State Farm executive fired over comments on premium hikes

State Farm executive fired over comments on premium hikes after California wildfires
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike request in the wake of the devastating Los Angeles area wildfires.
Tinder Date Gone Wrong: State Farm Exec Fired After Saying Premium Hikes Following California Fires Were 'Kind Of' Orchestrated
Former State Farm Vice President Haden Kirkpatrick was fired by the insurance giant this week after he was recorded during a Tinder date in January speaking about the company's premium hikes in response to the California wildfires.
State Farm VP fired after video released of him ‘kind of’ discussing orchestrated California rate hikes
A State Farm executive has been fired following the release of a recording where he said the company’s California rate hikes are “kind of” orchestrated, according to a Los Angeles Times story.
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 billion in losses. Lara initially rejected the request, saying in a Friday, Feb. 14, letter to State Farm executives that he needed more information before he can approve an increase.
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 executive fired over comments about rate hikes
Haden Kirkpatrick, a top State Farm executive, said he was fired after being recorded in an undercover video making disparaging remarks about Pacific Palisades homeowners.
State Farm exec fired over jaw-dropping comments about LA wildfire rate hikes, victims in secret recording
A State Farm executive has been fired after he was secretly recorded alleging that the insurance company hiked rates for California homeowners reeling from the devastating Los Angeles wildfires. Haden Kirkpatrick,
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’s California Insurance Crisis Came After Rapid Growth
It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...
‘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 ...
Insurance Business America1d
State Farm tells Lara that it "doesn't make sense" to issue new policies in California
With Lara expected to issue a decision on State Farm’s request imminently, homeowners, insurers, and policymakers are bracing ...
TechBullion1d
State Farm Requests Emergency 22% Rate Increase Following Los Angeles Fires
State Farm General, California’s leading home insurance provider, has formally requested an emergency rate hike averaging 22% ...
KTVU3d
Secret video: State Farm exec appears to confess to manipulating California insurance rate hikes
An apparently secretly-recorded video shows a State Farm executive allegedly admitting that the company threatened to cancel policies in California in order to pressure state insurance ...
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 farm groups look to stabilize workforce amid crackdown on illegal immigration
As the Trump administration cracks down on illegal immigration, California farm groups are working to influence legislation ...
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 ...