State Farm, California

State Farm executive fired after disparaging L.A. wildfires and victims
Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response to state regulations and financial concerns.
State Farm fires executive who discussed prospect of more California nonrenewals in undercover video
A State Farm executive has been fired after an undercover video of him discussing the company’s request for insurance rate hikes in California and appearing to denigrate residents of the fire-devastated Pacific Palisades region of Los Angeles circulated online.
State Farm fires exec who bragged about dumping Calif. homeowner’s policies, manipulating rate hikes
An undercover sting revealed a rare look at what State Farm executives think about raising California insurance rates and dumping homeowner's policies in the wake of January's wildfires in Los Angeles.
State Farm exec fired over hidden camera video
Haden Kirkpatrick was fired after an undercover video appears to show him talking about rate hike. Michelle Obama will talk divorce, newfound freedom and friendship—but refuses to delve into politics—on a newly announced podcast with her brother,
State Farm exec fired after undercover video of his 'Tinder date' raises rate hike questions
"People want to be built in areas where they have natural areas around them for their ego... But also it's a f***** desert," said the former executive on a leaked and edited undercover video.
State Farm exec fired after secret recording appears to show him discussing rate hikes
A State Farm executive has been fired after apparently making comments about the insurance company's recent rate hikes following the devastating SoCal wildfires. In a shocking turn of events, Haden Kirkpatrick was fired after an undercover video appears to show him talking about rate hikes.
California insurance chief says he’s near ‘solution’ on State Farm rate hike
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
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Secret video: State Farm exec appears to confess to manipulating California insurance rate hikes
An alarming video of a State Farm executive apparently discussing the company’s efforts to strategically hike rates on ...
‘They’re being so stingy with everything.’ State Farm criticized for claims response
State Farm, the largest home insurer in California, continues to seek approval of a 22% emergency rate hike even as it faces ...
California almond growers grapple with uncertainty as new tariffs could hit exports
With more than three-quarters of California’s almond crop headed for export, tariffs could impact where the nut is headed and ...
Insurance Business America1d
Senior State Farm exec sacked after honey trap sting over California wildfires
Kirkpatrick, who joined State Farm in 2021 and had started his insurance career in 2015 with Esurance, told the LA Times that ...
State Farm asks California to raise homeowner insurance rates by 22%
State Farm wants to raise its rates by about 22% for California homeowners, which would affect about one million people.
LAist on MSN1d
Climate politics and insurance intertwine, giving California official a no-win choice on State Farm
For Insurance Commissioner Ricardo Lara, approving an emergency 22% rate hike request by State Farm would raise bills for ...
California reconsiders State Farm rate hike as insurer’s losses rise
As we enter the fire season, it’s in jeopardy,” CFO Mark Schwamberger said of the state’s largest policyholder.
California insurance regulators urge State Farm to expand coverage in exchange for rate hikes
Earlier this month, State Farm — the state’s largest home insurance provider — asked the California Department of Insurance ...
Autobody News1d
State Farm Narrows Underwriting Losses in 2024, Auto Insurance Drives Recovery
The insurance giant's auto insurance losses dropped by $7 billion compared to 2023, though the sector still ended in the red.