State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.

State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.

California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.

Two distinct systems will bring widespread light to moderate rain to Southern California: one on Tuesday into Wednesday and another Thursday and Friday.

The first of two winter storms expected to arrive in Southern California this week brought some rain overnight but mostly north of Los Angeles County. Kirk Hawkins has KTLA's forecast on Wednesday, Feb.