California E&S Insurance

You're right that insurers generally aren't doing anything legally wrong by pulling out of areas they view as being high risk. The problem is more that insurance is viewed by many people as being a necessity rather than as a "nice to have" thing, so insurers pulling out of an area means people living there can no longer get something they view as a necessity. In some cases it actually is a necessity, too, such as when a mortgage on a house requires the owner to have it insured. Even if it makes business sense for an insurance company to pull out of an area, unless as a society we want everyone to just fully evacuate any disaster-prone area people deserve to be able to get insurance. It may not be fully on the insurance companies to solve this - it may require some form of government intervention (possibly including better disaster planning, them providing some form of last resort insurance themselves, etc.). But I think it's fair that insurance companies are getting a lot of backlash right now because they've developed a reputation for not operating with their customers' best interest in mind.

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