BRIEF

John Byrne was the executive credited with turning around auto insurer Geico Corp. He is in the news because he has died at age 80 of prostate cancer.

The article states John Byrne led the turnaround of auto insurer Geico Corp, a performance that drew major attention from investors and industry figures.

Warren Buffett bought Geico after Byrne’s turnaround and famously called Byrne “the Babe Ruth of insurance,” reflecting Buffett’s high regard for Byrne’s impact on the company.

The article reports that Buffett used the nickname “the Babe Ruth of insurance” to describe John Byrne, signalling Buffett’s strong praise for Byrne’s achievements in transforming Geico.

According to the article, John Byrne died of prostate cancer at the age of 80.

The article identifies Geico Corp as an auto insurer, the company John Byrne helped turn around.

No — the article does not provide any information about immediate effects on Geico’s business, operations, or stock price following John Byrne’s death.

The article itself covers Byrne’s death, his role in Geico’s turnaround, and Buffett’s comment, but it does not give further details or analysis; investors should look for follow-up reports and official company statements for more information.