State Farm to stop accepting homeowners insurance applications in California due to wildfires, construction costs

Is this the first domino to fall? What will happen when the people footing the bill for the post-disaster-rebuilds refuse to foot the bill any longer? Now factor in the increasing cost of construction as well. It does not seem likely that the average person will be able to finance a rebuilt out-of-pocket. It would be great to start addressing emission reduction and affordable housing construction before we reach that point.