If Meta is able to insure themselves from the cost of their illegal business practices that, so they have no incentive not to do this, and end up costing everyone money on their insurance... yes that is a problem, not to say what meta is being punished for isn't a problem.

Surely you realise that no insurance company will continually indemnify a company which knowingly and repeatedly breaks the law, resulting in losses to the insurance company? Surely you understand that this isn't how insurance works?