Local swim clubs that are members of USA Swimming are insured by U.S. Sports Insurance Company Inc, a company with $31.3-million in assets originally based in Barbados created and solely owned by USA Swimming and governed by former and current USA Swimming officials. While USSIC provides USA Swimming $2-million worth of liability insurance for sexual abuse civil cases, until recently the company provided local clubs only $100,000 worth of coverage for similar cases. This policy of reducing the financial exposure of USSIC at the local level was a factor in generating millions of dollars in “safety rebates” from USSIC back to USA Swimming. In some years the governing body has received back as much as $750,000 in “safety rebates.”
• USA Swimming has also paid $77,627 to lobbying firms to lobby against legislation in California that would have made it easier for sexual abuse victims to sue their abusers and the organizations they worked for or represented in civil cases.
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