Geico Corp. News

Geico Must Face California Class Action Claiming it Overcharged on Car Insurance

A federal judge on Monday said a lawsuit accusing Geico Corp. of overcharging more than 2 million California policyholders on car insurance early in the COVID-19 pandemic may proceed as a class action. U.S. District Judge Beth Labson Freeman in …

CEO Says Allstate Likely to Grant Another Rebate as Pandemic Cuts Driving

Insurer Allstate Corp. will likely grant an additional rebate to auto insurance customers due to reduced driving during the coronavirus outbreak, Chief Executive Officer Tom Wilson said in an interview on Tuesday. A second round of rebates would be tailored …