GEICO has named Dan Beacom vice president of the company’s Dallas regional office. He will have responsibility and oversight for all day-to-day operations related to GEICO’s policyholders in 10 states: Texas, Oklahoma, Iowa, New Mexico, Colorado, Wyoming, Kansas, Nebraska, South Dakota and North Dakota. Prior to his new assignment, Beacom served as the Dallas region’s […]
GEICO Suit Alleges Fraudulent Glass Repair Scheme in Florida
Insurer seeks to recover $223,000 and judgment for $175,000 in outstanding claims. Alleges fraudulent repairs and forged Assignment of Benefits documentation. Defendants deny allegations, seek dismissal of insurer’s claims and countersue. In June, GEICO filed suit in Florida alleging that five companies and six named individuals fraudulently billed the insurer for “…phony and otherwise unreimbursable […]
GEICO Announces Regional Personnel Appointments
GEICO recently announced several personnel appointments. GEICO has named John Pham vice president of its regional operations in Virginia Beach, Va. Pham will oversee all business functions for Virginia and North Carolina insureds, as well as GEICO’s military, motorcycle and recreational vehicle divisions. Pham joined GEICO in 1990 as a management intern, and advanced through […]
GEICO to Expand in Buffalo
GEICO, the largest auto insurer in New York and second largest in the U.S., announced it was expanding operations in Buffalo, N.Y. GEICO plans to hire more than 100 Buffalo associates for additional positions in claims, sales and service. One of the company’s accelerated leadership programs – the Management Development Program (MDP) – is also […]
GEICO Tops 14 million Policies in Force
GEICO announced that Christopher Stevens’s auto insurance purchase on his smartphone propelled the company to the 14 million policies-in-force milestone. The Hixson, Tenn., native purchased the record-breaking policy after buying a new car the day before Valentine’s Day. GEICO is the second largest private passenger auto insurer in the U.S. according to 2015 market share […]
GEICO Sponsors Safety Training for Collision Repair Schools
S/P2 announced that GEICO has sponsored three modules in the S/P2 Collision program for career technical schools and students across North America. “GEICO sets the bar. They truly walk-the-walk when it comes to safety and pollution prevention,” said S/P2 President, Kyle Holt. “We’re proud to work with GEICO and all the companies that sponsor S/P2 […]
Largest Auto Insurers Added Market Share in 2015
The largest private passenger auto insurers in the U.S. gained market share in 2015. Growth continues long term trend. Since 2000, the largest private passenger automobile insurers have been growing their combined market share and more than half of all private passenger auto insurance in the United States is handled by just five companies. The […]
New York Attorney General Announces Tax Fraud Guilty Plea by Collision Repair Facility Owner
Long Island shop owner also expected to plead guilty to felony insurance fraud. Will pay $1.5 million in restitution. Attorney General Eric T. Schneiderman and Department of Taxation and Finance Commissioner Boone announced March 9 the guilty plea of Ronald Ustica, Jr., 47, owner of R&U Auto Body, Inc., headquartered in Merrick, N.Y.. Ustica pleaded […]
GEICO Names Nancy Pierce Senior Vice President
Nancy Pierce has been named senior vice president of GEICO. She will continue to have general management responsibilities for GEICO’s mid-Atlantic regional operations in Fredericksburg and Virginia Beach, Va. Pierce will also oversee the company’s commercial and motorcycle operations. “We’re fortunate to have someone with the tremendous depth and variety of experience that Nancy brings […]
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