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Small-Scale Question Sunday for August 27, 2023

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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I'm seeing articles about insurance companies withdrawing from Florida and California because of wild fires. Why are they exiting the market entirely instead of just raising prices to account for the higher risk?

It’s better PR to leave the market entirely and let the next hurricane ruin people’s lives instead of raising premiums and having an entire class of people who had to sell their family house because Farmers hiked their insurance rates 300%.