Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI

Share!

Insurance Journal - May 05, 2025

He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the conglomerate’s personal auto insurer, GEICO, is no longer lagging behind competitors in several key areas. “[I]n the last seven q...

Read Full Article

Recommended Articles

Houthi Rebels Sink Ship in Red Sea, Killing at Least 4 With 11 Missing: EU Naval Mission

Posted: Jul 11, 2025

Four people are presumed dead and 11 others are still missing after a Liberian-flagged cargo ship sa...

Tesla Plans Robotaxi Expansion to California and Arizona

Posted: Jul 11, 2025

Tesla Inc. is aiming to bring its driverless taxis to California and Arizona as the carmaker plots a...

Questions Linger on Response to Deadly Texas Flash Flood

Posted: Jul 11, 2025

Key questions remain unanswered about the actions Texas officials took both before and during the ca...