California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates for roughly a million customers if the company can justify the hike at a public hearing.

A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike request in the wake of the devastating Los Angeles area wildfires.

California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners following the devasting Los Angeles wildfires. On Friday, Insurance Commissioner Ricardo Lara announced he will allow State Farm to raise homeowners’ rates by an average of 22%.

A new wildfire was reported today at 4:32 a.m. in Los Angeles County. The wildfire has been burning on private land. At this time, there is no data on the containment status of the fire and the cause has yet to be determined.