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USAA delivers over $1bn to members affected by California wildfires

Summary by ReinsuranceNe.ws

USAA, a financial services provider for the military community, has processed 86% of wildfire claims with initial payments, delivering over $1 billion to members affected by the California wildfires. “USAA is deeply committed to supporting our members during this challenging time,” added Randy Termeer, USAA Property and Casualty President. “We understand the significant impact these wildfires have on our members and their families, and by moving…

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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Al

USAA estimates $1.8bn of losses from LA wildfires - Artemis.bm

Insurer USAA revealed today that it has received more than 3,500 claims related to the California wildfires, with 86% of claims receiving initial payments

18 days ago

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