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Basketball Fan Franchise Player
Joined: 03 Feb 2004 Posts: 24744
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Posted: Tue Aug 02, 2022 3:14 pm Post subject: GEICO closes all California offices, lays off workers |
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https://www.msn.com/en-us/money/news/geico-closes-all-california-offices-lays-off-workers-report/ar-AA10ci55?ocid=msedgntp&cvid=58c4eb8f73c9404caee16bddcddeff69
Quote: | GEICO closes all California offices, lays off workers: report
GEICO has reportedly closed all 38 of its agent offices in California, laid off hundreds of employees, and will no longer sell insurance through telephone agents in the state.
Californians can still obtain GEICO policies in the state, but only through a computer or a mobile device, posing a challenge for those who are not technologically proficient.
In this photo illustration, the Government Employees Insurance Company (GEICO) logo seen displayed on a smartphone. Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images
The precise reasons for the closures in California and massive layoffs remain unclear. FOX Business has reached out to the company for more information.
In a statement to the Sacramento Bee, a company spokesperson declined to elaborate on the changes, but clarified that GEICO was not leaving the Golden State.
"We continue to write policies in California, and we remain available through our direct channels for the more than 2.18 million California customers presently insured with us," the company told the paper.
The California Department of Insurance, meanwhile, told FOX Business it is following the situation closely.
"We are monitoring to make sure consumers are protected," CDI said in a statement.
"California has a strong insurance market with more than 130 companies competing for consumers’ private passenger auto business and more than 70 companies writing homeowners insurance," CDI said. "We encourage consumers to look at their options for coverage in California’s competitive marketplace." |
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non-player zealot Franchise Player
Joined: 05 Nov 2007 Posts: 21365
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Posted: Tue Aug 02, 2022 6:44 pm Post subject: |
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Prolly why the 24/7 assault of their dumbass commercials has screeched to a halt in the last number of months. The gecko ones are bad enough 40x a day, but the ones with painfully unfunny/dribble cup stupid premises are worse. An idiot demonstrating a ridiculous premise while others stand there watching him/her in puzzlement is a thoroughly tired commercial trend over the past 15-20 years, especially. Geico was far from the only corp to use that gimmick since 2000, but it's really offensive when the company in question makes a load of different commercials of that kind and you see them a dozen times a day. It's punishing to anyone except for those who think Larry The Cable Guy and Carrot Top are funny. Geico's ads of that type make me long for the Sonic fast food commercials featuring those two nerdy dudes. They've since done away with them, but continued to do the same commercials w/ other people. _________________ GOAT MAGIC REEL
SEDALE TRIBUTE
EDDIE DONX! |
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LakerLanny Retired Number
Joined: 24 Oct 2001 Posts: 47565
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Posted: Tue Aug 02, 2022 8:49 pm Post subject: |
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15 minutes won't save you 15% on car insurance. _________________ Love, Laker Lanny |
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venturalakersfan Retired Number
Joined: 14 Apr 2001 Posts: 144432 Location: The Gold Coast
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Posted: Wed Aug 03, 2022 7:04 am Post subject: |
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I’ve had Geico insurance for years and didn’t know where a local office was. Everything has been done online. _________________ RIP mom. 11-21-1933 to 6-14-2023. |
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DaMuleRules Retired Number
Joined: 10 Dec 2006 Posts: 52624 Location: Making a safety stop at 15 feet.
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Posted: Wed Aug 03, 2022 8:27 am Post subject: |
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I thought it was so easy even a caveman could do it. _________________ You thought God was an architect, now you know
He’s something like a pipe bomb ready to blow
And everything you built that’s all for show
goes up in flames
In 24 frames
Jason Isbell
Man, do those lyrics resonate right now |
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leor_77 Franchise Player
Joined: 23 Mar 2012 Posts: 21920
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Posted: Wed Aug 03, 2022 8:57 pm Post subject: |
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You can be sure they will cut costs by closing offices / laying off workers, while at the same time raise premiums. |
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unleasHell Franchise Player
Joined: 16 Apr 2001 Posts: 11591 Location: Stay Thirsty my Friends
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Posted: Thu Aug 04, 2022 7:13 am Post subject: |
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Did they fire the Gecko? _________________ “Always remember... Rumors are carried by haters, spread by fools, and accepted by idiots.” |
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jonnybravo Retired Number
Joined: 21 Sep 2007 Posts: 30621
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Posted: Thu Aug 04, 2022 6:58 pm Post subject: |
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venturalakersfan wrote: | I’ve had Geico insurance for years and didn’t know where a local office was. Everything has been done online. |
Same with me and Wawanesa. _________________ KOBE |
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