Tyler Perry donates $5 million and calls out insurance companies in heartfelt post amid L.A. fires. I wanted to do everything I could to help but they was…see more

The film producer is speaking out against insurance companies who canceled policies for L.A. residents ahead of the devastating fires that began burning on Jan. 7

Tyler Perry is opening up about the devastation of the Los Angeles wildfires — and criticizing insurance companies for the role they played as people lost their homes.

In a post shared on his Instagram on Sunday, Jan. 12, the 55-year-old star producer wrote candidly about some of the tragic scenes he has witnessed over the past week.

“Watching a daughter use a garden hose to try and protect her 90-year-old parents’ home because their insurance was canceled was just gut-wrenching to me,” Perry 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 added. “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.”

Many Los Angeles residents have spoken out against what they deemed exploitative insurance companies, after the Los Angeles Times reported that insurers including State Farm General, the largest home insurance business in California, announced it would not be renewing thousands of home insurance policies in Pacific Palisades, Altadena and other fire-prone areas in 2024.

Stories of residents choosing to defend their homes from the flames by themselves — such as the 66-year-old man who died trying to keep his house from being burned by the Eaton fire with a garden hose — have also garnered national media attention.

While insurance companies have been pulling back on their home policies in California, amid concerns about natural disasters, officials have taken steps to try to encourage insurance companies to stay in the state.

Though the insurance companies draw widespread criticism for dropping policies for catastrophes like the L.A. fires, they say changes must be made (including raising premiums) in order for them to financially be able to cover insurance in places like Southern California. Otherwise, they argue, they wouldn’t be able to afford policies for anyone.

Consumer advocates have accused them of focusing on profits over people.

California also offers the FAIR Plan, through the state, as a backup insurance option to cover some damages and costs.

Residents using insurance from other companies were also left with much costlier policies and without adequate means to cover their losses, the Los Angeles Times reported.

Additionally, The Wall Street Journal reported this week that the wildfires are expected to be the costliest in United States history, with the economic losses estimated at around $50 billion.

The destructive Palisades fire first began in the L.A. neighborhood of Pacific Palisades on Jan. 7, and has since burned more than 23,700 acres with 11% containment, according to the Los Angeles County Fire Department. On the other side of L.A. County, the Eaton fire also began on Jan. 7 and has already burned more than 14,000 acres. Additional fires have also sprung up in the Southern California area.

Many celebrities have shared that they have lost their homes in the fires, including Adam Brody and Leighton Meester, Billy Crystal, Anna Faris, Cobie Smulders and Taran Killam, Paris Hilton, Candy Spelling, Cameron Mathison, Heidi Montag and Spencer Pratt, John Goodman, Ricki Lake, Cary Elwes, Anthony Hopkins and Eugene Levy.

Related Posts

BREAKING NEWS: Whoopi Goldberg has visited the families of the victims of the plane crash that capsized at Toronto’s Pearson Airport. She has donated $2 million and promised to…see more

In a heartfelt gesture of compassion and solidarity, renowned actress and humanitarian Whoopi Goldberg recently visited the families of the victims of the tragic plane crash at Toronto’s Pearson International…

Read more

SHOCKING NEWS: Leonardo DiCaprio shockedly recounts the life-and-death moment when he survived a plane crash and capsize at Toronto airport. At that moment, I felt like I had…see more

“I THOUGHT IT WAS OVER” – DICAPRIO’S TERRIFYING ACCOUNT 🎤 Speaking about the horrifying experience, DiCaprio admitted: “I genuinely thought that was it. I thought I wasn’t making it out…

Read more

Happy Birthday!! Rick Ross shows his special affection for Lil Wayne by singing to him on his 42nd birthday with an expensive gift

Happy Birthday!! Rick Ross shows his special affection for Lil Wayne by singing to him on his 42nd birthday with an expensive gift Happy Birthday!! Rick Ross shows his special…

Read more

Rick Ross wants to give Meek Mill a Superbike from his collection, but Mill wants a bike worth $10 million, more expensive than a supercar

Cσllеctσɾs а𝚗Ԁ fа𝚗s cσᴠеt Bυɡаttι sυρеɾcаɾs. TҺе bɾа𝚗Ԁ еριtσмιzеs еlеɡа𝚗cе, ρσwеɾ, а𝚗Ԁ wσɾƙма𝚗sҺιρ. Bυɡаttι’s еlеɡа𝚗t stylι𝚗ɡ, cυttι𝚗ɡ-еԀɡе tеcҺ𝚗σlσɡy, а𝚗Ԁ υ𝚗маtcҺеԀ ρеɾfσɾма𝚗cе маƙе ιt а stаtυs syмbσl. Rσ𝚗аlԀσ’s ιмρеccаblе tаstе а𝚗Ԁ…

Read more

Rick Ross gave his sister Rihanna a pink Rolls Royce Cullinan as a late birthday wish

Rapper and businessman Rick Ross made news when he gave his 36-year-old sister Rihanna a pink Rolls Royce Cullinan as a birthday present. It was an act of kindness and…

Read more

Rick Ross gave his beloved daughter a crown studded with 200 diamonds worth more than $10M on her 16th birthday: ‘You always deserves the best’

I𝚗 а Һеаɾtfеlt Ԁιsρlаy σf ρаtеɾ𝚗аl lσᴠе а𝚗Ԁ cσ𝚗cеɾ𝚗, ɾе𝚗σw𝚗еԀ ɾаρρеɾ Rιcƙ Rσss Һаs mаԀе tҺе Ԁеcιsισ𝚗 tσ ρσstρσ𝚗е Һιs ԀаuɡҺtеɾ’s еxtɾаᴠаɡа𝚗t Swееt 16 bιɾtҺԀаy bаsҺ. TҺе ҺιɡҺly а𝚗tιcιρаtеԀ cеlеbɾаtισ𝚗,…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *