Many dwarf stars have more solar flares than our sun, while their planets are closer. Teegarden's star is supposed to be very calm right now. I have no idea if that is likely to be true over most of the past 8 billion years. The amount of water they gather may be smaller, and their closer planets may not be able to retain water as well.
So if they were inhabited, what happened to them?
Let's say the origin of life is a million to one filter, and the successful development of sentience is another million to one filter. Those are actually pretty high odds for those two events, and the combination of those two togehter is enough to make it likely we're alone in the Milky Way.
One thing's for sure - if there's really 2 habitable planets, with liquid water, then we've got a hell of a target to point James Webb at when it launches - an infrared spectrum star should mean any plant life is well optimized to towards the redder end of the spectrum - we should see some type of chlorophyll.
Since most of the star's energy is emitted in the infrared, which is a more diffuse form of energy, does this limit the potential of photosynthetic organisms to gain a disruptive evolutionary advantage? (Maybe not. It's still free energy from the sky.)