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Haden Kirkpatrick, State Farm Mutual’s vice president for innovation and venture capital, was recorded in a video published on YouTube by O’Keefe Media Group saying the company manipulated its ...
State Farm's vice president for innovation and venture capital, Haden Kirkpatrick, was fired in March after a video of him making remarks about premium increases in response to recent wildfires ...
State Farm had nearly a 20% share of the national homeowners insurance market in 2023, and insures about 1 million homeowners in California, where it also has some 1.8 million other policies in force.
Haden Kirkpatrick, the now-fired State Farm executive, responded, "I mean it kind of is, but not in the way you would think. We go to the Department of Insurance and say, 'We're overexposed here.
Kirkpatrick: "It kind of is, but not in the way you would think…We'll go to the Department of Insurance and say we're overexposed here, you have to let us catch up our rating… and they'll say ...
A State Farm executive was fired after he was secretly recorded saying the company was “kind of” orchestrating a rate hike for California policyholders following January’s firestorms in Los Angeles ...