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 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. “This will allow...
GEICO Denied Defense to Billions Owed in Auto Repair 'Scheme'
WEB3 days ago · GEICO didn’t have a statutory right to sue auto glass repair companies the insurance giant claims are running a billion-dollar scam in Florida, the state supreme court ruled in an opinion shooting down the company’s attempt to go beyond the text of state insurance law. The Florida justices agreed with a federal trial court and denied 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 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...
Geico Call Center Workers Nab Group Status in Combined Wage …
WEB2 days ago · Jennifer Bennett. Workers at a Geico call center in Georgia secured conditional collective status for their wage-and-hour suit against the insurance company following a federal judge’s decision to combine two pay cases. The new collective includes more than 500 people who already opted in and …
GEICO’s Executive Chairman Tony Nicely to Retire After Decades …
WEBDec 21, 2021 · WASHINGTON--(BUSINESS WIRE)--GEICO’s Executive Chairman Tony Nicely has announced he will retire from his role at the end of the year, concluding an illustrious 60-year career.
2022 Press Releases - GEICO
WEBJan 26, 2022 · 2022 GEICO press releases: Read about news, events, charitable activities, hiring, and safety tips from GEICO.