Tyler Perry blasts 'greedy' insurance companies for dropping thousands of customers before LA wildfires

Tyler Perry blasts

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."'

Tyler Perry blasts

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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