Keep in mind that insurance companies are for-profit businesses like any other. They need to make more money than they pay out. Recent wildfire exposures from 2017 to 2021 have made it tough for them to charge enough to cover rebuilding costs, which is a big part of California’s crisis. Plus, due to Prop 103, decisions being made by the Insurance Commissioner, COVID-19 and supply chain issues, the insurance industry is in a situation which just isn’t sustainable for carrier to remain solvent without making sure they can cover all of the risks that they insure.