Tyler Perry accuses insurance companies of “pure greed” for failing Southern California residents ahead of the worst wildfires in U.S. history.
As Tyler Perry joins the national effort to support victims of California's wildfires, he's not letting insurance companies off the hook in the face of another catastrophe: thousands of uninsured homes. It's not because they all dropped the ball like DDG, who had no policy regarding his now-destroyed Los Angeles mansion.
According to the Los Angeles Timessome couldn't keep up with skyrocketing premiums, while insurance companies completely abandoned others in high-risk areas.
“Chubb and its subsidiaries stopped writing new policies for high-value homes with higher wildfire risk in 2021. Allstate stopped writing new policies in 2022, and Tokio Marine America Insurance Co. and its subsidiary Trans Pacific Insurance Co. have pulled out of the state. last year, although Mercury Insurance offered to accept its customers,” the publication said.
Perry didn't hold back when thinking about the people who risked and lose their lives to protect their home with garden hoses and buckets of water. He pledged to “do everything I can to help as many people as possible” by challenging big companies who refuse to do the same even after being paid.
“Seeing a girl use a garden hose to try to protect her parents' 90-year-old home because their insurance was canceled was just heartbreaking to me,” he wrote on Sunday.
“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 insurance policies for the very people through whom they became rich? People who have paid dues their entire lives are left with nothing because of pure greed,” he continued, ending the message with a continued prayer for everyone involved.
This tragic disaster highlighted complex issues such as climate change leading to unprecedented extreme weather, environmental racism, the historic loss of redlined black neighborhoods, and incarcerated firefighters risking their lives for a few dollars a day.
With strong winds fueling barely contained flames, the crisis is far from over. The California Department of Forestry and Fire Protection reports that more than 40,000 acres of California have burned in wildfires to date. According to The Wall Street Journalthe economic impact is estimated at $50 billion. Dozens of people have truly lost everything with the Updated death toll reaches 24.