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The lead plaintiff, Joan St. Julian, claims that State Farm violated the law by failing to pay sales tax to drivers when reimbursing them for the "actual cash value" of their cars that were deemed total losses. [69] According to the lawsuit, State Farm systematically underpaid claims made by thousands of consumers who experienced total vehicle ...
In 2008, USAA expanded membership eligibility to all military personnel and retirees, and all veterans who separated after 1996. For a short time, USAA also offered enrollment for federal law enforcement. [25] In November 2009, USAA expanded eligibility requirements to offer coverage to anyone who has ever served honorably in the US Military.
Suffolk Construction Company was founded in 1982, by Edward Fish Sr. as an open-shop building contractor. [14] Immediately thereafter, Fish seeded Suffolk with an $80,000 loan and transferred full leadership and management to his 23-year-old son, John F. Fish, who has led the company as president and CEO since its founding.
Last year, the institution also reported a data breach that may have impacted around 19,000 members after employees at a USAA contractor shared their access credentials with unauthorized individuals.
State Farm United States: 71.1 14 Munich Re Germany: 64.7 15 CVS Health United States: 62.2 16 Life Insurance Corporation India: 56.6 17 China Pacific Insurance Company China: 53.7 18 Health Care Service Corporation United States: 46.7 19 Progressive Corporation United States: 46.4 20 The Allstate Corp United States: 45.8 21 Zurich Ins Group Ltd
Starting in 2019, USAA has also faced a number of fines — $3.5 million over customer-related violations, $85 million over compliance and management issues and $140 million over weak protections ...
USAA, the financial services company serving military personnel and their families, will pay $62.4 million to resolve a lawsuit claiming it overcharged service members and veterans on interest ...
There is a considerable variation in how state law governs reciprocal exchanges. Some states have specific laws governing reciprocal exchanges, while others subsume regulation of reciprocal exchanges under the regulations governing captive insurers. Reciprocals can be started directly by policyholders or by an attorney-in-fact.