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USAA President, CEO Peacock Retiring in 2025

Aug 20 2024 // USAA announced that its chief executive officer and president, Wayne Peacock will retire during the first half of 2025, after 36 years at the company—serving the last five as CEO. In a letter Peacock sent to USAA...

USAA Renter’s Insurance Policyholder Charged with Multiple Counts of Fraud

Jul 24 2024 // Maryland Attorney General Anthony G. Brown reports that a grand jury for Prince George’s County has handed down two indictments charging an Upper Marlboro woman with insurance fraud. According to Brown, Rhonda Keisha...

Former USAA CEO Robles, 78, Dies

Jul 8 2024 // Former USAA chief executive officer Josue “Joe” Robles Jr., 78, died July 4. In a post to X, the company said: “Joe was a soldier at his core, and his service included multiple deployments and several...

After First Net Loss Since 1923, USAA Back to Profit in 2023

Jun 3 2024 // USAA on Friday said it recorded net income for 2023 of about $1.2 billion, reversing a 2022 loss—the first for the company since 1923—of about $1.3 billion. The San Antonio, Texas-based reciprocal exchange said revenue...

USAA to Lay Off 220 Employees

Apr 12 2024 // USAA is laying off 220 employees in an effort to reprioritize positions amid changing business needs, the San Antonio-based insurer announced this week. This is the latest round of layoffs at USAA, which let go of nearly...

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