How can you fault a managed system? Addresses are a few abstractions below the developer.
E.g. - the developer asks for an runtime created asset that doesn't exist anymore or there's a condition under which a block of code runs forever (actually in this case the flash runtime stops after 15 seconds of activity and allows the user to kill it but it's still a "crash" insofar as the user is concerned.
I suspect Flash's (lack of) stability was one of the reasons for considering this design decision in Chrome.