Auto insurer GEICO announced it is recruiting new staff with a plan to add 70 employees to its Fredericksburg, Va., office by the end of this year.

Five New Jersey residents were indicted by separate grand juries for falsely reporting the theft of their cars, which had actually been instead sold to undercover police officers.

Auto insurer GEICO is adding 300 jobs over the next three years through a new, $2.4 million expansion of its operations in Amherst, N.Y., which will serve as a backstop …  Read →

Progressive Insurance, which sells through agents and directly to consumers, is explaining its decision to halt any advertisements appearing on the Glenn Beck Program, a cable TV program.

Glenn Beck …  Read →

Virginia Farm Bureau Insurance has been named to the Ward’s 50, a list of the top property-casualty insurers in the nation based on safety, consistency and performance over a five-year …  Read →

Warren Buffet, the billionaire chairman and CEO of Berkshire Hathaway, says life insurers took “crazy” financial risk by selling variable annuities with unrealistic promises.

Warren Buffet

“I always thought they were …  Read →

People who make less than $50,000 a year, are divorced or don’t bundle their auto and homeowners insurance coverage are most apt to switch insurance carriers, new research suggests.

In the …  Read →

An employee of a Somerset County, N.J., bus company faces multiple charges, including third-degree insurance fraud, for allegedly lying about coverage on several buses.

A county grand jury indictment alleges that …  Read →

A couple from the Hawaiian island Kauai was sentenced to jail for insurance fraud and theft of more than $6,000 from GEICO Casualty.

In May 2006, Clifford Cabinatan intentionally damaged his …  Read →

Admiral Americas, one of England’s largest automobile insurers, has announced plans to open a direct-to-consumer auto insurer operations center in Richmond, Va., later this year.

The operation would open with between …  Read →