto insurance giant GEICO announced Thursday that to keep up with its strong policyholder growth, its regional office in Fredericksburg, Va., plans to hire more than 725 new associates for growth and replacement in 2014. The GEICO …
Illinois drivers should get ready to pay more for insurance. Northbrook-based Allstate says in a regulatory filing that rates for customers will climb between 2.5 and 3.5 percent later this month. Esurance rates are rising about 3.2 percent in late …
Based on third quarter reports, GEICO Corp. has surpassed Allstate Corp. to become the nation’s second-largest private auto insurer. According to data compiled by SNL, GEICO logged $4.89 billion in direct premiums written during the third quarter of 2013, while …
The insurance company Geico plans to open a claims center in suburban Houston that will employ up to 1,000 people. The company announced that the positions will range from entry-level to what Geico describes as “fast-track management” jobs. The Houston …
