Wednesday, January 15, 2025 - Filmmaker, actor and writer, Tyler Perry, has slammed 'greedy' insurance companies for not renewing tens of thousands of policies for homeowners before the devastating LA wildfires.
The 55-year-old Madea star criticised the industry for
cancelling "millions of policies" just as catastrophic wildfires
wreak havoc across the region.
As of Jan 13, about 24 people are believed to have lost
their lives with reports of missing persons rising as the blazes continue to
ravage Los Angeles County.
In a heartfelt Instagram post, Perry shared the story of a
woman desperately using a garden hose to protect her elderly parents' home
after losing insurance coverage, describing the actions of insurers as
"pure greed."
“Watching a daughter use a garden hose to try and protect
her 90-year-old parents' home because their insurance was cancelled was just
gut-wrenching to me,” he wrote.
“Does anyone else find it appalling that insurance companies can take billions of dollars out of communities for years and then, all of a sudden, be allowed to cancel millions of policies for the very people they became rich on? People who have paid premiums all of their lives are left with nothing because of pure greed.”
He vowed to explore ways to help those affected while
keeping them in his prayers. “As I am in the process of trying to figure out
what steps to take to do all I can to help as many as I can, I am keeping
everyone in my prayers.”'
According to the LA Times, insurance companies like State
Farm, Chubb, and Allstate have stopped renewing or issuing policies for
high-value properties in fire-prone areas, leaving many California residents
vulnerable during the devastating wildfires.
The Palisades Fire, one of the most devastating among
the five, has burned nearly 24,000 acres, while the Eaton Fire scorched over
14,000 acres, forcing over 100,000 people to evacuate.
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