I, a passionate admirer, can’t help but express my frustration over insurance companies who made policy adjustments right before the catastrophic wildfires ravaged Greater Los Angeles. Tyler Perry‘s sentiments echo mine as he voices his disapproval towards these firms.
On Sunday, January 12th, Perry shared on Instagram that it was heartbreaking for him to see a girl trying to save her 90-year-old parents’ home using a garden hose because their insurance had been terminated.
The filmmaker expressed his disbelief, stating, “Isn’t it shocking that insurance companies can drain billions from communities over extended periods, only to then terminate policies for millions of people they made fortunes from? It’s as if these individuals, who have faithfully paid premiums throughout their lives, are left with nothing due to sheer avarice.
As a devoted admirer, I’ve shared that I’m deeply engrossed in finding ways to offer aid to those who’ve been struck by this heart-wrenching calamity. I hold all of them close in my thoughts and prayers as I continue on this journey.
As reported by the Los Angeles Times, State Farm General – California’s largest home insurer – declared in March 2024 that they would not renew approximately 30,000 home and condominium insurance policies when they expire. About 16,000 of these homes are situated in the hardest-hit Pacific Palisades area.
According to The Times report, Chubb Insurance and Allstate have ceased issuing new insurance policies for expensive homes that are considered at a high risk of wildfire damage.
Approximately tens of thousands of people have been forced to leave their homes due to the wildfires that ignited on Tuesday, January 7, in the Pacific Palisades. These fires were fueled by strong winds, which caused them to quickly spread across dry vegetation. Since then, they’ve expanded into nearby areas such as Malibu and the Hollywood Hills.
As reported by local officials, at least 16 people have lost their lives so far, with this number likely to increase as rescue operations proceed. NBC News states that the fire has consumed approximately 37,000 acres and demolished around 12,000 buildings. More than 150,000 residents have been ordered to evacuate due to the situation.
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2025-01-13 10:07