This reads like apologia for the insurance industry. Note the glaring absence of you mentioning their fiduciary responsibility to maximize shareholder value. I can almost see the vein on your forehead throbbing as you try to explain what insurance is to me. I understand how insurance works, but am resisting the almost overwhelming urge to reply KenM style.
Yoinking an insurance policy for my Fabrige egg collection, because I won't stop juggling them? Cool.
Yoinking coverage for my my home, which I'm basically anchored to (proximity to work, schools etc.), while you slink off with your profits? Not so cool.
What does "uninsurable home" do to property values? The insurance companies will do fine, while I'm left to sort this out (lose everything).
I understand why they pulled out. Do you grasp the notion that home owners can't instantly pull up stakes and teleport to more insurable locations? Do you understand how the non-insurability aggressively power-fucks those stranded home owners ability to salvage any equity in their homes?
The guillotines will be adorned with the Surprised Pikachu face.