I originally replied to your thread because Seth asked me to, he was too busy to reach all requests at the time.
So let me add this thought to your inquiry, for round insert to be able to work from 0 to 180 degrees on lathe, it would have to be configured in grooving tool holder where width of shank at certain length has to be narrower than diameter of round insert.
That would classify holder as related to grooving tool and as such it would be rejected in turning operation as 'Wrong tool".
Although it is possible to use grooving tool as turning tool in other software, this is not possible in Fusion for some odd reason.
So, not only that not being able to use grooving tool as turning tool is a bug, not being able to define holder along with round insert is also a bug, no question about it in my mind.
Although grooving tools are designed to primarily plunge into the stock, many tools on the market can be safely used for minor turning, driving tool sideways wherever possible.
With round insert being restrained by set screw in the center, you wanna be careful about direction you drive your tool in.
Driving tool from front to back will pressure tool ino its seat, friction of insert bottom and side wall with holder, along with tork of a set screw will resist tendency to result in spinning of insert under load of a cut.
Drive same tool in back to front direction and it won't be long before pressure of a cut will loosen up the set screw and allow insert to spin in its seat, fraction of a second later you will have two or more fragments of that insert.