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 insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.

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.

It comes after water shortages allegedly hampered firefighting efforts in Los Angeles—a claim that state officials deny.

The administration of President Donald Trump has followed through on his promises to “turn on the water” in California, but the state’s residents might not be benefiting as much as he’d hoped. This video aired on the KTLA 5 Morning News on Feb.