Subject: Re: Some serious criticism of Todd Combs
This is old analysis as it was the case a year ago. According to Ajit that gap with Progressive has been reduced a lot, GEICO is doing much better with Telematics specifically and seeing strong results from its recent large investments in technology in general. GEICO just came off a stellar, much improved Quarter. Still work to be done, but GEICO is the Comeback Kid in 2024. And, yes, lay-offs aren’t fun and hurt morale.
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