USAA News

S&P Threatens Downgrades of Finance Companies; ‘AAA’ Rated Insurers

Standard & Poor’s Friday put a broad range of financial firms on negative credit watch, warning they could all be downgraded if the United States has its credit rating cut. The S&P action takes in Fannie Mae, Freddie Mac, all …

USAA Reducing Calif. Homeowners Insurance Rates 15%

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 the approximately 200,000 USAA policyholders … …

Suit Says USAA Unfairly Denied Car Crash Claims

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, filed in Portland, accuses USAA Insurance Co. …