Estimates for the financial toll of the blazes range from $30 billion to as high as $250 billion, as homeowners grapple with ...
A State Farm executive has been fired after he was secretly recorded alleging the insurance company hiked rates for California homeowners reeling from the LA wildfires.
Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response ...
A senior State Farm executive was secretly recorded making comments about wildfire victims and admitting to manipulating ...
Assembly Bill 1354, by Assemblymembers Heath Flora and Greg Wallis, would allow California taxpayers to write off the rising costs of their fire insurance premiums for the next five years. Flora, of ...
"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 executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
Wind-driven brush fires that burned on New York’s Long Island over the weekend, injuring two firefighters and sending large ...
Kirkpatrick, who joined State Farm in 2021 and had started his insurance career in 2015 with Esurance, told the LA Times that ...
In essence, to operate as a regulated carrier in California, a private insurer is exposing itself to unknown and uncapped ...
Insurance Commissioner Ricardo Lara is weighing an emergency 22% rate hike request by State Farm, the state’s largest insurer ...
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