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BUFFALO, N.Y. (WIVB) – Geico is cutting its total workforce by 6%, laying off roughly 2,000 of its employees as of Thursday, according to a letter from the auto insurance company’s CEO. “This very difficult decision was not taken lightly. We recognize we’re saying goodbye to beloved colleagues and friends, and as a leadership team we are committed to supporting those affected in the days ahead,” CEO Todd Combs wrote in the letter, which was obtained by Nexstar’s WIVB.

Somehow, Warren Buffett believes that the federal government should cover all depositors, no matter how rich they are, even though the FDIC specifically states that it covers only $250,000, and that is what it charges insurance premiums on. Underwriting risks seems to be a foreign concept to Buffett. Warren Buffett said Saturday that it would have been "catastrophic" to let any Silicon Valley Bank depositors lose their money when regulators seized the troubled California lender.The fall of Silicon Valley Bank on March 10 triggered panic across the financial system. In a bid to restore calm, US officials made the controversial...

A Missouri woman was awarded $5.2 million in a settlement from insurance company GEICO after contracting a sexually transmitted disease from her partner in his vehicle, which was insured by the company, court documents show. The Missouri Court of Appeals upheld that award this week. The woman, a Jackson County resident, said she contracted Human papillomavirus (HPV) from her partner, according to court documents. On Tuesday, the Missouri Court of Appeals filed an opinion confirming the initial Jackson County Circuit Court arbitration award finding against GEICO. In February 2021, the woman -- anonymously identified in documents as M.O. -- submitted...

Geico may be on the hook for a $5.2 million legal settlement after a woman alleged she contracted a sexually transmitted disease in a car insured by the company. A Missouri court on Tuesday upheld a judgment that awarded the money to the woman, who is referred to "M.O." in court documents. M.O. claimed she caught the human papillomavirus (HPV) from having sex in 2017 with a male partner in his 2014 Hyundai Genesis, which was covered by Geico, according to a 2021 complaint. The woman, who learned she was infected with HPV in 2018, claimed the man knew he...

The Missouri Court of Appeals has affirmed that an insurance company must pay a $5.2 million settlement granted to a Jackson County woman who claimed she unwittingly caught a sexually transmitted disease from her former romantic partner in his car. In an opinion issued Tuesday, a three-judge panel found that the judgment entered against GEICO General Insurance Company through earlier arbitration proceedings was valid. The insurance companies sought to undo the action, claiming errors were made in Jackson County Circuit Court and the settlement agreement was not done in line with Missouri law. According to court papers, the woman, identified...

Given Sarsour’s record – supporting antisemite Louis Farrakhan, invoking “Jewish supremacy,” saying Zionists cannot be feminists, and supporting Palestinian terrorist Rasmea Odeh, this is an accurate representation of her views. Beyond that, she has publicly praised a misogynist and anti-gay Muslim cleric, Imam Siraj Wahhaj, as her mentor.

The pro-Palestinian activist has been widely accused of anti-SemitismProperty and casualty insurer GEICO landed in hot water with several Jewish advocacy groups this week after inviting pro-Palestinian activist and accused antisemite Linda Sarsour to headline a company event. Following backlash, the company owned by Warren Buffett's Berkshire Hathaway apologized and said it had scrapped the event. GEICO issued a statement Thursday apologizing for the company's "initial plan" to invite Sarsour to speak at its "internal event" celebrating Middle Eastern and North African (MENA) Heritage Month, adding that on Tuesday, they "quickly canceled the event."

Insurance company Geico suffered a data breach earlier this year that exposed customers’ driver’s license numbers for more than a month, according to a data breach notice filed with the attorney general of California. First reported by TechCrunch, Geico says in the notice that it has fixed the security issue that led to the breach. “We recently determined that between January 21, 2021 and March 1, 2021, fraudsters used information about you – which they acquired elsewhere – to obtain unauthorized access to your driver’s license number through the online sales system on our website,” the notice reads. “We have...

Berkshire Hathaway Inc has been sued by a New York bicycle courier company over an alleged illegal scheme to cheat employers buying workers' compensation policies. The complaint, filed late Friday by Breakaway Courier Systems, came as Berkshire's Applied Underwriters unit faces scrutiny over its workers' compensation policies, including some that have been banned by California, Vermont and Wisconsin. Breakaway, with about 300 employees, accused Berkshire and Applied of "siphoning" premiums through a web of illegal shell companies, with diverted premiums going to unlicensed out-of-state insurers. The plan amounted to a "reverse Ponzi scheme" where unsuspecting employers expecting to buy affordable...

