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Law
fromwww.amny.com
11 hours ago

Restaurateur and friend of Eric Adams pleads not guilty to insurance fraud, alongside 2 men previously sued by GEICO | amNewYork

Zhan Petrosyants and two businessmen were indicted for insurance fraud and money laundering related to fraudulent claims against GEICO.
fromFortune
3 months ago

How Warren Buffett's Geico fell behind Progressive in the auto-insurance race | Fortune

Warren Buffett's failure to capitalize on the economy's digital shift over the last two decades has hurt his otherwise enviable track record as an investor. His blind spot regarding tech didn't stop at the stock market: It bled into how he ran Berkshire Hathaway's operating companies as well. Across many of his wholly owned businesses, Buffett neglected technological upgrades, and Berkshire's business value has suffered as a result.
Business
Business
fromBusiness Insider
3 months ago

Read Todd Combs' goodbye letter to Geico employees after he quit Berkshire Hathaway to join JPMorgan

Geico's CEO is leaving to join JPMorgan as head of its $10B Strategic Investment Group and to advise JPMorgan CEO Jamie Dimon.
Business
fromBusiness Insider
3 months ago

Meet the new leaders who'll be stepping up at Greg Abel's Berkshire Hathaway

Berkshire Hathaway promoted Nancy Pierce to Geico CEO and named new leaders as part of a management reshuffle before Greg Abel becomes CEO in January.
Business
fromBusiness Insider
3 months ago

A longtime Warren Buffett deputy is leaving to join JPMorgan

Todd Combs, CEO of Geico and one of Buffett's investment managers, is leaving Berkshire Hathaway to lead JPMorgan's $10 billion Strategic Investment Group.
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