Why insurers worry the world could soon become uninsurable

[EdmondDantes_]

16. Except Florida isn't limiting their profits and companies are pulling out

It's not just California where the rates are limited. Florida has even taken steps to protect insurance companies. It's like with health insurance companies losing money. Everything has become more expensive and the rates have to be higher to keep the companies in business.

It's not as simple as saying they won't make as much money, it's about being able to stay in business in an environment that's more expensive and more volatile than in the past and nobody having caught up yet, insurers or the insured.