People are downvoting you but that actually happened a few years ago in 2009 when State Farm wanted to pull out of Florida after the state refused their proposed rate hike: among other disincentives, Florida said uh uh, you don’t get to pull out of homeowners and still sell auto insurance. It worked, State Farm stayed.

I’m surprised I’m not hearing this talked about more because locally it was huge at the time. I no longer live in Florida but the back and forth between insurers and the state has been going on since Hurricane Andrew.