USAA to hike home policy rates for 265,000

USAA's two largest home insurance subsidiaries were approved this month to raise rates for homeowners and condominium owners by double digits starting at the end of the year. USAA is the sixth largest home insurer in California, representing about 5.61% of the market as of 2023. Its largest subsidiary, known also as USAA, was approved to raise rates at the…