GEICO unveils huge office closures, hundreds laid off

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The closures have resulted in hundreds of layoffs across the Golden State, according to the publication.

“We are monitoring to make sure consumers are protected,” California Insurance Deputy Commissioner Michael Soller said in a statement shared with The Sacramento Bee.

GEICO continues to write business in the state, a spokesperson reportedly confirmed.

“We continue to write policies in California and remain available through our direct channels to the more than 2.18 million California customers currently insured with us,” the company said in a statement.

An insurance agent told a reporter on Thursday that they had been “closed permanently” and were unable to write new policies.

The agent, who opened the door for less than a minute, said the closure was due to a decision by GEICO, not the independent local insurance agency, according to the report.

The carrier reportedly halted sales of new phone policies in the state a year ago, meaning consumers now only have online options if they want to purchase or maintain a policy.

“The company’s actions will make it harder for consumers to purchase GEICO policies, especially those who have computer difficulties or prefer to meet with an agent in person,” said former California Insurance Commissioner Dave Jones. The Sacramento Bee in an interview.

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