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.
Californians can still obtain GEICO policies in the state, but only through a computer or a mobile device, posing a challenge for those who are not technologically proficient.
The precise reasons for the closures in California and massive layoffs remain unclear.
www.foxbusiness.com/economy/geico-closes-california-offices-lays-off-workers
Maybe California’s appeal is just becoming more selective.
h/t SG
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