Tyler Perry Criticizes ‘Greedy’ Insurance Companies for Dropping Thousands of Customers Ahead of LA Wildfires

Filmmaker, actor, and writer Tyler Perry has strongly criticized “greedy” insurance companies for failing to renew tens of thousands of homeowners’ policies before the destructive LA wildfires.

The 55-year-old Madea star condemned the industry for canceling “millions of policies” just as devastating wildfires swept through the region.

As of January 13, reports indicate that at least 24 people have lost their lives, with the number of missing persons continuing to rise as the blazes ravage Los Angeles County.

In an emotional Instagram post, Perry recounted the story of a woman who was forced to use a garden hose to try and protect her elderly parents’ home after losing insurance coverage. He described 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.”

According to the LA Times, insurance companies such as State Farm, Chubb, and Allstate have ceased renewing or issuing policies for high-value properties in fire-prone areas, leaving many California residents at risk during the ongoing wildfires.

The Palisades Fire, one of the most destructive among the five major wildfires, has consumed nearly 24,000 acres, while the Eaton Fire has scorched over 14,000 acres, forcing the evacuation of more than 100,000 people.