Thank you for posting your query on Microsoft Q&A. Yes, currently IdP-initiated flow is supported only for local account authentication in Azure AD B2C.
It supports SP initiated flow where SAML assertion response is provided by B2C only when requested by application(SP), but not IDP flow as It would requires B2C to issue SAML response when requested by federated IDP (which involves risk of SAML Auth request to be stolen / tampered ).
However if you feel this is impacting the business needs. Kindly post you request on our Feedback portal as this is monitored by our service engineering group or you may raise a feature request via a support case.
Please do let me know if you have any further queries on this in the comments section.
Thanks
Akshay Kaushik
Please "Accept the answer" (Yes/No), and share your feedback if the you feel I was able to answer your query. This will help us and others in the community as well.