Author: G. Turner

Gloria has several articles published on industry trends based on an array of different subjects but specializes within the insurance industry. She has accomplished her top goals of becoming an accredited news journalist that addresses top issues in a way that entertains as well as educates.

Texas Files Lawsuit Against Allstate Over Alleged Illegal Data Collection Practices

G. Turner
Allstate data collection

Allegations of Unauthorized Tracking The state of Texas has launched a lawsuit targeting Allstate, one of the nation’s major insurers, accusing the company of illegally collecting and utilizing driver data without consent. This lawsuit, filed by Attorney General Ken Paxton, asserts that Allstate created an extensive “driving behavior database” using data obtained from over 45 million Americans. This database, reportedly developed by Allstate’s data analytics subsidiary, Arity, allegedly relied on tracking technology embedded into mobile applications without users’ knowledge. The complaint further claims that Allstate profited by leveraging this data…

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Florida Home Insurance Premiums on the Rise Again

G. Turner
Florida Home Insurance

Why Florida’s Insurance Rates Are Climbing Faster Than Ever Home insurance premiums in Florida are climbing higher, sparking fresh concerns among homeowners and consumer advocates. While stabilized rates in early 2024 offered respite, recent data from the third quarter show an uptick in costs, reversing the trend of slowing increases. Understanding the factors behind these changes is vital for homeowners and industry leaders alike, as new dynamics including inflation, reinsurance prices, and storm recovery efforts take center stage. Rising Insurance Premiums in Florida An analysis of data from Florida’s Office…

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USAA Ends Standalone “Pay as You Drive” Program Amid Changing Telematics Landscape

G. Turner
USAA insurance news telematics

Telematics in Insurance: A Growing Trend with Complex Challenges Telematics-based insurance has been at the forefront of innovation in recent years. Harnessing GPS and real-time data, telematics enables insurers to adjust premiums based on driving behaviors, offering personalized pricing models. The concept has gained traction as consumers seek fairer, usage-based policies while insurers explore ways to minimize risk and incentivize safe driving. USAA, a major player in the insurance industry, ventured into telematics by acquiring Noblr in 2021. Noblr’s core product revolved around the “Pay as You Drive” model, where…

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Why Global Insurance Premiums Dropped While US High-Risk Areas Face Rate Hikes

G. Turner
Global Insurance Premium

Global Insurance Premiums Fall Amid Competitive Dynamics, But US High-Risk Areas Feel the Heat Global insurance premiums dropped by 0.9% in 2024, marking the first overall decline in seven years. This shift follows a prolonged period of rate hikes that bolstered insurer profitability but attracted new market players eager to claim their piece of the pie. According to a report by Howden, the influx of competitors has driven prices downward, resulting in a more contested landscape. Yet, this competition unfolds against a backdrop of persistent economic challenges, including inflation and…

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Windstorm Coverage for All? The Bold New Proposal for Citizens Insurance

G. Turner
Citizens Insurance

Florida House Bill 13 Proposes Transformations for Citizens Insurance A significant proposal aimed at reforming Florida’s state-backed Citizens Property Insurance Corporation is currently under review for the 2025 legislative session. House Bill 13, introduced by Representative Hillary Cassel of Broward County, suggests making Citizens Insurance available to all Florida property owners while limiting its coverage exclusively to windstorm damage. This proposal has sparked considerable debate, with varying opinions emerging on its potential effectiveness. Expanding Windstorm Coverage to All Floridians House Bill 13 proposes transforming Citizens Insurance into a windstorm-only insurance…

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