Back to Local Business

GEICO to pay $1.65 million in settlement over insurance claims data disputes

A federal judge is expected to approve a settlement requiring GEICO to pay approximately $150 to 7,200 individuals who disputed inaccurate claims information in a national database.

Opal Keller

August 23, 20262 min read

insurance data settlement - illustration, Jake Team LLC

A federal judge in Maryland is scheduled to finalize a $1.65 million settlement in the case of Kohama v. GEICO. The agreement will provide checks of approximately $150 to roughly 7,200 people who previously disputed claims information associated with their insurance policies.

The court hearing for final approval is set for January 14, 2027, and class members have until October 20, 2026, to opt out of the settlement.

The lawsuit was filed in March 2024 in the U.S. District Court for the District of Maryland. Saki Kohama alleged that Government Employees Insurance Company violated the Fair Credit Reporting Act. The complaint stated that GEICO failed to properly reinvestigate and correct claims data it had submitted to LexisNexis’s C.L.U.E. database after customers raised objections.

The settlement covers individuals who disputed entries tied to GEICO between March 2022 and May 2026.

The C.L.U.E. database, or Comprehensive Loss Underwriting Exchange, tracks auto and home insurance claims filed by individuals or household members over a seven-year period. Unlike vehicle history reports tied to a specific VIN, this file is linked to the driver and is used by major insurers when setting or renewing rates. LexisNexis Risk Solutions manages the auto version of this data.

Individuals are legally entitled to one free copy of their report annually, similar to credit reports, though many drivers only learn of the file’s existence when their premiums increase.

The legal dispute centered on the obligations of data furnishers under federal law. The Fair Credit Reporting Act requires companies that submit information to these databases to reinvestigate disputes and correct or delete inaccurate entries.

The complaint alleged that GEICO’s responses to disputes often marked entries as verified or unverifiable without conducting a genuine review, even when the data did not belong to the policyholder or their household.

The consolidation of claims data in the United States has resulted in a market dominated by two primary vendors: LexisNexis and Verisk’s A-PLUS system. This structure emerged after Reed Elsevier, the parent company of LexisNexis, acquired ChoicePoint in 2008 for $4.1 billion.

Although the Federal Trade Commission filed an antitrust complaint regarding the deal, it was allowed to proceed after Reed Elsevier agreed to divest certain other business units, while the C.L.U.E. database remained intact.

Geico employs about 2,000 people in Richardson, according to local government records.

Source: Yahoo Finance.

Sources

https://finance.yahoo.com/small-business/articles/geicos-1-65-million-settlement-230000102.html

Share

Opal Keller

Opal Keller reports on local business, new openings, and economic development in Richardson.

Related Stories

Local Business

CAPA adds Caliber and GEICO executives to board

The Certified Automotive Parts Association announced the election of two new board members from the insurance and collision repair sectors.

Opal KellerAugust 26, 20261 min read

More in Richardson

Richardson

City Council Approves Service Center Roof and Maintenance Contract

The city council will consider a cooperative job order contract through the TIPS purchasing system for roof replacement, painting, wall sealing, window glazing, and control joint work at the service center. The approved amount is $415,077.32.

Reese PenningtonAugust 22, 20261 min read