They have done that with a lot of high risk areas. They have been doing the same in Florida for a couple of years now. I thought the news were exaggerating about the insurance crisis in Florida until, my home insurance company went under 2 months after I paid them over $3k for coverage for the year. I spent several days making calls and every big player told me they were not touching Florida homes. I read an article were experts shared their concerns about how many new policies the company called Citizens insurance was issuing in Florida and they were concerned that, if a significant enough natural disaster happened, Citizens insurance wouldn’t be able to pay all those claims. That was before the hurricanes that just hammered the state last year.