GEICO News

GEICO Names Assistant VP of Regional Claims in Virginia

GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, recently named Jeremy Connor as assistant vice president of regional claims operations at GEICO’s regional office in Fredericksburg, Va. He previously served as director for personal injury protection claims …

GEICO to Offer Commercial Auto Coverage Direct to Customers in Georgia

Business owners in Georgia can now purchase commercial auto insurance directly from GEICO. By purchasing commercial coverage directly through the company, business owners can see significantly lower premium rates. Commercial insurance packages cover the cars, trucks and vans used by …

GEICO Sponsors Rest Area ‘Safe Phone Zones’ in Virginia

Insurance giant GEICO is going to become a lot more familiar to travelers who visit Virginia’s 43 Interstate rest stops, the Virginia Department of Transportation announced last Thursday. The company has signed on to sponsor “safe phone zones” at the …

Buffett’s Berkshire Hathaway Relying Less on Insurance Units

Warren Buffett’s recent birthday was good news for Berkshire Hathaway investors who could celebrate another year of the Oracle of Omaha’s leadership. But the milestone also reminded shareholders they need to think about who will run the evolving company after …

Geico Spends 6.5% of Premiums on Advertising

Geico, billionaire investor Warren Buffett’s auto insurer, spent far more than property insurance peers on advertising in 2011, both on an absolute basis and as a percentage of the business the company wrote, according to a new study. Data provider …

Best Affirms, Assigns Ratings to GEICO and Affiliates; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of the members of Government Employees Group (GEICO), which is based in Chevy Chase, Maryland. Best also affirmed the ICR …

GEICO Appoints VP of Claims in Chevy Chase, Md., Home Office

GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, appointed Rick Hoagland as vice president of claims based in the home office. He succeeds Nancy Pierce, who was recently named regional vice president in GEICO’s Fredericksburg, Va., office. …

GEICO Appoints 2 Vice Presidents in New York Regional Offices

GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, appointed two vice presidents in New York regional offices. John Pham has been named vice president of GEICO’s Woodbury, N.Y., regional office. Prior to his promotion, Pham served as …

Look Out Gecko and Flo, ‘Mayhem’ Man, QB and Professor Are Gaining On You!

The gecko, caveman and sales clerk Flo might want to check their retirement plans. Their brands are getting overshadowed by competition from “upstarts” like the Allstate mayhem man, State Farm’s QB Aaron Rodgers and the Farmers University professor. The Geico …

Insurance Retailer GEICO Lowering Commercial Auto Rates in Texas

Insurance direct marketer, GEICO, has announced that it is lowering commercial auto insurance rates for business owners in Texas. Commercial insurance packages cover the cars, trucks and vans used in conducting business, including for small businesses such as contractors, retailers, …