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| OMG video: State Farm boss secretly filmed making bombshell comments about [CA] wildfire victims | |
| 2025-03-12 | |
| [Daily Mail, where America gets its news] A top State Farm executive has been fired after being caught on hidden camera making stunning and callous remarks about LA wildfire victims while revealing explosive claims about secret corporate maneuvers to raise rates on vulnerable policyholders. Haden Kirkpatrick, State Farm's Vice President for Innovation and Venture Capital, was secretly recorded admitting the company 'kind of' orchestrated a massive rate hike for California homeowners reeling from the devastation of January's deadly fires. The undercover video - published by O'Keefe Media Group - sees Kirkpatrick making cynical and cold-hearted statements about victims of the recent infernos that killed 29 people, destroyed over 12,000 homes, and scorched 57,000 acres in Los Angeles County alone. In the bombshell footage, Kirkpatrick dismissed the suffering of victims and criticized Californians for building homes in fire-prone regions. 'People want to build in areas where they want to have, like, natural areas around them for their ego. But it's also a f***ing desert. And so, it dries out as a tinderbox. 'Areas like where the Palisades are, there should never be houses built in the first place,' Kirkpatrick added without an ounce of sympathy for the thousands who lost everything. But the footage went further still as Kirkpatrick admitted that wildfires such as those which tore through Pacific Palisades and Altadena, are entirely predictable to insiders and that State Farm is actively maneuvering to escape financial exposure to such disasters. 'Climate change is pushing these seasons. If you're an insurance professional, it's predictable,' he said.
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| Posted by:Skidmark |
| #3 As I understand, insurers in Cali are either trying to raise rates or get out of home insurance entirely due to a massive exposure to... wait for it...losses from wild fires. As ed says in #1, they are cynically and heartlessly telling the truth, because arithmetic wins in the end. |
| Posted by: SteveS 2025-03-12 23:07 |
| #2 He isn't wrong. It climate changed from a desert to an exclusive residential neighborhood. are entirely predictable to insiders and that State Farm is actively maneuvering to escape financial exposure to such disasters. Yes. California Insurance is big money or big bust, so no matter their personal feelings those risk assessors knew that response systems were compromised and leadership turned into a glee club. Not defending Big Insurance or poo poo O'Keefe, but the problem starts in Sacramento and filters through LA, and then risk evaluations can happen, which makes me think DM here is running cover for Newsom as they usually bury O'keefe investigations. |
| Posted by: swksvolFF 2025-03-12 14:15 |
| #1 "cynical and cold-hearted statements" I.E. telling the truth |
| Posted by: ed in texas 2025-03-12 11:28 |