Reality for me was when Zurich:Re bumped up the rates they were charging other insurance companies to write policies in coastal areas. It was like "have whatever cosmology you want about this, we're here for the benjamins." That was maybe ten years ago.
Now the Navy is doing FONOPs in the Arctic Ocean because they can and they're building fourteen sea walls to protect naval bases.
I saw the hole thing this morning. Miami at 10ft.