The clearest example is the state of California preventing insurance companies from increasing annual premium when risks increase. Please understand I have no political opinion about this. As a result, a lot of insurers have completely withdrawn and now its not possible to insure houses properly for many people.
With no government intervention, the price of all fire insurance in California would increase materially to reflect the genuine risk of wildfire damage.
https://www.theguardian.com/us-news/2023/may/27/state-farm-h...
With no government intervention, the price of all fire insurance in California would increase materially to reflect the genuine risk of wildfire damage.