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Online mystery-ak

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The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Offices an
« on: August 02, 2022, 02:18:57 pm »
The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Offices and Laying Off Workers
 By Steve Straub
Published August 2, 2022 at 5:46am

It looks like the gecko has finally had enough of leftist California and it’s crazy anti-business policies.

The insurance giant is eliminating any physical presence in the once golden state, closing all 38 of it’s offices and laying off hundreds of employees.

While residents of California will still be able to get insurance, file claims and more from Geico it will all have to be done online moving forward.

Via Fox News:

Quote
“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.

more
https://thefederalistpapers.org/us/gecko-finally-enough-insurance-giant-geico-flees-california-closing-offices-laying-off-workers
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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #1 on: August 02, 2022, 03:12:28 pm »
Huh.  Geico loves government, it's right there in the name:  Government Employees Insurance Company.
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Online Smokin Joe

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #2 on: August 02, 2022, 03:35:20 pm »
Maybe the lizard had had enough of being Newsomed.
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Online IsailedawayfromFR

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #3 on: August 02, 2022, 08:25:21 pm »
Not even Hollywood likes California any more as a lot of films are made elsewhere
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Offline DefiantMassRINO

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #4 on: August 02, 2022, 09:41:24 pm »
Many films are lured to Massachusetts by tax breaks.

The only thing California has going for it is that its a phenominal place to make S'mores because of the wildfires.

Good thing the lefty loonies protected those trees from lumberjacks for the spotted owls.  Oh, wait, those wildfires also make those spotted owls homeless?  Still, to the moonbats, it's better to have the trees burn than to have evil corporations make profits, provide jobs, and pay taxes.
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Offline libertybele

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #5 on: August 02, 2022, 09:54:55 pm »
The insurance industry IMHO in general is in trouble.  Lot's of insurance companies have pulled out of FL and/or have been downgraded and therefore don't qualify as adequate coverage to mortgage companies. The insurance industry says that it is due to fraud.  I'm not so sure I agree with that.  Yes fraud plays a role, but what about all the people who have paid their premiums for years and have never made a claim??  Then there are those who have paid their premiums for years and go to make a claim only to find out that it will be months before they see a dime, or the insurance company finds some loophole not to pay.  I've seen it happen to a couple of people. (I'm only basing this on what I've seen happen in FL.)

I don't even know if GEICO writes homeowner's insurance in FL, but I've always associated them with car insurance.

Though annuities are technically not insurance, I believe that, that maybe the next industry to take a hit.  Lot's of pensions funds and retirees have put $$ into annuities and they are paying out at a higher rate than I believe can be sustained right now. Lot's of boomers are retired or are soon to retire.  Just my opinion.
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Offline catfish1957

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #6 on: August 02, 2022, 10:41:50 pm »
Quote from: Smokin Joe on August 02, 2022, 03:35:20 pm
Maybe the lizard had had enough of being Newsomed.

Wish the next lizard ad installment would be a smeared green spot on the pavement.

Past annoying.
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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #7 on: August 02, 2022, 10:49:12 pm »
Quote from: catfish1957 on August 02, 2022, 10:41:50 pm

Wish the next lizard ad installment would be a smeared green spot on the pavement.

Past annoying.
I agree. The commercials are for children, or for adults who still think as children. Why the hell would I buy insurance from a Lizard or an Emu?

And when they try so hard to anthropomorphize these things and make them into humans and spokesmen it is beyond insulting to me.
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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #8 on: August 02, 2022, 10:58:11 pm »
Quote from: Cyber Liberty on August 02, 2022, 03:12:28 pm
Huh.  Geico loves government, it's right there in the name:  Government Employees Insurance Company.
I was with Geico when I was a Gov Employee. At that time, you have to provide proof that you worked in government.
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You cannot "COEXIST" with people who want to kill you.
If they kill their own with no conscience, there is nothing to stop them from killing you.
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Offline sneakypete

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #9 on: August 02, 2022, 11:50:23 pm »
I think this is probably an excellent time to start pricing Ca beach front and other property.

Once all the lefties leave due to all the taxpayers leaving their properties in foreclosure and move somewhere their beloved policies have not yet been put into place,anybody with spare cash will be able to buy what was once prime property for a dime on the dollar.

Yeah,the houses have been trashed. So what? If it is truly trashed and it would cost more to repair it than it would to put up a new house,get the local Fire Dept to burn it down for you as a training aid for them,and your property taxes will drop until you build a new house there or sell the cleared lot for mega-bucks.
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Offline corbe

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #10 on: August 03, 2022, 12:06:08 am »
   I would surmise that Insurance Companies as a whole, particularly Life Insurances, is in for a world of continued hurt and they can't sue Pfhizer, moderna or J&J so they're really pizzed off.
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Offline Kamaji

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Re: The Gecko Has Finally Had Enough, Insurance Giant Geico Flees From California Closing All Office
« Reply #11 on: August 03, 2022, 06:16:49 am »
Quote from: 240B on August 02, 2022, 10:58:11 pm
I was with Geico when I was a Gov Employee. At that time, you have to provide proof that you worked in government.

That was a long time ago.  GEICO coverage isn’t limited to government employees anymore. 
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