Latest USAA Headlines
All the headlines from our USAA Topic Page, ordered by recency.
Texas Windstorm Insurance Technical Advisory Group Members Named
Jun 11 2012 // Texas top insurance regulator has named eight industry professionals to participate in an advisory group to work on issues related to windstorm insurance along the state’s coast. The Texas Department of Insurance...
Returning Soldiers Involved in More Car Crashes: Study
Apr 24 2012 // U.S. military personnel have 13 percent more car accidents in which they are at fault in the six months after returning from overseas duty than in the six months prior, a USAA study revealed on Tuesday. USAA, a major...
USAA Reducing Calif. Homeowners Insurance Rates 15%
Jun 1 2011 // USAA is reducing insurance rates for most of its California policyholders an average of 14.9 percent, the California Department of Insurance announced, noting it had approved the rate filing. “This is good news for...
Suit Says USAA Unfairly Denied Car Crash Claims
May 18 2011 // A Salem, Ore., attorney has filed a lawsuit accusing USAA Insurance Co, which represents military members and their families, of fraudulently denying claims after car crashes. The Salem Statesman Journal reports the suit,...
Ratings Recap: Keystone, Forestry Mutual, Residential Re, National Unity, Dakota
May 12 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from’ B++’ (Good) and the issuer credit ratings (ICRs) to “aa-” from “bbb” of Keystone...
Insurer Rates 16 ‘Best Values’ in Autos
Mar 30 2011 // USAA, an insurer for the military community, unveiled its first “Best Value” vehicle list that names the top 2011 automobiles in 16 categories based on quantitative data used in USAA’s proprietary rating...
USAA Reworking Wind Coverage Accounts on Mississippi Coast
Jan 10 2011 // USAA, a banking and insurance company that caters to military personnel, is dropping wind coverage from its homeowners’ policies in Mississippi’s three coastal counties. The Sun Herald reported that about 1,550...
Best Affirms USAA and Subs ‘A++’ Ratings; Outlook Stable
Dec 29 2010 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aaa” of Texas-based United Services Automobile Association (USAA) and its...
Mississippi Court Rejects Bad Faith Katrina Damages
Dec 5 2010 // The Mississippi Supreme Court has upheld a breach-of-contract verdict in a dispute between an insurance company and a retired Navy admiral over coverage of damages from Hurricane Katrina. However, the high court said...
Internet Scam Targets Insurer USAA’s Customers
Nov 8 2010 // USAA, the banking and insurance company that caters to military personnel, says it is investigating an e-mail scam aimed at getting its customers’ personal information. The scheme targets a wide number of people in...
Mississippi Court Gets Insurer USAA Appeal of Katrina Damage Award
May 10 2010 // A dispute between an insurance company and a retired Navy admiral over coverage of damages from Hurricane Katrina has made its way to the Mississippi Supreme Court. The case is among dozens the Supreme Court will hear...
Best Affirms USAA’s ‘A++’ Ratings
Dec 23 2009 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A++’ (Superior) and ICRs of “aaa” of United Services Automobile Association (USAA) of San Antonio, Texas and its property/casualty...
Business Moves
Dec 6 2009 // USAA Military insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to all veterans who have served in the U.S. Armed Forces at any time. More than...
The Mississippi Supreme Court’s Anti-Concurrent Clause Decision
Nov 15 2009 // How Far Will It Go? On Oct. 8, 2009, the Mississippi Supreme Court handed down its opinion in Corban v. USAA, in which it addressed the enforceability and application of “Anti- Concurrent Cause” clauses (ACCs)...
Military Insurer USAA Expands Reach by 35 Million to All Veterans
Nov 6 2009 // Military insurance company USAA is expanding its customer base by nearly 35 million prospects by opening up eligibility for its products to all veterans who have honorably served in the U.S. Armed Forces anytime. More than...
Mississippi Court Rules Home Policy Covers Hurricane Wind Damage
Oct 19 2009 // In a 9-0 decision, the Mississippi Supreme Court has ruled that so-called “all-risk home insurance policies may cover wind damage from hurricanes, even in situations where the loss is later exacerbated by water from...
Mississippi Court Rules Home Insurance Policy Covers Hurricane Wind Damage
Oct 9 2009 // In a 9-0 decision, the Mississippi Supreme Court has ruled that so-called “all-risk” home insurance policies may cover wind damage from hurricanes, even in situations where the loss is later exacerbated by...
USAA to Lower Homeowners Rates for Most Policyholders in Texas
Aug 14 2009 // San Antonio, Texas-based USAA has announced it has filed a plan with the Texas Department of Insurance to reduce its homeowners insurance rates in the state by an average of 6 percent. The reduction will equate to an...
USAA Auto Insurance Reduces Auto Rates 7% for Californians
Aug 4 2009 // USAA Auto Group announced it is reducing rates an average of 7 percent for auto policyholders in California. The 10th largest auto insurer in the state, USAA insures nearly 1 million vehicles in California, covering...
Challenges to Anti-Concurrent Cause Clauses Linger in Katrina Lawsuits
Jul 27 2009 // Hurricane Katrina, in addition to causing unprecedented damage and destruction, added significantly to the workload of state and federal courts in Louisiana and Mississippi. Almost four years after the fact, those courts...
