AI Prospecting for United Services Automobile Assn.

USAA CEO Wayne Peacock will retire in the first half of 2025, after 36 years with the company, including five as CEO. The company is evaluating internal and external candidates for his replacement to ensure a smooth transition[5]. USAA laid off 220 employees to reprioritize positions amid changing business needs[3]. USAA recorded a net income of about $1.2 billion in 2023, reversing a $1.3 billion loss in 2022, and paid out over $1 billion in claims for the Los Angeles wildfires[3].

USAA has filed a lawsuit against Regions Financial Corporation and Regions Bank over alleged patent infringement related to mobile deposit technology[4]. USAA announced Juan C. Andrade as its new President and Chief Executive Officer, a global industry leader and public servant committed to serving the military community and their families[2][3]. USAA is helping members impacted by the Los Angeles wildfires with over $1 billion in member payments and resources for recovery and rebuilding efforts[2][3].

USAA announced Juan C. Andrade as its new President and Chief Executive Officer, a global industry leader and public servant committed to serving the military community and their families. USAA also paid out over $1 billion in claims for the Los Angeles wildfires and is aiding members with recovery and rebuilding efforts[2][3].