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For Berkshire Hathaway owned GEICO ( NYSE:BRKA ) and Allstate ( NYSE:ALL ), the first quarter of 2015 was a surprisingly poor quarter for their auto insurance businesses. Claims related losses reduced GEICO’s first quarter pre-tax operating income by more than half, falling from $353 million in first quarter 2014 to $160 million this year. Meanwhile Allstate’s underwriting income fell from $183...

For Berkshire Hathaway owned GEICO, the first quarter of 2015 was not pretty. In the company's latest 10-Q filed with the SEC, the insurer experienced a significant jump in its loss ratio (the percentage of premiums spent on loss expenses) for the quarter, going from 75.8% in 2014 to 80.1%. Despite overall growth in premiums written and earned, the spike in claims-related expenses significantly...

Latest Analysis

Maryland is home to almost 6 million residents, of which over 4 million are licensed drivers. Drivers need to be aware that where they live and park their cars in Maryland can significantly impact their car insurance rates. We compared auto insurance costs using a representative pool of 12 sample drivers to see how much premiums could vary in the Old Line State based on location. We compared...Read more

Where a driver lives and parks their car can greatly impact their auto insurance rates beyond their own history of accidents and claims. We analyzed costs using four sample drivers as a benchmark to show Louisianians just how much rates could vary based solely on where they live. The four drivers were: a single 21-year-old man and woman who have had accidents, a 30-year-old married man, and 60-...Read more

Whether you own a 1994 Ford Mustang SVT Cobra, 1966 Ferrari 330 GTC, 1941 Willys Americar hot rod, original Model T from 1923, or other coveted collector car, you probably want to do everything you can to protect your investment and ensure many years of fun and enjoyment with your prized vehicle. That means keeping it clean, well-maintained and sheltered, as well as making sure you have the right...Read more


We studied auto insurance quotes in Missouri to determine which cities and insurance companies had the most affordable rates and which had the most expensive. The average auto insurance quote in The Show-Me State for our sample drivers was $438 for a basic policy. However, depending on which company Missourians insure with, rates can differ by as much as . That is why it is important for drivers...Read more