Insurance companies are waiting to collect more from those in low risk/no risk areas. Our house insurance has tripled in 6 years, and it will only flood here if Sydney gets a massive tsunami, and then the insurance companies would be out of business and the top brass run for the hills.
"Isaiah 2:19 And they shall go into the holes of the rocks, and into the caves of the earth, for fear of the LORD, and for the glory of his majesty, when he ariseth to shake terribly the earth."