Business
Geico closes all California locations, lays off more than 100
Geico is not providing in-person places to buy automobile and owners insurance coverage in California, the corporate’s web site exhibits.
The American insurance coverage large, which till not too long ago had places throughout Los Angeles, together with a department that opened in Burbank simply final 12 months, now lists zero obtainable brokers in California.
The Sacramento Bee reported Monday that Geico had closed every of its places of work within the state, leading to greater than 100 layoffs. The insurer’s web site confirmed no obtainable places or brokers as of Tuesday morning.
Places in Santa Monica, Hawthorne, Burbank and Torrance that have been all open not too long ago have been all listed as “completely closed” on-line.
Headquartered in Maryland and based in 1936, Geico is likely one of the largest auto and owners insurance coverage firms within the nation.
Geico didn’t instantly reply to a request for remark.