State Farm discontinuing 72,000 home policies in California

[dupe]

Discussion over here: https://news.ycombinator.com/item?id=39790505

Floridians: “First time?”

IF anthropogenic climate change is causing sea levels to rise, then flooding should soon be rampant enough to make all ocean front property both uninsurable and worthless.

I wonder if this is reflected in the market prices? \s