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Former USAA CEO Stuart Parker receives more than $6 million golden parachute


Former USAA CEO Stuart Parker receives more than $6 million golden parachute
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USAA CEO Wayne Peacock, right, stands by his predecessor, Stuart Parker, during a reception last year in San Antonio.Billy Calzada /Staff file photoShow MoreShow Less
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Former CEO Stuart Parker, who retired last year, received more than $6 million in severance from five USAA insurance companies last year.File photoShow MoreShow Less
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USAA CEO Wayne Peacock received about $1.9 million in compensation from five USAA insurance companies last year. He received about $4.9 million in 2019.Billy Calzada /Staff file photoShow MoreShow Less
Former USAA CEO Stuart Parker had a cushy landing following his departure last year from the San Antonio insurance and financial services company. ....

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NCOIL Property & Casualty Insurance Committee Holds Virtual Interim Meeting: Adopted Revised COVID-19 Limited Immunity Model Act


North Carolina Senator
Vickie Sawyer serves as vice chair. The Committee discussed state actions relating to COVID-19 business immunity statutes, and adopted the NCOIL COVID-19 Limited Immunity Model Act (Model), sponsored by
Rep. Rowland and
Indiana Representative
Matt Lehman, NCOIL President. The Model will be considered by the NCOIL Executive Committee for final adoption at the NCOIL Spring Meeting in April.
Rep. Rowland said, I want to thank everyone who participated in the interim meeting. We had a great initial discussion on these issues in December at the NCOIL Annual Meeting, which included a number of speakers with differing views. That discussion enabled us to digest all the feedback on the initial draft of the Model and move forward with adoption of the Model during this interim meeting. I am pleased we were able to adopt the Model as so many states, including my home state of ....

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