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 State Farm executive was fired after an undercover video recorded during a Tinder date appears to show him talking about rate hikes after the SoCal wildfires.
"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 ...
For Insurance Commissioner Ricardo Lara, approving an emergency 22% rate hike request by State Farm would raise bills for ...
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 ...