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Insurance hires: Gallagher, Preferred Employers Insurance
Preferred Employers Insurance sales and distribution manager Meanwhile, Preferred Employers Insurance, a Berkley company, has named Steve Feemster (pictured above, right) as its new sales and distribution manager for Southern California. Feemster brings over 30 years of experience in underwriting and insurance sales. Source link

HDI taps Guidewire and EY for cloud-based policy system transformation
Kashif Syed, HGIC’s chief information and transformation officer, said that the cloud-based system allows the company to focus internal resources on functions that provide value to employees, brokers, and policyholders while Guidewire handles system maintenance and updates. Source link

Should drivers over 65 pay more for auto insurance?
Proponents argue that the bill is necessary to protect older drivers from unfair rate increases, particularly as Louisiana grapples with high auto insurance premiums. According to the report, the bill has faced opposition from the insurance industry, with the American Property Casualty Insurance Association (APCIA) asserting that it unnecessarily duplicates existing regulations. Source link

Relation Insurance acquires True-Course Aviation Insurance
True-Course provides insurance services to aviation-related clients, including aircraft manufacturers, flight schools, and corporate aviation operators. As part of the acquisition, owner Alejandro Galioto will remain with the business and lead the development of Relation’s aviation practice. Source link

Addressing ‘silver tsunami’ is critical, warns MMA claims director
Redefining claims advocacy As the workforce undergoes a generational shift, so do industry demands. AI, machine learning, and data analytics are reshaping claims management, but technology alone isn’t the solution. The key is ensuring that these advancements align with the needs of a younger, more diverse workforce while also preserving the institutional knowledge that’s at…

Florida lawmakers revive effort to repeal no-fault auto insurance
Under Florida’s no-fault system, drivers are required to carry $10,000 in PIP coverage to cover their own medical expenses regardless of fault in an accident. However, critics argue that the $10,000 limit, unchanged since 1979, is insufficient to cover modern medical costs. Source link