So, State Farm has pulled out of FL and will no longer offer property insurance there. It's an interesting story well told here.
It comes down to fairness, but not the type of fairness you might think. It's not an issue of large insurers being fair to their customers after a catastrophe; the courts have seen to that. It comes down to whether we are committed to long-term, not short-term, fairness.
Hat tip to Division of Labor.