Subsidizing in an insurance sense. It's a high risk area, insurance should have covered it. If it was too high risk, insurance shouldn't have covered it, or charge much more etc.
Meanwhile everyone in Sacramento can buy federally subsidized flood insurance. The federal government also built the levees surrounding the county. The entire downtown core had to be jacked up several feet due to persistent flooding. Should everyone in Sacramento move too? Should we end the insurance subsidy?