On existing policy holders but not going to write any new policies? How does the state benefit from that cherry picking and exploitation? These companies are using this crisis to hold states hostage because it’s getting harder to get insurance. State Farm and Allstate have already pretty much pulled out of California home insurance other than the existing customers they have. So why do they get to boost their profits when they’ve already taken a huge chunk of risk off their books by not writing new policies?

You’re an insurance company and you want California business and all the so-called “lucrative” areas like car insurance, then you need to be a comprehensive company and cover all services. If not, nationalize insurance in the wake of climate change with a “public option”. Because the government already comes in for disasters so they should be able to sell policies proactive policies, too.