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Geico Loses Bid To Dismiss $70M SC Tax Collection Suit

By Ganesh Setty ( November 12, 2025, 5:03 PM EST) -- A nonprofit representing South Carolina's 271 incorporated municipalities can continue to pursue its claims that Geico failed to fully pay certain municipalities nearly $70 million in business license taxes and penalties, a South Carolina federal court ruled Wednesday, rejecting the company's position that the nonprofit lacks such tax collection authority....

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