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.

California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners following the devasting Los Angeles wildfires.

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.