GEICO News

Allstate’s Esurance Hopes Bundling Auto, Home Coverages Will Separate It From Geico

Esurance, the online car insurance seller owned by Allstate Corp., is betting that bundling auto and home policies will help it compete with Berkshire Hathaway Inc.’s Geico unit and Progressive Corp. Esurance started underwriting homeowners coverage in Wisconsin and plans …

GEICO Success Highlights Advertising Dollars vs. Agent Commissions Debate

Direct writer GEICO’s success in auto insurance sales is due to spending dollars on effective advertising rather than on agents, according to recent research from analysts at Nomura Equity Research, which notes that GEICO has overtaken Allstate to become the …

Allstate CEO Says GEICO Could Strugggle with Storefront Strategy

Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car insurance market share in the last three years, said competitor Geico could struggle to expand sales as it seeks to sell more policies at storefronts. Allstate has an agency …

Jury Finds GEICO Must Cover Driver in Fatal Vermont Crash

A jury says an insurance company must honor the policy of a Vermont man who was convicted of murder in a drunken driving crash that killed a woman in 2010. The insurance company GEICO had filed a lawsuit in U.S. …

GEICO Names Assistant VP of Claims Operation in Buffalo, N.Y.

David Hodge has been named assistant vice president of claims for auto insurer GEICO’s Buffalo, N.Y., regional office. Hodge previously served as the liability director of GEICO’s Virginia Beach, Va., regional operations. Hodge first joined GEICO at the company’s Woodbury, …

Buffett Attends Opening of New Indiana Geico Insurance Center

Billionaire investor Warren Buffett joined in a ceremony that marked the opening of a new customer service center for the Geico insurance company in suburban Indianapolis that’s expected to have as many as 1,200 workers within a few years. Buffett’s …

GEICO Announces 2 Appointments in Buffalo, N.Y., Office

Auto insurance giant GEICO recently announced that Kirk La has been named assistant vice president of the GEICO Insurance Agency and Pionne Corbin will take over as assistant vice president of underwriting in GEICO’s Buffalo, N.Y., regional operation. La will …

GEICO Names Rayburn VP of Southeast Operations

Auto insurance giant GEICO promoted Rhett Rayburn to vice president of Southeast operations. He will be based in GEICO’s Macon, Ga., office. Prior to his new role, Rayburn was assistant vice president of claims operations in GEICO’s Tucson, Ariz., office …

GEICO to Host Job Fairs for Adjusters in Philadelphia, Pittsburgh Next Week

Auto insurer GEICO said it will host two job fairs for auto damage adjusters in Pennsylvania on July 16 and 18. On Tuesday, July 16, the first job fair will be held at Double Tree Hotel in Green Tree, located …

GEICO Names Roberts President, Chief Operating Officer

Bill Roberts has been named president and chief operating officer of GEICO, the giant insurer said. Tony Nicely will continue to serve as chairman and chief executive officer. Roberts had served as executive vice president of GEICO since 2000 with …