April 11, 2008

USAA Responds to Blog Posts About Punitive Damages Award

Apparently, a lot of folks were upset after reading media reports about a $3.5 million punitive damages verdict against insurer USAA for unreasonably denying coverage to a Marine stationed in Iraq. So upset that they posted over 90 comments on a blog. In a rather unusual move, USAA has responded to those blog posts with a post of its own. The post defends USAA's conduct in the case and expresses confidence that the verdict will be overturned on appeal.

1 comment:

  1. I am shocked USAA would ever get tagged for puni's. As a one-time Marine Officer and 30-year USAA customer, I know they have a reputation for integrity that is probably unmatched in the insurance business, and they are usually run by no-nonsense former generals. I am very curious to check out these links.