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Iceland is not alone. There are erupting volcanoes all over the planet occurring at the same time. While there was some increase in activity before Hawaii moved from its “hot spot,” the activity has increased since.
The Grindavik activity has increased that it is moving further than it ever has before. In my opinion, for whatever it is worth, I think governments need to prepare for a long duration of activity and protect the life within the reach of these oozing mountains of liquid Earth.
The Hawaiian “Hot Spot” relieved a lot of pressure from the mantle against the lithosphere. That isn’t available in the same way and the mantle is building pressure/uplift that is finding relief through mountains with holes in them.