Geico News
Berkshire Hathaway Operating Profit Drops; Insurance Results Disappoint
Warren Buffett's Berkshire Hathaway Inc on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its ...
Berkshire Hathaway Reinsurance P/C Premiums Jump, and Other Q3 Earnings Takeaways
For Berkshire Hathaway Inc., profits from its stake in Kraft Heinz Co. were better late than never. Almost a third of the jump in Berkshire's third-quarter earnings came from finally recording its ...
Executives On The Move at GEICO and Lockton
A rising GEICO executive will now be assistant vice president of the insurer's product management division and be based at corporate headquarters. Lockton is hiring a Marsh veteran to be executive ...
GEICO, Following Progressive and Others, Adds Telematics to Track Driver Behavior
Berkshire Hathaway's GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting for years. Berkshire Hathaway's GEICO has been one of ...
Higher Claims Dampen Berkshire Hathaway’s Insurance Underwriting Profit
Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the ...
Executives On The Move at Willis Towers Watson and GEICO
Willis Towers Watson named a new head of Construction Broking in North America. GEICO has its latest president in charge of claims operations, after promoting from within.
The Latest Launches From GEICO and Great American Insurance Group
GEICO's insurance agency arm is teaming with Jewelers Mutual Insurance Group to offer its customers a separate jewelry insurance policy. Great American Insurance Group's Alternative Markets Division ...
‘I Worry Much More About Progressive’ Than Tesla, Buffett Says
Berkshire Hathaway Chair Warren Buffett said he isn't worried about recent assertions by Tesla Chief Executive Elon Musk that the electric car maker could offer a more compelling insurance product ...