USAA News

Internet of Things Is Industry Disruptor that Could Benefit Innovators: Efma Report

The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, connected cars and the use of …

Winners of 1st Innovation in Insurance Awards Are ‘Change Leaders’

The winners of the first annual Innovation in Insurance awards include Allianz, AXA, Europ Assistance, MS&AD Insurance, and USAA. The program, jointly launched by Efma and Accenture, seeks to reward and foster innovation in the industry, and recognizes the most …

USAA to Close Wealth Management Office in Philadelphia

The United Services Automobile Association (USAA) will close a wealth management office located in Philadelphia, effective July 19, according to the Worker Adjustment and Retraining Notification Act notice the company filed this month with the Pennsylvania Department of Labor and …

North Carolina Couple Charged with Defrauding Insurance Company

A Fayetteville, North Carolina, couple is accused by authorities of trying to defraud an insurance company after submitting altered receipts for property they said was stolen. The Fayetteville Observer reports Maria Alta Bruno and Luidor Lamour, both 34, are charged …

California Commissioner OKs New insurance Products to Fill Ridesharing Gap

California Insurance Commissioner Dave Jones approved a new insurance product by USAA designed to close the gap in insurance coverage for drivers driving for all ridesharing companies. The product is now available to USAA’s California drivers for all ridesharing companies, …

USAA Pledges $2.1M to Fight Veteran Homelessness in San Antonio

Insurer USAA has pledged $2.1 million to help end veteran homelessness in San Antonio. The company said USAA’s pledge was inspired by the White House Administration’s Mayors Challenge to End Veteran Homelessness, which was announced by First Lady Michelle Obama …

USAA to Offer Rideshare ‘Gap Protection’ Coverage in Massachusetts

Massachusetts Gov. Charlie Baker and the Division of Insurance announced that the United Services Automobile Association (USAA) has been approved to offer additional “gap protection” coverage to its policyholders who drive their cars for rideshare or transportation network companies (TNC), …

California Agents Get Creative to Sell Rideshare Endorsement

Kathy Lamm, an insurance agent in Costa Mesa, Calif., over the past month has been busy selling a ridesharing endorsement that Farmers Insurance Group introduced in California in late May. Lamm started spreading the word soon after the product became …

USAA Piloting Auto Insurance Quotes in California Through Google Compare

California drivers shopping for auto insurance online can now receive USAA rate quotes and coverage information in their Google search results through the Google Compare service that debuted in March 2015. USAA is piloting the program in California in an …

Compare.com CEO’s Vision for the Future – Right or Wrong

As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet. That likely-to-be controversial opinion is courtesy of Compare.com CEO Andrew Rose. As he speaks to a reporter, in one breath Rose doesn’t …