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.

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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Latest Consumer Behavior Trends in 2024 and Their Impact on the Insurance Industry

G. Turner
Consumer Behavior Trends

How 2024’s Consumer Trends Are Redefining Insurance—Are You Keeping Up? Understanding shifts in consumer behavior trends is more critical than ever. With technology evolving and societal priorities changing, businesses must adapt to remain competitive. For industries like insurance, staying on top of these trends can unlock opportunities to connect with customers more meaningfully and effectively. From social commerce to sustainability, 2024 showcases powerful consumer trends that insurance companies can leverage to refine services and build stronger relationships with modern consumers. The Rise of Social Commerce – 26 Million TikTok Buyers…

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Should Insurers See Green Drivers as Safer Bets for the Future?

G. Turner
Green Drivers

Should Environmentally Responsible Car Owners Be Rewarded for Their Risk-Conscious Lifestyle? Driving a hydrogen fuel cell vehicle or an electric car (EV) often represents more than a transportation choice—it signals a lifestyle rooted in sustainability and personal responsibility. These vehicles promise reduced carbon emissions, improved air quality, and a shift away from reliance on fossil fuels. Yet, despite these benefits to society, owners often find themselves facing financial hurdles that seem at odds with their responsible decisions. Not only do these green drivers contend with additional registration fees that climb…

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Ben Albritton’s Bold Stand Against Hurricane Claim Denials

G. Turner
Hurricane Claim Denials

Can Albritton’s Reforms Save Florida’s Homeowners? In a pivotal moment marked by his first address as president of the Florida Senate, Ben Albritton made it clear that the state’s property insurance companies were under scrutiny. His speech came at a crucial time, following the devastating impacts of Hurricanes Helene and Milton, which left many Floridians reliant on their insurance providers for recovery and rebuilding. Albritton, representing the Republican stronghold in Bartow, emphasized the need for insurance companies to honor their commitments to policyholders who have consistently paid premiums over the…

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State Farm’s $5.2 Million Settlement with Montana Policyholders

G. Turner
State Farm's $5.2 Million Settlement

State Farm’s Settlement and What Went Wrong in Montana? State Farm Mutual Automobile Insurance Co. has reached a settlement agreement with the Montana Commissioner of Securities and Insurance (CSI), concluding a significant chapter in its operations within the state. In February 2024, State Farm agreed to pay $5.2 million to Montana policyholders following a meticulous review of 18,000 claims. This settlement emerged after a two-year examination by state regulators, who identified unfair claim practices by the insurance giant. Additionally, State Farm faced a $4 million penalty, with potential relief of…

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Why State Farm Says November is the Deadliest Month for Deer Strikes

G. Turner
State Farm Says November is the Deadliest Month for Deer Strikes

Navigating the Risks: Animal Collisions on the Rise Animal collisions have become an increasingly common concern for drivers across the nation. With over 1.8 million auto insurance claims related to animal collisions filed between July 2023 and June 2024, drivers are urged to remain vigilant, especially during peak months and in high-risk areas. This article delves into the statistics, liability considerations, and safety tips to help drivers stay safe on the road. State Farm’s Findings: A Closer Look State Farm’s recent report sheds light on the most common animals involved…

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