News4SA: Lawsuit claims USAA 'scored a windfall' due to excessive premiums during the pandemic
A story from News4SanAntonio.com about another lawsuit against another insurance company. This time the United Services Automobile Association (USAA) is accused of unfairly profiting from the COVID-19 pandemic.
Here is an excerpt:
The 20-page lawsuit filed on Apr. 14 by Philip Johnson, a California USAA member, alleges the defendants—United Services Auto Association, USAA Casualty Insurance Group, USAA General Indemnity Company and Garrison Property and Casualty Insurance Company Group, "scored a windfall during the pandemic, while many others suffered. Despite a “dramatic reduction in driving” and driving-related accidents due to social distancing and stay-at-home measures, premiums have not been significantly reduced."
Read the full article here.