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GEICO to Pay $23 Million for Delayed Payment to Motorist

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April 27, 2018—GEICO Insurance was ordered by an Orange County jury to pay a motorist $23 million, following a finding that the company allegedly delayed paying a $400,000 damage claim, reported the Orange County Register.

The injured driver, Omar Dauod, said the delayed payment cost him his business and forced him to sell two Orange County homes, according to the report.

In court documents, GEICO attorneys said Dauod delayed the filing of his claim by 14 months and noted it had paid the claim in full following arbitration.

 

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