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United Services Automobile Association

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CALIFORNIA | LOCAL
November 8, 1991 | HENRY WEINSTEIN, TIMES STAFF WRITER
United Services Automobile Assn., one of the nation's largest insurance companies, has for years argued on both sides of the fence about whether suits against it for non-payment of claims should be argued in state or federal court. In more than 170 instances throughout the United States, the Texas-based company has argued to both federal and state judges that it was being sued in the wrong court, failing to reveal that it had argued the other way in other cases, frequently simultaneously.
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BUSINESS
August 5, 2009 | Marc Lifsher
Owners of nearly 1 million California vehicles covered by insurance company USAA collectively will save about $48 million, thanks to a 7% rate decrease effective today. State Insurance Commissioner Steve Poizner approved the reduction for the insurer, which specializes in serving active-duty, retired and former members of the armed forces and their families. Los Angeles County customers of USAA, the state's 10th-biggest auto insurer, will save more than twice as much as the statewide average.
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CALIFORNIA | LOCAL
November 9, 1991 | HENRY WEINSTEIN, TIMES STAFF WRITER
A federal judge said in a Los Angeles courtroom Friday that he was troubled by the tactics of a large insurance company that has responded to years of lawsuits for non-payment of claims by alternately arguing that the cases should be heard in state or federal courts. U.S. District Court Judge William F. Nielsen said he "was surprised, to say the least" by documents showing that in more than 170 instances throughout the United States, the Texas-based United Services Automobile Assn.
CALIFORNIA | LOCAL
April 9, 2008 | Tony Perry, Times Staff Writer
A jury Tuesday awarded $3.6 million to a Marine captain serving in Iraq after concluding that a nationwide company that specializes in insuring military personnel tried to cheat him out of coverage for water damage to his Oceanside home. The San Diego County Superior Court jury found that the United Services Automobile Assn.'s Casualty Insurance Co. had attempted to defraud John Colombero in its handling of his 2004 claim.
BUSINESS
August 9, 2006 | Marc Lifsher, Times Staff Writer
A second California insurance company broke ranks with its bigger competitors Tuesday and said it would base its premiums on a person's driving record and experience, not where a car is parked. USAA, the state's ninth-largest automobile insurer, said it would cut rates for 318,000 California customers by an average of 5%, lopping about $100 off their annual premiums.
BUSINESS
December 23, 1994 | From Times Staff and Wire Reports
USAA to Pay $31 Million More in Rebates: United Services Automobile Assn., a San Antonio, Tex.-based auto insurer that sells to military officers and their families, will refund the money to 218,000 California policyholders under Proposition 103, the 1988 rate-cutting initiative, state Insurance Commissioner John Garamendi announced. USAA, which is owned by its policyholders, has already paid about $44 million in rebates as a result of the measure.
CALIFORNIA | LOCAL
February 11, 1992
A federal judge has rejected the bid of the nation's eighth-largest insurance company to dismiss a suit charging that it failed to honor a claim made by a Hancock Park couple after their home was devastated by fire in December, 1990. U.S. District Judge William F. Nielsen also granted the couple's attorneys the right to subpoena records of United Services Automobile Assn.
NEWS
June 11, 1989
United Services Automobile Assn. has become the first to announce that it will comply with Proposition 103's 20% rate rollback on homeowner's policies. However, the Texas-based company warned its customers in a letter not to expect a similar cut in their auto insurance rates. Marine and renters' rates and rates for earthquake endorsements to homeowner policies also will remain the same. United Services, whose membership is restricted to past and present military officers and their families, insures 104,000 California homeowners, the sixth highest number in California.
BUSINESS
August 10, 2001
* Exide Technologies, the largest automotive-battery maker, will cut 1,300 more jobs, or 6.5% of its work force, and said its second-quarter and fiscal-year earnings will be lower than expected as orders from telecommunications customers decline. * * WebMD Corp. posted a second-quarter operating loss of $23.8 million, or 7 cents a share, compared with a loss of $55.5 million, or 28 cents, a year ago, meeting Wall Street's expectations. Revenue jumped 77% to $178.7 million.
BUSINESS
July 6, 1991 | HENRY WEINSTEIN, TIMES STAFF WRITER
In an unusual move, veteran Los Angeles federal Judge Laughlin E. Waters filed a lawsuit on his own behalf Friday, alleging that a Texas insurance company acted in bad faith in handling Waters' claim after his Hancock Park house was seriously damaged in a fire. Waters, 76, appointed to the federal bench 15 years ago, said it was the first time in his long legal career that he has filed a suit on his own behalf.
