GEICO has unveiled a new auto insurance product in Texas for drivers of on-demand transportation network companies (TNC) like Uber, Lyft, Sidecar that covers both personal and ridesharing needs. GEICO Senior Vice President Robert Miller said the coverage can meet …
Warren Buffett’s Berkshire Hathaway Inc. will pay A$500 million ($388 million) for a stake in Insurance Australia Group Ltd. as part of a plan to expand in the region. The agreement will give Berkshire 20 percent of IAG’s insurance premium …
Google Compare is using a rating system provided by Insurance Technologies Corp., the Carrollton, Texas-based software provider announced Wednesday. In making the announcement ITC’s top executive said it’s a move that will keep agents involved in the online search for …
Frankie Silva has been named assistant vice president of underwriting at GEICO’s regional office in Lakeland, Fla. Silva previously served as assistant vice president of underwriting in the company’s San Diego regional office. Silva succeeds Don Robinson, who was named …
GEICO has named Greg Jacobi assistant vice president of underwriting in its San Diego, Calif. regional office. Previously, Jacobi served as assistant vice president of underwriting for the company’s Dallas regional office. Jacobi succeeds Frankie Silva, who will lead underwriting …
Giant auto insurer Geico said Monday it is hiring more than 300 associates in 2015 to add to its office in Woodbury, located in Long Island, New York, as well as for legal offices located throughout Long Island, New York. …
As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet. That likely-to-be controversial opinion is courtesy of Compare.com CEO Andrew Rose. As he speaks to a reporter, in one breath Rose doesn’t …
GEICO is now offering its ridesharing insurance product to Uber (UberX and UberXL), Lyft, Sidecar and other services to approved drivers in Maryland, in addition to Virginia. The product, which replaces the driver’s personal auto policy, provides coverage both for …
Michigan insurance regulators have permanently revoked the insurance licenses of father and son insurance agents and their agencies for selling fraudulent insurance certificates. The Michigan Department of Insurance and Financial Services (DIFS) in January suspended the licenses agents of Dearborn-based …
A Florida court has ruled that one of the state’s largest automobile insurers must pay over $100,000 in attorney fees under the “additional payments” provision of its liability coverage. The Florida Fifth District Court of Appeal handed down its ruling …
