Geico News

Big 3 Drive Personal Auto Insurance Recovery; Signs of Rate Hike Fatigue Ahead

Steady improvement for U.S. personal auto insurance companies has culminated in the sector's best underwriting performance in 10 years, according to a report from Fitch Ratings. The market ...

Executives On The Move at GEICO, MAPFRE USA and Church Mutual

GEICO named its new vice president of marketing, having promoted from within. MAPFRE USA hired two executives to join its senior leadership team. Church Mutual Insurance Company made a number of ...

Berkshire Hathaway’s Q3 Profit Gains Spanned Insurance and Everything Else

Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance business dodged hurricanes and benefited from ...

S&P Ratings Outlook Improves for Berkshire Hathaway Insurance Subsidiaries

Berkshire Hathaway's insurance subsidiaries are the beneficiaries of an improved ratings outlook from Standard & Poor's Global Ratings. S&P said it revised its outlook to stable from negative ...

Hurricane Florence Nears the Mid-Atlantic Coast, as the P/C Industry Keeps Watch

Insurers, catastrophe modelers and brokers are scrambling to prepare for and keep up with Hurricane Florence. The massive storm is slated to bring heavy winds and rainfall to the southeastern and ...

W.R Berkley, Travelers, GEICO Among 12 New Members of The Institutes RiskBlock Alliance

Twelve more companies have joined The Institutes RiskBlock Alliance, which is billed as the risk management and insurance industry's first enterprise-level blockchain consortium. The membership level ...

Berkshire Hathaway’s Insurance Underwriting Returns to Profit, Driving Successful Q2

This year's looking brighter for Berkshire Hathaway Inc.'s insurance businesses after 2017's hurricanes led to the first annual underwriting loss in more than a decade. Auto insurer Geico and the ...

Executives On The Move at Tokio Marine HCC and GEICO

Tokio Marine HCC promoted a number of executives within its Specialty Group. GEICO promoted an up-and-coming executive on the East Coast.

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Tokio Marine HCC ...