Geico News
GEICO, Farmers, Travelers and More Rally Adjusters for Harvey Cat Losses
Teams of insurance adjusters from GEICO, Farmers, Travelers, USAA and State Farm mobilized in Texas on Aug. 25 even before Hurricane Harvey slammed into the Texas coast late that evening. The ...
Underwriting Losses Depress Berkshire Hathaway’s Q2 Profit
Warren Buffett's Berkshire Hathaway Inc. is finding it hard to grind out higher profits this year, in large part because of slumping results at its insurance businesses. Gains at the conglomerate's ...
Executives On The Move at GEICO, Great American, Ironshore and Markel
Great American Insurance Group hired three new executives for its Singapore branch. GEICO promoted two executives in its general council and claims divisions. Markel International named a new ...
Weaker Results at GEICO, Gen Re Dampen Berkshire Hathaway’s Q1 Profit
Berkshire Hathaway Inc , the conglomerate run by billionaire investor Warren Buffett, reported a 27 percent decline in first-quarter profit on Friday, and said a loss from insurance underwriting ...
Warren Buffett Preps for Massive Berkshire Hathaway Annual Meeting on Saturday
As the United States adapts to the presidency of Donald Trump and faces rising tensions abroad, Berkshire Hathaway Inc shareholders will descend on Omaha, Nebraska this weekend seeking reassurance, ...
Executives On The Move at Chubb, GEICO, Willis Towers Watson and Alliant
Chubb made two senior management appointments. GEICO promoted an executive involved with national claims operations. Alliant hired an insurance industry veteran with a background in energy and marine ...
Allstate, GEICO Execs Assume Chair Slots at Two P/C Insurance Research Institutes
Two executives – from Allstate and GEICO – have been named chairman of separate institutes focused on P/C insurance industry-related data. Floyd Yager senior vice president, property product ...
AIG Risk Transfer Deal Could Jeopardize Berkshire Hathaway’s Win Streak: Credit Suisse
Berkshire Hathaway Inc.'s record risk-transfer agreement with American International Group Inc. is so big that Warren Buffett's company risks posting its first annual underwriting loss since 2002 at ...