USAA is a/the top rated insurance company. You have to have some relationship to a member of the US military to purchase it. Is this just another attack on patriotic Americans?
USAA apparently isn’t in compliance with the Bank Secrecy Act/Anti Money Laundering compliance program of 2020.
So something ugly is being done to them. You’ll have to wade through the legal jargon in those two orders to figure out what it is.
In case you wondered where your insurance premiums are going:
USAA is no better than the other insurers such as AAA, Allstate and State Farm that are scammers in their homeowners and auto insurance rates. The fact that they target veterans and their families is just an advertisement ploy.
A year ago when my insurance rates almost doubled, I got quotes from all three and their 6 month insurance quote was equal at the time to what I was paying for a year.
When my rates thru the then insurer skyrocketed, I found another insurance that not only was less than my new rates would have been but less than what I was paying at the time.......
Freemont Insurance, check them out........