I see some HUGE lawsuits in State Farm’s future.
Update: Haden “Away from my own kind” Kirkpatrick has been fired.
Karen Bass knew the fires were coming.
The recorded conversation between Karen Bass and the source indicates she also knew that State Farm intended to cancel policies.
State Farm cancelled the insurance policies.
Kirkpatrick alludes to the California Department of Insurance and blames them for the decision, when the bottom line is that the insurance company will have to pay out settlements to the fire victims and that will be very costly to State Farm.
The company also has DEI hiring practices; basing employment on ethnicity instead of qualifications and skills.
OMG’s latest hidden camera recording captures State Farm executive Haden Kirkpatrick making candid remarks about California wildfire victims, the company’s planned exit from the state’s insurance market, and his explicit hiring biases.
“Where the Palisades are, there should never be houses built,” said Haden Kirkpatrick, Vice President of Innovation and Venture Capital at State Farm, on hidden camera, making candid statements about California wildfire victims and the company’s controversial hiring practices.
Kirkpatrick bluntly critiqued California residents, stating, “People want to build in areas where they want to have, like, natural areas around them for their ego. But it’s also a fucking desert. And so, it dries out as a tinderbox.” He also acknowledged that wildfires in these areas are not surprising to insurance professionals, claiming, “Climate change is pushing these seasons.” He explained, “If you’re an insurance professional, it’s predictable.”
Kirkpatrick also admitted that State Farm’s decision to pull out of the California insurance market was a calculated move in response to financial concerns and state regulations: “Our people look at this and say, ‘Shit, we’ve got, like, maybe $5 billion that we’re short if something happens.’” He revealed, “We’ll go to the Department of Insurance and say, ‘We’re overexposed here, you have to let us catch up our rate.’ And they’ll say, ‘Nah.’ And we’ll say, ‘Okay, then we are going to cancel these policies.’”
Kirkpatrick didn’t shy away from discussing his explicit effort to reshape State Farm’s workforce demographics, acknowledging his bias in hiring practices: “I personally, I task my HR team, finding me… the perfect profile of the workforce of the future,” he stated. “I want the 2040 workforce. So go find me the demographic profile of America in 2040: more Hispanic and Latinos.”
When questioned about whether this preference applied to his personal life, Kirkpatrick doubled down: “Away from my own kind.”
State Farm, which previously covered over a million homeowners in California, provided insurance against fire, theft, and other damages. However, their decision to withdraw coverage has left thousands of residents without financial protection following devastating wildfires. “Like a good neighbor, State Farm is there,” except for the Californians now facing the aftermath of destruction without insurance coverage.
Don’t be surprised when Kirkpatrick is forced to resign. The trouble with his reasoning is that State Farm knew it was selling insurance to people living in a high risk area and had no problem collecting the premiums from the customers. When disaster inevitably struck, they didn’t want to pay out.
I see huge lawsuits coming their way.