GEICO will provide $2.5 billion in credits to customers. Liberty Mutual refunding $250 million to Liberty and Safeco insureds. GEICO and Liberty Mutual separately announced that they would be providing relief to their auto insurance policyholders, joining Allstate and American Family that announced similar programs earlier this week. GEICO, the second largest private passenger auto […]
GEICO Reports Auto Policies in Force Up 6.4% in 2019
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 earned in 2019 increased 5.5% and 6.6%, respectively, compared to 2018. According to the company’s annual report, these increases were […]
GEICO Files Federal RICO Lawsuit in California Alleging Glass Shop Fraudulently Inflated Claims
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 repair facility submitted fraudulent glass repair bills. GEICO seeks to recover damages alleging violations of the […]
Todd Combs Named CEO of GEICO
Bill Roberts, GEICO’s president and CEO, has announced that he will retire from GEICO in December 2020. Roberts began his career with GEICO in 1984 as an officer in the Marketing department. Over his 35-year career, he has helped lead GEICO to become the second largest auto insurance company in the U.S. Roberts became vice […]
NABC Partners Donate Four Vehicles to Veterans During New Jersey Event
The National Auto Body Council’s Recycled Rides program joined insurance partners and collision repair companies to donate vehicles. Four deserving New Jersey area veterans were presented with vehicles that provide them independence and the ability to work and take care of their families thanks to the National Auto Body Council (NABC) Recycled Rides program along […]
Shane Wheeler Named VP of Claims at GEICO
The GEICO Board of Directors has promoted Shane Wheeler to vice president in charge of the company’s claims operations. Wheeler will be based at GEICO corporate headquarters in Chevy Chase, Maryland. Since 2016, he had served as assistant vice president of claims for GEICO’s regional operations in Tucson, Arizona. Before that, he was the liability […]
GEICO Files RICO Lawsuit Alleging Auto Glass Fraud in Florida
Following similar lawsuits in Arizona, auto insurer takes its zero tolerance approach to alleged auto glass fraud to Florida. Following several lawsuits in Arizona, GEICO announced it has filed another federal lawsuit on June 6 in Florida alleging an auto glass repair shop submitted fraudulent glass repair bills. GEICO seeks to recover damages under Civil […]
Recycled Rides Go To Three Moms With Military Ties
GEICO, Caliber Collision and Enterprise know how to show their appreciation for those in the military and those with close ties to someone who is. The three companies combined their efforts to present three military moms with vehicles that were refurbished to like new conditions and filled with good wishes from everyone connected with the […]
GEICO Files Second Federal RICO lawsuit in Arizona Against Auto Glass Repairer Alleging $650,000 Fraud
Lawsuit alleges auto glass firm forged customer signatures and falsified invoices from auto dealers for glass purchases. GEICO has filed a federal lawsuit in Arizona against a second auto glass repair shop the insurers alleges submitted fraudulent glass repair bills. The case, Government Employees Insurance Company, et al. v. Advantage Auto Glass, LLC, et. al., […]
GEICO Files RICO Lawsuit Against Arizona Glass Repair Shop
Insurer alleges facility forged customer signatures, charged for ADAS recalibrations not performed. Alleges $1.9 million in damages across more than 2,800 claims. GEICO has filed a federal lawsuit in Arizona, Government Employees Insurance Company, et al. v. A & E Solheim, LLC, d/b/a A & E Auto Glass, et. al., against the auto glass repair […]