• Get A Quote
  • Vehicle Insurance
  • Auto
  • Motorcycle
  • ATV
  • RV
  • Boat / PWC
  • Commercial Auto
  • Property Insurance
  • Homeowners
  • Renters
  • Condo / Co-op
  • Mobile Home
  • Flood
  • Other Insurance
  • Umbrella
  • Life
  • Overseas
• Manage Your Policy
  • Make a Payment
  • Vehicle Insurance
  • Auto
  • Motorcycle
  • ATV
  • RV
  • Boat / PWC
  • Commercial Auto
  • Property Insurance
  • Homeowners
  • Renters
  • Condo / Co-op
  • Mobile Home
  • Flood
  • Other Insurance
  • Umbrella
  • Life
  • Overseas
• Claims Center
  • Report a Claim
  • Track a Claim
  • Find Repair Locations
  • Find Inspection Locations
  • About the Claims Process
  • Catastrophe Center
• Information Center
  • Product Information
  • About Our Products
  • Discounts
  • Payment Options
  • State Specifics
  • GEICO Programs
  • Military Personnel
  • Federal Employees
  • Resources
  • Insurance Terms
  • Safety Information
  • Car Buying & Financing
  • GEICO Publications
• About GEICO
  • Careers
  • Locations
  • Repair Locations
  • Inspection Locations
  • GEICO Offices
  • Partner with GEICO
  • B2B Services
  • GEICO Affiliate Program
  • Sponsored Marketing
  • About Our Company
  • Corporate Information
  • In the Community
  • Press Releases
  • Marketing
  • Commercials
  • GEICO Websites
  • GEICO Merchandise

GEICO announces two new officers: Bill Costa and Steve Riihimaki

WASHINGTON D.C., Nov. 15, 2007 – GEICO, the fourth-largest private passenger auto insurer in the U.S., recently announced two new corporate officers:

• Bill Costa, FCAS, of Silver Spring, Md., was named assistant vice president with responsibility for the newly-combined areas of underwriting operations control, research and competitive analysis in the underwriting, reserving and control department.
  
  
• Steve Riihimaki, FCAS, of Falls Church, Va., was named assistant vice president, with underwriting and pricing research responsibilities in the pricing and product management department.

Costa and Riihimaki will work together as co-leads of the new rating structure project.

Bill Costa

Costa joined GEICO in July 1986 as an actuary in the GEICO Indemnity actuarial department. He has had various responsibilities in pricing, reserving and research over the past 21 years. In 2002 he assumed leadership of the enterprise data warehouse. Since January 2007, Costa has been director of underwriting research.

Costa holds a bachelor's degree with a double major in physics and math from Wheeling Jesuit University. He is a Fellow of the Casualty Actuarial Society and member of the American Academy of Actuaries.

Steve Riihimaki

Riihimaki began his GEICO insurance career in December 1994 and has worked in pricing and reserving. He has managed rate reviews and filings for several states, including the recent negotiations with the California Department of Insurance.

Riihimaki holds a Bachelor of Arts degree from the University of Virginia, with a double major in math and economics. He is a member of the American Academy of Actuaries and a Fellow of the Casualty Actuarial Society.

"Bill and Steve both have the breadth and depth of experience we need in these positions," said Senior Vice President Bob Miller. "Their expertise will be of tremendous benefit to GEICO in their new roles."

About GEICO

GEICO (Government Employees Insurance Company) is the fourth-largest private passenger auto insurer in the United States. It provides auto insurance coverage for more than 8 million policyholders and insures more than 13 million vehicles. As a member of the Berkshire Hathaway group of companies, GEICO is rated A++ for financial stability by A.M. Best Company and ranks at the top of several national customer satisfaction surveys. For more information, go to www.geico.com.