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Why would anyone live in the path of lava floes from a known, active volcano?  In part, because the state-created Hawaii Property Insurance Association ensures they can get subsidized insurance coverage for properties in high-risk lava zones, creating a perverse incentive to develop in dangerous areas that are now at risk of being destroyed.

The better question might be what idiots in the state legislature lacked the intelligence to recognize this as a bad idea, not just financially, but morally as well.

For more on how this scheme ‘works’ go to the Wall Street Journal article at https://www.wsj.com/articles/a-housing-boom-then-a-volcanic-eruption-1526841109?mod=searchresults&page=1&pos=2

kyle (882)