[iandanforth]

As it's only tangentially mentioned in the article people should know that in many (most?) places insurers can't raise prices commensurate with risk making "nonrenewal" their only option.

These regulations have reasonable origins because as a mandated product it's pretty tempting to price gouge, but there's no exception for circumstances where the price really should be 3x the historical cost.

[infecto]

This is the massive failure that exists in many states. You are unable to raise rates but the risk has increased and premiums must increase. Both CA and FL are huge losers in this regard. Heavy regulation on rate increases but then happy to create underfunded state policies for their constituents.

[toomuchtodo]

Root cause is that wages cannot sustain climate liabilities (insurance costs) that have been incurred by decades of fossil fuel strategy. People also can't afford to move, it is costly to build new housing due to labor and material costs. Bit of a death spiral all around.