Firstly fuck this guy, fuck his house, and it totally makes sense for insurance companies to not continue to insure houses in areas no longer fit for human habitation, like Florida or Malibu

That being said, I don’t think they should be allowed to cancel existing policies. Like, ever. You can refuse to issue new policies, but if someone buys a home and you sell them insurance, you have to keep insuring them until they move or decide they don’t want your insurance anymore. Maybe you can have the option of paying out the whole amount of the policy to be done with it.

But dropping policies on houses people already owned and insured should be so incredibly fucking illegal and whoever signed the paperwork should be shot. When you buy a house, you do that with the insurance in mind. Changing that after the fact when the person already bought the house and now can’t sell it because it’s uninsurable is evil.