USAA Becomes 3rd Insurer to Report $1B-Plus in Claims So Far for LA Wildfires February 5, 2025 By Don Jergler USAA has paid out more than $1 billion for the Los Angeles wildfires, making it the third insurer to report...
Andrade Leaves Everest Group to Become USAA President and CEO January 8, 2025 Juan C. Andrade is USAA’s new president and chief executive officer, said the insurance provider to millions of active military,...
USAA President, CEO Peacock Retiring in 2025 August 20, 2024 USAA announced that its chief executive officer and president, Wayne Peacock will retire during the first half of 2025, after...
USAA Renter’s Insurance Policyholder Charged with Multiple Counts of Fraud July 24, 2024 Maryland Attorney General Anthony G. Brown reports that a grand jury for Prince George’s County has handed down two indictments...
After First Net Loss Since 1923, USAA Back to Profit in 2023 June 3, 2024 By Chad Hemenway USAA on Friday said it recorded net income for 2023 of about $1.2 billion, reversing a 2022 loss—the first for...
Warrant Issued for Former Washington Lawyer Accused of Stealing Insurance Settlement September 25, 2023 A Bothell, Washington man was added to Insurance Commissioner Mike Kreidler’s Insurance Fraud Most Wanted list. Clinton Jonathan “Sonny” Behrends...
Regulatory Weaknesses, Politics Driving Marketplace Exits, Industry CEOs Say June 28, 2023 By Susanne Sclafane A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in a state like...
Federal Appeals Court Reverses, Allows $5M Bad Faith Claim vs. USAA to Proceed March 15, 2023 By Jim Sams The poorly executed handoff of a claims file from a retiring claims adjuster to his replacement may have made USAA...
USAA Settles Mississippi Class Action Over Underpaid Auto Claims August 29, 2022 By Insurance Journal Staff Reports Another national insurance company has agreed to settle a class-action lawsuit alleging it underpaid hundreds of auto insurance claims. A...
Chubb’s Digital Platform Blink Partners With USAA on Cyber Insurance October 1, 2021 By Mark Hollmer Insurer Chubb’s new digital platform Blink is partnering with its first insurance carrier to offer cyber insurance to military families....