GEICO Credit Reporting Class Action Settlement
Case Overview
Government Employees Insurance Company (GEICO), a Berkshire Hathaway subsidiary that sells car insurance across all 50 states, reached an agreement to pay $1.65 million to settle a class action lawsuit. The allegations centered on GEICO's failure to properly investigate and correct inaccurate insurance details that were shared with the consumer reporting agency, LexisNexis Risk Solutions.
The lawsuit alleged that GEICO violated the Fair Credit Reporting Act by neglecting to properly reinvestigate consumer disputes routed through LexisNexis and by failing to correct or flag disputed information that remained on the class members’ C.L.U.E. reports. This applied to disputes filed between March 13, 2022, and May 1, 2026, concerning information not belonging to the consumer or household member, or reflecting a mixed file, where LexisNexis identified GEICO as the source, and GEICO never corrected or removed the information.
Under the settlement terms, each eligible class member is estimated to receive $150, though the final amount depends on participation. Affected individuals who do not wish to be part of the settlement must exclude themselves by October 20, 2026, and objections must be filed by October 31, 2026. Eligible members who take no action will automatically receive a payment, and no claim form is required.
Who May Qualify
Individuals who filed one or more disputes through LexisNexis Risk Solutions between March 13, 2022, and May 1, 2026, involving information linked to their C.L.U.E. report that was not attributable to them or a household member or reflected a mixed file, where LexisNexis identified GEICO as the source of the information, LexisNexis’s response indicated the information was “unverifiable” or “accurate,” GEICO never had the information corrected or removed, and the information remained on the consumer’s C.L.U.E. report, and the consumer is included in the settlement class list GEICO generated.
Frequently Asked Questions
Who is eligible for this GEICO settlement?
The settlement benefits individuals who submitted one or more disputes through LexisNexis Risk Solutions between March 13, 2022, and May 1, 2026. The dispute must involve information on a C.L.U.E. report that was not from the consumer or a household member, or that was a mixed file, and where LexisNexis identified GEICO as the source, but GEICO never corrected or removed the information.
What do I need to do to receive my payment?
No claim form is necessary for this settlement. Eligible class members who do not take any action will automatically receive a payment. However, if you do not qualify, you should not file a claim.
What are the important dates for this settlement?
The deadline for individuals to exclude themselves from the class action settlement is October 20, 2026. The deadline for filing an objection is October 31, 2026, and a final fairness hearing is scheduled for January 14, 2027.
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