USAA Faces $114 Million Blow: Jury Awards Landmark Verdict Over Claim Mismanagement
Las Vegas, Nevada – A hefty $114 million judgment against USAA has spotlighted the tensions inherent in the insurance industry’s treatment of its own clients. In a significant legal confrontation, a Nevada jury levied $100 million in punitive damages and $14 million in compensatory damages against the insurer for mishandling a car accident claim involving Timothy Kuhn, who was rear-ended in traffic back in 2018. According to court documents, USAA initially concluded that Kuhn was not liable for the collision. However, they later reversed this stance during a subsequent lawsuit initiated by Kuhn against the … Read more