BUSINESS
August 9, 2006 | Marc Lifsher, Times Staff Writer
A second California insurance company broke ranks with its bigger competitors Tuesday and said it would base its premiums on a person's driving record and experience, not where a car is parked. USAA, the state's ninth-largest automobile insurer, said it would cut rates for 318,000 California customers by an average of 5%, lopping about $100 off their annual premiums.
BUSINESS
August 4, 2006 | Marc Lifsher, Times Staff Writer
The state's fifth-largest homeowners' insurer, USAA, said Thursday that it would cut premiums by an average of 22% in the fall and save policyholders $55 million next year. The company's 182,000 California customers will see an average annual savings of as much as $381, according to the San Antonio-based company. "We all live on a budget, and it's our job to keep expenses down for our members," said John Wehrle, president of USAA's Property and Casualty group.
BUSINESS
August 10, 2001
* Exide Technologies, the largest automotive-battery maker, will cut 1,300 more jobs, or 6.5% of its work force, and said its second-quarter and fiscal-year earnings will be lower than expected as orders from telecommunications customers decline. * * WebMD Corp. posted a second-quarter operating loss of $23.8 million, or 7 cents a share, compared with a loss of $55.5 million, or 28 cents, a year ago, meeting Wall Street's expectations. Revenue jumped 77% to $178.7 million.
BUSINESS
December 23, 1994 | From Times Staff and Wire Reports
USAA to Pay $31 Million More in Rebates: United Services Automobile Assn., a San Antonio, Tex.-based auto insurer that sells to military officers and their families, will refund the money to 218,000 California policyholders under Proposition 103, the 1988 rate-cutting initiative, state Insurance Commissioner John Garamendi announced. USAA, which is owned by its policyholders, has already paid about $44 million in rebates as a result of the measure.
CALIFORNIA | LOCAL
May 18, 1994 | HENRY WEINSTEIN, TIMES LEGAL AFFAIRS WRITER
A jury awarded $1.5 million in compensatory damages Tuesday to a federal judge and his wife for mental and emotional distress they suffered because of the way an insurance company handled their claim after their Hancock Park house was seriously damaged by fire in December, 1990. The Los Angeles Superior Court jury ruled that United Services Automobile Assn. of San Antonio violated "the duty of good faith and fair dealing" in processing the claim of U.S. District Judge Laughlin E.
CALIFORNIA | LOCAL
May 8, 1994 | HENRY WEINSTEIN, TIMES LEGAL AFFAIRS WRITER
For the past three weeks, veteran federal district Judge Laughlin E. Waters of Los Angeles has been looking at justice from the other side of the bench. Instead of presiding over a courtroom, Waters, 79, has been in the plaintiff's chair during an aggressively litigated trial that pits him and his wife against their insurance company. Waters, a tall man with a full head of white hair, has given testimony about the fire at his Hancock Park home that touched off the legal dispute.
CALIFORNIA | LOCAL
April 9, 2008 | Tony Perry, Times Staff Writer
A jury Tuesday awarded $3.6 million to a Marine captain serving in Iraq after concluding that a nationwide company that specializes in insuring military personnel tried to cheat him out of coverage for water damage to his Oceanside home. The San Diego County Superior Court jury found that the United Services Automobile Assn.'s Casualty Insurance Co. had attempted to defraud John Colombero in its handling of his 2004 claim.
CALIFORNIA | LOCAL
May 8, 1994 | HENRY WEINSTEIN, TIMES LEGAL AFFAIRS WRITER
For the past three weeks, veteran federal district Judge Laughlin E. Waters of Los Angeles has been looking at justice from the other side of the bench. Instead of presiding over a courtroom, Waters, 79, has been in the plaintiff's chair during an aggressively litigated trial that pits him and his wife against their insurance company. Waters, a tall man with a full head of white hair, has given testimony about the fire at his Hancock Park home that touched off the legal dispute.
CALIFORNIA | LOCAL
February 11, 1992
A federal judge has rejected the bid of the nation's eighth-largest insurance company to dismiss a suit charging that it failed to honor a claim made by a Hancock Park couple after their home was devastated by fire in December, 1990. U.S. District Judge William F. Nielsen also granted the couple's attorneys the right to subpoena records of United Services Automobile Assn.
CALIFORNIA | LOCAL
November 9, 1991 | HENRY WEINSTEIN, TIMES STAFF WRITER
A federal judge said in a Los Angeles courtroom Friday that he was troubled by the tactics of a large insurance company that has responded to years of lawsuits for non-payment of claims by alternately arguing that the cases should be heard in state or federal courts. U.S. District Court Judge William F. Nielsen said he "was surprised, to say the least" by documents showing that in more than 170 instances throughout the United States, the Texas-based United Services Automobile Assn.
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