They can't price that risk. That's the whole problem of why they are "pulling out". To be able to do that in the future as there are regulations. Nation-wide i

They can't price that risk. That's the whole problem of why they are "pulling out". To be able to do that in the future as there are regulations. Nation-wide insurance companies use risk pooling. They create funds for things like hurricanes that come every 3 years. And they have reinsurance for catastrophic losses. While it is a simplification, seems like greed to me and serving shareholders, not people who actually need it in a time of need.