Press Releases - GEICO
WEBCheck out our press releases for GEICO news including the latest information about insurance products, associates and officers, hiring, safety tips, and more.
Geico confirms significant layoffs, pushes for return to office
WEBGeico confirms significant layoffs, pushes for return to office. Story by Douglas Jones. • 11mo. I nsurance giant Geico said it will lay off about 6% of its total workforce — or about 2,000...
Berkshire Hathaway is outperforming in turmoil, but Geico is in …
WEBMay 4, 2023 · Geico, viewed as the crown jewel of Berkshire’s insurance empire, has found itself in a bit of a trouble recently after losing market share to its best competitor, Progressive, in 2022 with a...
GEICO Deploys Catastrophe Response Team Ahead of Hurricane …
WEB1 day ago · As a backup, add the GEICO Claims phone number to a contact list: Customers can also file a claim by calling 1-800-841-3000. Create an evacuation plan ahead of time: Identify a safe place that is ...
GEICO Lays Off 6% of Workforce and Will Require More In-Office …
WEBOct 20, 2023 · In a letter to employees, GEICO president and chief executive officer Todd Combs said the Berkshire Hathaway company is laying off 2,000 associates, or about 6% of the workforce.
GEICO lays off 6% of workforce, prioritizes return to office
WEBOct 19, 2023 · Auto insurance giant GEICO will lay off 2,000 staff, or 6% of its workforce, and has issued a return to office mandate, the insurance company’s CEO Todd Combs said in a letter to employees sent...
2022 Press Releases - GEICO
WEBJan 26, 2022 · 2022 GEICO press releases: Read about news, events, charitable activities, hiring, and safety tips from GEICO.
Geico won't face class-action claims it overcharged drivers during ...
WEBMarch 12 (Reuters) - Geico, the car insurer owned by Warren Buffett's Berkshire Hathaway (BRKa.N), will not face class-action claims as it defends against a lawsuit alleging it overcharged...
GEICO Announces Tangela Richter as Chief Legal Officer - Yahoo Finance
WEBWASHINGTON, March 06, 2024 -- (BUSINESS WIRE)--GEICO announced Tangela Richter has joined the company as its new Chief Legal Officer, reporting to Chairman, President & CEO Todd Combs. Richter...
GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee …
WEBFeb 25, 2024 · A 2023 pretax underwriting profit of $3.6 billion, reversing a $1.9 billion underwriting loss reported for 2022 at Berkshire’s personal auto insurance operation, GEICO, and fueling a $5 billion pretax underwriting profit for all of Berkshire Hathaway’s insurance operations last year.