A GEICO insurance office is shown from the outside. According to the Q2 2022 LIST Report on U.S. Auto Insurance from J.D. Power and TransUnion, while rival Progressive has historically trailed Geico in quote volume, they surpassed them in May and June as Geico's quote numbers fell. (Credit: Jonathan Weiss/Shutterstock.com)

All 38 California Geico offices have been shuttered and phone sales in the state have halted. According to a statement provided to the Sacramento Bee, hundreds of employees have been laid off as a result. However, the statement also offered assurances the insurance company will continue to write policies and service current customers in the state through direct channels.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brittney Meredith-Miller

Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].