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GEICO closes California insurance offices, lays off hundreds. State is ‘monitoring’
sacbee ^ | 08/01/22 | Randy Diamond

Posted on 08/01/2022 6:33:46 PM PDT by hapnHal

GEICO has closed all of its 38 California agent offices that sell auto and homeowners policies and other lines and has also ended the practice of selling insurance through telephone agents in the state.

Three offices in Sacramento, one in Roseville, three in Fresno and one in Modesto were among offices that have closed in the last few days. The closures are resulting in more than 35 layoffs in the Sacramento area and hundreds statewide.

The GEICO office in Roseville only opened in July 2021. GEICO put out a press release at the time saying it would meet the insurance needs of all Placer County residents.

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(Excerpt) Read more at sacbee.com ...


TOPICS: Business/Economy; News/Current Events; US: California
KEYWORDS: badbusiness; california; chat; localnews; looters; thieves
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To: hapnHal

Too many illegal aliens living in California, and driving on California streets.
What insurance company in their right mind would want to insure them, or pay for the all of the auto damage/medical expenses of the traffic accidents that they cause?
California is hemorrhaging tax-paying citizens and corporations to other states.


41 posted on 08/01/2022 9:04:31 PM PDT by Americannae1362
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To: hapnHal

Question? If you are insured with GEICO and have an accident will GEICO take care of your claim? Will body shops do a GEICO claim?


42 posted on 08/01/2022 9:18:17 PM PDT by hapnHal
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To: ought-six

My broker told me that insurance companies are declining to renew tow companys as tow companies, they have to become auto haulers and stop all tow operations.

I’m trying to trace what bs law CA implented that would result in this.

Can we bugs bunny the state and saw it off into its own island?


43 posted on 08/01/2022 9:31:31 PM PDT by SPDSHDW (Buy JHP ammo, Level 3/4 armor and rifles. Won’t be able to for much longer, and we’re gonna need em)
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To: hapnHal
1. GEICO is already more evil than most insurance companies - they are known to hand out free radar and lidar guns to police agencies for speed enforcement, but:

2. “The company’s actions will make it harder for consumers to buy GEICO policies, particularly those who are computer challenged or prefer to meet an agent in person”, said former California Insurance Commissioner Dave Jones in an interview. You know, if you're still computer challenged forty three years after the Apple II showed up and it's not due to an actual disability, not being able to buy insurance from a single company is probably the least of your problems.

44 posted on 08/01/2022 10:09:42 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: hapnHal

They’re not pulling out of the state entirely, they’re just closing the sales offices. Claims and payment are already dealt with online and over the phone *anyway*.


45 posted on 08/01/2022 10:10:45 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: ncfool

Nail on the head!


46 posted on 08/01/2022 11:13:21 PM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: CaptainK

I think the first were Uber and Lyft.


47 posted on 08/01/2022 11:14:48 PM PDT by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: Jane Long

No, I’m in Manila!
Just noting that in some ways California is worse off even than here.


48 posted on 08/01/2022 11:28:25 PM PDT by buwaya (Strategic imperatives )
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To: hapnHal

hope they close down everywhere, scumbags


49 posted on 08/01/2022 11:46:32 PM PDT by wafflehouse ("there was a third possibility that we hadn't even counted upon" -Alice's Restaurant Massacree)
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To: The Louiswu

Winner 🏆


50 posted on 08/02/2022 12:50:54 AM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: dfwgator

Gecko out front should have told you


51 posted on 08/02/2022 12:51:40 AM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: Adder

Will the last businessman out of Commiefornia please bring the flag.


52 posted on 08/02/2022 3:40:35 AM PDT by Highest Authority (DemonRats are pure EVIL)
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To: hapnHal

“Gov Employee Insurance Co”
This is what GEICO really stands for.


53 posted on 08/02/2022 6:07:31 AM PDT by Zathras
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To: hapnHal

How can the state of California complain, with Lefties in the Tech industries backing so many bad policy moves by California, and GEICO is merely following their lead - making GEICO a “remote access” company. Isn’t that what California and it’s big big Tech companies want???


54 posted on 08/02/2022 7:22:11 AM PDT by Wuli
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