Property damage and collision claim frequencies rose in the 3% to 5% range through the first six months of 2026, widening the reversal that began in the first quarter.
GEICO’s pre-tax underwriting earnings fell to $994 million in the second quarter of 2026, down $827 million, or 45.4%, from $1.821 billion in the second quarter of 2025, Berkshire Hathaway Inc. disclosed in the quarterly report it filed Aug. 8.
The decline was steeper than the one GEICO recorded three months earlier, and it pushed the insurer’s combined ratio to 91.2% from 83.5% a year earlier, an increase of 7.7 percentage
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