GEICO is celebrating its 83rd anniversary this month, and the insurer has released a statement that fondly looks back at its humble beginnings.
Government Employees Insurance Company (GEICO) was founded in 1936 by Leo and Lillian Goodwin to primarily offer insurance coverage to military personnel and other federal employees. By the end of its first year of business, GEICO had a staff of 12 and handled 3,700 policies.
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