Saturday, June 13, 2009

GEICO

GEICO stands for Government Employees Insurance Company. Leo and Lillian Goodwin established GEICO in the mid-1930s, selling auto insurance to federal employees and military officers in the Washington, D.C. area. GEICO enjoyed steady growth over the next several decades. In 1995, GEICO became a subsidiary of Berkshire Hathaway. GEICO is the fourth largest auto insurer in the U.S.
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