Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp, are short-changing customers on premium rebates as Americans drive less due to stay-at-home orders aimed at curbing the coronavirus outbreak. …
DETROIT — Interstates and city streets are empty and cars are quarantined in their owners’ garages, so consumer advocates argue that it only makes sense for auto insurance rates to reflect that. In the states of Washington and New York, …
Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcycle policyholders, reflecting the decline in driving stemming from the coronavirus pandemic. The …
When he’s not managing a $14 billion stock portfolio for Warren Buffett, Todd Combs will now also be running the second-biggest U.S. auto insurer. Berkshire Hathaway Inc. tapped one of its two key investing deputies to replace Bill Roberts as …
TrustLayer Teams with Building Partnerships TrustLayer, a San Francisco-based insurtech startup, announced that it has formed a partnership with Building Partnerships to distribute a technology that verifies certificates of insurance and other business documents. TrustLayer said the Builder Partnerships network …
Berkshire Hathaway’s GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting for years. GEICO has been one of the few among the top 10 largest personal auto insurance carriers without a …
The nation’s largest insurer has stepped up its investment in telematics, announcing this week an upgrade to its usage-based insurance program that allows policyholders to check on their driving habits trip-by-trip instead of waiting for a periodic score card. State …
GEICO Breaks Ground on New Location, Plans to Ramp up Hiring Upon Completion GEICO broke ground at its new location in The Bridges and laid out plans for future hiring when the complex is completed next year. GEICO President and …
The Dentists Insurance Company Names Spinelli Chief Executive Officer The Dentists Insurance Company, Northwest Dentists Insurance Company and Dentists Benefits Insurance Company boards of directors announce the appointment of Bob Spinelli as their new president and chief executive officer. In …
Navigators Announces Promotions Joe Savarese has been promoted to president, U.S. Specialty Primary Casualty. He will be responsible for driving the strategy and development of Navigators’ Specialty Primary Casualty product portfolio across the U.S. wholesale market. Since joining Navigators in …