Voluntary policies increased by over 1 million last year. Claims frequency declined, but severity increased.
Berkshire Hathaway reported its 2019 earnings on February 22, including details of its GEICO Insurance operations.GEICO’s premiums written and … [Read More...]
Bill would require insurers to base claim payments on, and collision repairers to use, vehicle manufacturer compliant repair procedures. Excludes OEM parts mandates, but requires use of like, kind and quality.
Legislation introduced February 13 in Illinois, … [Read More...]
Insurer seeks to recover over $150,000 in alleged fraudulent billing and declaration it doesn’t owe over $50,000 in outstanding claims.
Following similar lawsuits in Arizona and Florida, GEICO has filed a federal lawsuit in California alleging an auto glass … [Read More...]
Legislation would require insurers pay for reasonable repair costs including vehicle manufacturer repair procedures.
Proposed legislation in Washington State would require changes to auto insurers’ policy language, require insurers to pay for reasonable and … [Read More...]
Legislation defines parts types and requires written consent indicating parts choice.
Legislation introduced in the Maryland House of Representatives on February 7 seeks to add a section to the Maryland Statutes that define the different types of crash parts … [Read More...]