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Company: GEICO Casualty Company et al.
Current Parent Company:
Berkshire Hathaway
Parent at the Time of the Penalty Announcement:
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Penalty: $268,880
Year: 2024
Date: August 13, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: GEICO Casualty Company, GEICO General Insurance Company, GEICO Advantage Insurance Company, GEICO Choice Insurance Company, GEICO Secure Insurance Company, Government Employees Insurance Company, GEICO Indemnity Insurance Company and GEICO County Mutual Insurance Company agreed to pay a $268,880 penalty as part of settling alleged failures to properly handle total loss claims.
Level of Government: state
Action Type: agency action
Agency: Oregon Division of Financial Regulation
Civil or Criminal Case: civil
Facility State: Oregon
HQ Country of Current Parent: USA
HQ State of Current Parent: Nebraska
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.