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.

Colorado health insurance program provides undocumented immigrants coverage

G. Turner
Health insurance Data - Colorado

The program’s first year of operation cost tens of millions and has saved wellbeing and lives. The first year of the Colorado health insurance program offering undocumented immigrants with healthcare is now offering its first annual data tallies. In the state, every insurer offering coverage must sell to everyone, regardless of documentation status. Undocumented immigrants can legally obtain health insurance coverage in the state. In its first year of operation, the state paid $73 million to insurers for the program. This does not subtract the amount paid into the program…

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US consumers are still shopping around for auto insurance

G. Turner
Auto insurance - shopping - mobile

Q2 data from JD Power showed that switching continued to be as high as in the previous quarter. Rates continued to be an obstacle for auto insurance companies in this year’s second quarter, according to the JD Power Q2 2023 US Auto Insurance Shopping LIST Report. Insurers have been increasing rates to keep up with costs, sending drivers to look for cheaper options. As auto insurance rates keep climbing, drivers have been looking into different coverage options in an effort to find options that will be more affordable. The report…

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AAA’s Decision to Drop Auto and Home Insurance Customers in Florida Spells Trouble for Policyholders

G. Turner
Home insurance - home and auto gone

Shortly after Farmers made a similar announcement, this insurer followed suit. AAA has announced that it will not be renewing auto and home insurance policies for some of its existing Florida customers, becoming the next in a growing list of insurers scaling back their business in the struggling state. Florida has been facing disasters in increasing frequency and severity, sending insurers fleeing. With the number of hurricanes and tropical storms leaving catastrophes behind in Florida, auto and home insurance companies in Florida are choosing not to renew policies for some…

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Farmers sets California home insurance limits, further restricting the state

G. Turner
Home insurance shopping online - Limits

This step was taken on the heels of State Farm’s and Allstate’s exit from selling there. Farmers Insurance has made a filing revealing that it is implementing restrictions on home insurance in California, further limiting the choices residents of the state have to protect their properties. Insurers have been blaming increasing wildfire risk and rising costs of repairs and replacements. Farmers is only the latest to change the way they do business in the Californian home insurance market. Allstate and State Farm both announced earlier this year that they will…

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New Florida force-placed insurance regulations now in effect

G. Turner
Force-placed insurance - Regulations

As of last weekend insurers and mortgage lenders have new rules to which they must comply. Starting on July 1, Florida force-placed insurance regulations have been updated, requiring insurers and mortgage lenders to face certain tighter restrictions on the implementation of those policies. The change is the result of a new bill approved by Florida lawmakers earlier in 2023. House Bill 793 took effect at the start of this month, with the intention of banning what some have referred to as lender “double dipping.” That occurred when lenders put force-placed…

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Part-time residents could see Citizens Florida home insurance rates doubling

G. Turner
Home insurance - Florida Rates Rising

This particular group of Florida residents are expected to see a very large increase in their premiums. The spotlight is on Florida’s part-time residents at the moment, as their home insurance in particular is expected to skyrocket even more than that of people who are permanent residents of the state. Regardless of whether part-time residents live in condos or houses, the rates are heading to the moon. Citizens Insurance – the state home insurance of last resort – has asked regulators for permission to increase the rates of seasonal residents…

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How Whole Life Insurance Can Support Your Retirement Goals

G. Turner
whole life insurance and retirement

When you, as a young working individual, think of retirement, what do you envision? A life where you no longer have to work and can simply enjoy all the comforts of home and family? Or maybe you see yourself exploring the world? The opportunities are endless, at least for you who’s yet to retire. However, the reality for those who have already bid farewell to their professional lives and entered retirement is completely different.  A recent Allianz poll shows that 61 percent of Americans worry more about running out of…

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