[BC] General Electric
Glen Kippel
glen.kippel
Sat Dec 30 16:21:48 CST 2006
OK -- I stand corrected. Or sit. Whatever. I was thinking of the
long-term assisted-living insurance some guy was trying to sell me a few
years ago. It was General Electric Insurance.
On 12/30/06, Ron Youvan <ka4inm at tampabay.rr.com> wrote:
>
> > AFAIK, GE still makes locomotive engines. And then, there is the
> General
> > Electric Insurance Company, better known as GEICO.
>
> I don't think so:
> Government Employees Insurance Company, usually known by the acronym
> GEICO, is an American
> auto insurance company. GEICO is a wholly owned subsidiary of Berkshire
> Hathaway and, as
> of 2006, provided coverage for more than 10 million motor cars, trucks and
> other motor
> vehicles owned by more than 7 million policy holders. GEICO writes private
> passenger
> automobile insurance in the District of Columbia and all U.S. states,
> except Massachusetts.
>
> GEICO was founded by Leo and Lillian Goodwin to market auto insurance
> directly to federal
> government employees and their families. GEICO was based on the assumption
> that such
> persons would constitute a more financially stable and less risky pool of
> potential
> insureds than the general public. After real-time access to computerized
> driving records
> became available in the 1970s throughout the United States, GEICO
> gradually began to
> insure the general public as well.
>
> from: http://en.wikipedia.org/wiki/GEICO
> Yes on locomotive engines.
> --
> Ron KA4INM
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