Swedish rock band Europe, best known for their 1987 arena hit "The Final Countdown," are enjoying their biggest chart success ever - thanks to GEICO. Placement in the insurance agency's current "It's What You Do" campaign, where a bunch of office workers wait around as an employee heats up a burrito while the band rocks out in the corner, has vaulted the song to Number 1 on multiple Billboard charts. Last month, Billboard reported that "The Final Countdown" spent four weeks atop its Hard Rock Digital Songs chart, giving the band their first Number 1 in their career. "The Final...

The Geico commercial featuring Fresno native Ickey Woods not only has gone viral but it's also introduced the Edison High grad to a new generation. FRESNO, Calif. (KFSN) -- The Geico commercial featuring Fresno native Ickey Woods not only has gone viral but it's also introduced the Edison High grad to a new generation. Ickey was very surprised by the popularity of his commercial. It has thrust him back into the national spotlight. 25 years have passed since Ickey has done the shuffle on the field for the Bengals. He still lives in the Cincinnati area. Woods said, "Now I'm...

Kicking off the annual Labor Day Friday News Dump, Chelsea Clinton has announced, via People, that she will no longer pretend to be a reporter. The once (and future?) First Daughter has been a “special correspondent” for NBC News since 2011, when she was dubbed, following her debut, “one of the most boring people of her era.” For the occasional feel-good segment or interview with the CGI Geico gecko, Clinton earned a reported annual salary of $600,000, or approximately $26,724 for every minute she was on-air.

Supposedly an alien craft that recently crashed near Irkutsk, Siberia resulted in a dead alien-type critter lying dead in a snow bank... Hmmm, looks convincing... and convincingly dead: [video] Hard writing this one off to vodka hallucinations... but still, many have already dismissed this one as an elaborate hoax... we get too much of this stuff from Russia, it seems. Video/more/links at Reaganite Republican

Have you seen GEICO's latest commercial? Where the gecko drops his tea bag in Boston Harbor and declares "I guess this party's over"? Between President Obama, his Democratic allies and operatives including the mainstream media and the Republican establishment, the Tea Party has become a quite popular and very easy target. To hear them tell it, it is the root of all evil and all that is wrong with American politics and our political discourse today. And this is what we've come to in the age of Obama. The declaration of the end of the great American experiment in self-governance...

Indiana Gov. Pence joined GEICO Chairman Tony Nicely to announce the company’s plans to locate a customer service center in the Indianapolis metropolitan area, creating up to 1,200 new jobs by 2016. The Washington, DC-based auto insurer will invest millions of dollars to lease, renovate and equip 109,000 square feet of space in the area. The new office, which is expected to be operational by late April, will house professional insurance agents, their training and supervisory teams and additional management and support staff. --snip-- The Indiana Economic Development Corporation offered GEICO up to $10,000,000 in conditional tax credits and up...

TUPELO, Miss., - A conservative Mississippi website is objecting to a Geico ad for depicting "bestiality" in the form of showing a pig on a date with a woman. One Million Moms, a website run by conservative Christian group American Family Association, said the Geico ad shows Maxwell the Geico pig parked in a car with a woman and "the girl appears to be turned on by the pig." "She hints that she wants to make out. She is disappointed when she learns the tow truck is on the way and they won't be able to 'pass the time,'" the...

GEICO Insurance Cultural Marxist Hypocrisy – Gun Manufacturer Auto Policy Cancelled Because He Is In Firearm Business…. Because he makes gun parts for a living this policy holder received a letter from GEICO cancelling his auto insurance. The letter says his auto insurance is being cancelled because he owns a company that manufactures parts for firearms:(fyi, to insure the authenticity I have submitted a copy along with a request for verification to GEICO via email – we’ll see their response)“The reason for cancellation is your vehicle [...] does not meet our underwriting guidelines because it is used in conjunction with a...

Let the Chase for the 2012 trophy begin! It's ChicagoLand first up .. don your flak vests and extra absorbent Depends and get ready to boogie!!! AS always , this race thread is dedicated to those who serve and have served our flag and nation, many giving the ultimate sacrifice. Godspeed.

“Full Metal Jacket” star and Geico's “Therapist Sarge” R. Lee Ermey said the insurance giant fired him from his commercial spot for speaking out against President Barack Obama, according to a report from TMZ. Ermey played a former drill sergeant in the commercial, where he called a weeping man a “jackwagon” before throwing a box of tissues at the man in a hilarious and popular commercial for Geico.