GEICO
Insurance Department Must Protect Public’s Right to Scrutinize Insurance Rate Increases Consumer Watchdog Says in Letter to Commissioner Lara After Abrupt Approval of GEICO...
Los Angeles, CA – The California Department of Insurance has approved a $268 million increase in auto insurance premiums for GEICO customers without following the public participation requirements of Proposition...
California Commissioner Withholds Auto Insurance Rate Approvals, Rattles Market
By Renée Kiriluk-Hill, BESTWIRE
August 10. 2022
https://news.ambest.com/NewsContent.aspx?&refnum=243607
California Insurance Commissioner Ricardo Lara is pumping the brakes on private passenger auto rate hike requests from carriers, including Geico, which he said overcharged...
Consumer Watchdog Challenges $268 Million GEICO Auto Insurance Rate Hike & Job- and Education-Based Insurance Rate Discrimination
Los Angeles, CA – Insurance Commissioner Ricardo Lara should reject GEICO’s proposed $268 million auto insurance rate hike and its job- and education-based discriminatory rating system, wrote Consumer Watchdog...
GEICO Closes California Offices, Ends Telephone Sales Here
By Carolyn Said, SAN FRANCISCO CHRONICLE
August 2, 2022
https://www.sfchronicle.com/bayarea/article/GEICO-closes-California-offices-ends-telephone-17347208.php
GEICO, the nation's second-largest auto insurer, is limiting its physical presence in California and eliminating telephone sales of new policies here.
The company...
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