It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...
Haden Kirkpatrick, a top State Farm executive, said he was fired after being recorded in an undercover video making ...
State Farm, the largest home insurer in California, continues to seek approval of a 22% emergency rate hike even as it faces ...
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
Insurance Commissioner Ricardo Lara said Friday he will approve State Farm’s request for an emergency rate increase, but only if the company’s California arm can justify its need for it at a public ...
Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response ...
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
State Farm General, California’s leading home insurance provider, has formally requested an emergency rate hike averaging 22% ...
Answer: As of Feb. 26, the last time State Farm released numbers, more than 11,750 fire and auto claims had been processed, and the company had paid out nearly $2.2 billion to customers. That’s ...
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 APPROVE RATE HIKES AFTER WILDFIRE A State Farm executive was fired over comments he made about rate hikes on an undercover recording. (Axelle/Bauer-Griffin/GC Images ...
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