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GEICO Receives Accolades for Outstanding Financial Results

BUSINESS WIRE Insurance Related
Published: Thursday, July 17, 2008 

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Ward's 50 Benchmark Group Recognizes Insurer for 18th Consecutive Year

GEICO Communications

301-986-3271

Logo: http://www.geico.com

While GEICO remains the nation's fastest growing auto insurer, it continues to ensure its policyholders receive the very best care and protect its financial base at the same time. The insurance company was named to the exclusive Ward's 50 Benchmark Group, a prestigious industry ranking based on financial results, for the 18th consecutive year.

As the trusted leader of benchmarking and best practices services for the insurance industry, Ward Group annually reviews the financial performance of insurance companies in the areas of safety, consistency and performance. Insurers in the Ward's 50 Benchmark Group are internationally recognized as the top-ranking companies for superior financial performance. GEICO is one of only five property-casualty insurers named to Ward's 50 for 18 consecutive years.

"Being recognized by Ward's for the 18th year in a row is a true testament to our associates' untiring commitment to our policyholders," said Bill Roberts, executive vice president. "We hope our policyholders understand that they can not only depend on us for our claim-paying abilities, but also for our service and our competitive prices."

GEICO (Government Employees Insurance Company) is the third- largest private passenger auto insurer in the United States based on the latest 12 months written premium. It provides auto insurance coverage for nearly 8.5 million policyholders and insures more than 14.4 million vehicles.

In addition to auto insurance, GEICO offers customers insurance products for their motorcycles, all-terrain vehicles (ATV's), boats, homes, apartments and mobile homes. Commercial auto insurance and personal umbrella protection and life insurance are also available.

As a member of the Berkshire Hathaway group of companies, GEICO is rated A++ for financial stability by A.M. Best Company and ranks at the top of several national customer satisfaction surveys. For more information, go to http://www.geico.com.

(c) 2008 BUSINESS WIRE. Provided by ProQuest Information and Learning. All rights Reserved.

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