USAA’s share of California’s householders insurance coverage market has declined over current years, dropping from 5.73% in 2019 to five.4% in 2023. Regardless of this, the group’s direct premiums written elevated considerably, reaching $741.7 million in 2023, in comparison with $523.1 million in 2019. Nonetheless, its direct mixed ratio worsened throughout the identical interval, rising from 96.46 in 2019 to 114.09 in 2023, in response to AM Finest information.
