A number of innovations in American history that initially seemed like good ideas turned out to be disasters. One notorious ...
Despite Bezos’s warnings, the S&P 500 has surged about 83% since November 2022, when he initially made his claims (2). This would certainly suggest the stock market sped up, not slowed down. However, ...
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A vicious cycle beats a virtuous one: How Warren Buffett’s Geico fell behind Progressive in the auto insurance race
While Geico was investing in marketing and neglecting IT, its rival Progressive was investing in technology and gaining ...
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A couple sold their car last year, but now Geico is saying the car got in an accident and they’re responsible
When you sell a car that you no longer need, you are supposed to be done with it and never have to worry about that vehicle again. For this TikToker, however, a year after she sold the SUV, Geico came ...
Read Todd Combs' goodbye letter to Geico employees after he quit Berkshire Hathaway to join JPMorgan
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The auto insurance industry is continuing to consolidate: According to the National Association of Insurance Commissioners, the five largest insurers accounted for nearly two-thirds (63.59%) of the ...
Ole Miss quarterback Trinidad Chambliss starred in a TV commercial for AT&T that began airing in December. Chambliss, a transfer from Division II Ferris State, was named SEC Newcomer of the Year in ...
ATLANTA — Georgia Insurance and Safety Fire Commissioner John F. King announced three companies are lowering rates for Georgia customers. The announcement from King’s office said Liberty Mutual and ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...
A controversial 140-year-old, only-in-New York law that holds property owners and contractors responsible for all falls on construction sites, even in instances of worker negligence, has caused ...
Virginia and Michael McGrath were surprised in late November when the retired West Islip couple got a letter notifying them that their health insurance bill would rise about 20% next year. Their plan ...
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