EPISODE · Mar 18, 2025 · 18 MIN
State Farm Exec Fired After Saying Premium Hikes Following Cali Fires Were 'Kind Of' Orchestrated
from News For Reasonable People · host Sean Reynolds
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.He was recorded undercover saying that the California subsidiary's request for a premium rate hike was 'kind of' orchestrated 'but not in the way you would think.'"Our people look at this and say, 'S---, we've got like maybe $5 billion that we're short if something happens.' We'll go to the Department of Insurance and say, 'We're overexposed here, you have to let us catch up our [rates].'... He'll say 'Nah.' And we'll say, 'OK, then we are going to cancel these policies,'" Kirkpatrick had said.
What this episode covers
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.He was recorded undercover saying that the California subsidiary's request for a premium rate hike was 'kind of' orchestrated 'but not in the way you would think.'"Our people look at this and say, 'S---, we've got like maybe $5 billion that we're short if something happens.' We'll go to the Department of Insurance and say, 'We're overexposed here, you have to let us catch up our [rates].'... He'll say 'Nah.' And we'll say, 'OK, then we are going to cancel these policies,'" Kirkpatrick had said.
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State Farm Exec Fired After Saying Premium Hikes Following Cali Fires Were 'Kind Of' Orchestrated
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