Hollywood mogul Tyler Perry is blaming “greedy” insurance companies instead of California Democrats for people losing their homes and not having fire insurance.
“People who have paid premiums all of their lives are left with nothing because of pure greed,” he continued. “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.”of this problem instead of protecting the Democrat Party, more specifically the California Democrat Party, and how they ran insurers out of the state.
These insurance companies didn’t flee out of greed. They fled for survival. Insurance companies saw the dereliction of duty committed by California Democrats and got the hell out. Everyone knows California is susceptible to wildfires, and insurance companies knew Democrats weren’t doing anything about it. There were no controlled burns. There was no brush clearing. The reservoirs weren’t filled. The fire department budget had been cut.
Then there’s the fact that the government refused to let the insurance companies raise their rates to a level that met the obvious risk.