Well, insurance companies should be the most knowledgable about potential risks. Personally, I don't think it makes sense to spend lots of money to continue bui

Well, insurance companies should be the most knowledgable about potential risks. Personally, I don't think it makes sense to spend lots of money to continue building in unsustainable locations (e.g. regular flooding) and we shouldn't be socialising those risks. Building mitigations can make sense in some circumstances, and that should reduce insurance premiums after they've been shown to be effective.