GEICO Executive Chair Tony Nicely retiring at the end of 2021

Geico Executive - Retirement

The announcement was made that he would be stepping down at the end of the year after a 60-year career. GEICO Executive Chair Tony Nicely has announced his retirement and that he will be stepping down from his position at the end of the year following his 60-year career in the industry. Before taking his current position with the insurance company, Nicely had been chair and CEO for 25 years. Under Nicely as CEO, chair and GEICO executive chair, the insurance company experienced its most powerful growth period, becoming one…

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Insurance job starting salaries rise as many insurers struggle to fill positions

Insurance job starting salaries - increase in money

Companies are finding it difficult to find enough applicants as they seek to hire in numbers. Insurance job starting salaries are on the way up at a number of insurers, particularly in locations that are proving especially difficult for filling positions. Even as the federal pandemic unemployment benefits have come to an end, insurers are still struggling. To boost appeal to applicants, many insurers have been advertising higher insurance job starting salaries. While some people are viewing this as an opportunity to start a new and rewarding career, others still…

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Insurance companies have teams ready for Hurricane Ida response

Insurance companies - hurricane damage

Home and auto insurers are confirming their availability for customers who need to reach them. Insurance companies always recommend that anyone affected by major events contact their insurers sooner rather than later. This is the case in the aftermath of Hurricane Ida as news releases remind policyholders of what they need to do to file a claim. GEICO has announced that its Response Team is in place and prepared to assist customers. This year, like last year, insurance companies face the additional challenge of helping their customers while preventing the…

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Geico to offer $2.5 billion in auto insurance credits due to coronavirus stay-at-home orders

Auto insurance credits - person riding motorcycle

The car insurer announced that it would be offering these discounts to motorcycle and vehicle policyholders. Geico announced this week that it would offer about $2.5 billion in auto insurance credits. The offers will go out to 19 million vehicle and motorcycle policyholders whose policies will renew between April 7 and October 7, 2020. The announcement was made by the car insurer in a published statement as well as in a tweet. The statement explained that Geico customers don’t need to take any additional action to take advantage of the…

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Will State Farm lose its US auto insurance dominance to Geico?

US Auto insurance - Hands and car

If current trends continue, the United States will have a new top vehicle insurer by 2022. For decades, State Farm has held onto the top spot among US auto insurance companies. That said, if recent trends keep up as they have been, it won’t be long before it loses its crown to a much younger rival. State farm has suffered business losses as a result of several steep rate hikes in recent years. The leader in US auto insurance has suffered steep losses after a spectrum of notably large rate…

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GEICO Insurance issues advice to drivers for the holiday season

GEICO Insurance - Driving on winter roads

The auto insurer is reminding drivers of the importance not to rush while on the road. GEICO Insurance has issued an official notice to the drivers it covers, reminding them of the importance of slowing down and driving safely even at this busy time of year. The insurer is urging motorists to remember what is truly important during the holidays. Throughout the end of November and all the way through December, many of us are rushing around trying to make sure our holidays will be the best ones yet. Whether…

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Best insurance workplace in Indianapolis title goes to GEICO

best insurance workplace industry jobs

A survey sponsored by The Indianapolis Star revealed that the insurer took the top spot for the third year in a row. GEICO has been recognized as the best insurance workplace in Indianapolis for the third year in a row, according to a news release. The title was given to the insurance company based on the results of an employee survey. The Indianapolis Star sponsored a survey issued to company employees throughout the city. The questions focused on a range of different workplace culture issues and how much employees felt…

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