USAble Mutual – Parent Company of 90 Degree Benefits Reports “Deep Losses”

That’s The Way It Is………Some Things Never Change

USAble Insurance Company, the parent company of 90 Degree Benefits, reports posted revenue of $3.14 billion in 2023 but suffered steep losses in revenue over the first three quarters of 2024.

Per Arkansas Business, the company reported to the Arkansas Insurance Department a net loss of $100.5 million for those nine months. By comparison, the firm reported net income of $94.7 million for the first three quarters of 2023 and finished the year with net income of just $13.2 million.

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