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.

Alabama health insurance rates under scrutiny for first time since ACA

G. Turner
Alibama Health Insurance Costs

The state has not undergone this process since it first implemented the Affordable Care Act. Alabama health insurance companies will face a new wave of scrutiny from state regulators when they seek to increase the rates they charge in 2017. This is the first time they will have undergone scrutiny for rate changes since the insurance exchange launched there in 2013. Obamacare’s regulations were meant to encourage states to implement insurance rate reviewing systems. The purpose of the reviews is to provide states with a means by which to consider…

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Open federal insurance regulations meeting to be held on June 3

G. Turner
meeting federal insurance regulations

The U.S. Federal Reserve hopes that Friday will use this opportunity for proposals for capital and other rules for insurers. The U.S. Federal Reserve has announced that June 3, 2016 will be the date for its open meeting in which proposals will be discussed with regards to federal insurance regulations for rules including capital and other factors affecting insurers. This Friday’s meeting will be centered around changes in regulations that have been building for over five years. The announcement from the American central bank was made following the preview of…

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Health insurance companies are withdrawing from many U.S. markets

G. Turner
health insurance company online exchange

A number of insurers have been stepping out of a number of areas they have deemed to be unprofitable. The Affordable Care Act may be experiencing a shift in the health insurance companies that are continuing to participate in some marketplaces next year, particularly when it comes to those selling plans in rural areas. This may leave the residents of certain areas with health plan options from a single insurance company in 2017. According to state regulators, the online insurance exchanges that are central to the ACA in Alaska and…

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Arizona children’s insurance plan gets the go ahead

G. Turner
Children's insurance plan health care

The state has now joined the rest of the country and has become the last one to offer low income kids a program. Arizona has now become the fiftieth state to offer a children’s insurance plan to low-income kids, after the plan’s backers pushed it through the Legislature and landed it on the desk of Governor Doug Ducey (R), who signed it right away. The program will be known as KidsCare and will be the federal Children’s Health Insurance Program version for Arizonians. In Arizona, the children’s insurance plan has…

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Commercial auto insurance is continuing its slumping trend

G. Turner
commercial auto insurance business

According to Fitch Ratings, this sector has been a “chronically underperforming product segment.” Fitch Ratings has revealed that the commercial auto insurance market as a whole had not only experienced an underwriting loss last year, but also that this was the fifth year in a row in which that happened. Fitch also said that the P&C market was in its third consecutive year of considerable underwriting profits. The American commercial auto insurance market has become a “chronically underperforming product segment” for insurers, said Fitch. These underwriting losses have even been…

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