Tyler Perry shouldn’t be proud of insurance coverage firms due to what they did amid the tragic wildfires in Los Angeles.
The American actor and filmmaker has publicly criticized insurance coverage firms for canceling “thousands and thousands of insurance policies” for Los Angeles householders forward of the catastrophic wildfires.
In a heartfelt Instagram publish on Sunday, Perry described witnessing a lady utilizing a backyard hose to guard her 90-year-old dad and mom’ residence after their insurance coverage was canceled.
“Does anybody else discover it appalling that insurance coverage firms can take billions of {dollars} out of communities for years after which, impulsively, be allowed to cancel thousands and thousands of insurance policies for the very folks they turned wealthy on?” Perry, 55, questioned in his publish.
He expressed his frustration over the scenario, including, “People who’ve paid premiums all of their lives are left with nothing due to pure greed.”
Perry, a well known filmmaker, voiced his intention to determine methods to assist as many individuals as doable whereas retaining them in his prayers throughout this difficult time.
The actor-director’s feedback come as quite a few Angelenos have misplaced their houses to the devastating Palisades and Eaton wildfires, a lot of whom have been left with out insurance coverage protection.
According to the Los Angeles Times, State Farm General Insurance introduced in March 2024 that it will not be renewing 30,000 residence and condominium insurance policies upon expiration, with greater than 1,600 of these in Pacific Palisades.
Other insurance coverage firms have adopted swimsuit, with Chubb Insurance refusing to approve new insurance policies for high-value properties in fire-prone areas.
Allstate, Tokio Marine America Insurance Co., and Trans Pacific Insurance Co. have additionally stopped offering insurance policies in California, leaving many residents with out essential protection throughout these disasters.