What's changed at USAA
Every update we've tracked for USAA, newest first. Each one links to the full note.
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USAA says it will pay a $500 million Florida auto dividend
USAA said it would return nearly $1 billion to Florida members from December 2025 to July 2026. That includes a 14% average auto rate cut and a $500 million dividend. About 830,000 auto members get it from June 15.
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OIR approves 7% USAA auto rate decrease
Commissioner Yaworsky approved an average 7% cut in USAA Florida auto rates. It takes effect by May 2026. It is estimated to save Florida members more than $125 million a year.
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AM Best affirms A++ (Superior)
AM Best affirmed two ratings for USAA and its P&C subsidiaries. The financial strength rating is A++ (Superior). The issuer credit rating is aaa. The outlook is stable.
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USAA cuts back on new Florida home policies
USAA said it would sell new Florida homeowner, fire and renter policies only to active duty members moving there on orders. It cited ten years of Florida home losses. They ran about $220 million over premium.