Florida's largest property insurance company on Wednesday proposed an average increase of nearly 430 percent for optional sinkhole coverage in response to soaring claims and 8.8 percent for all other perils, including hurricanes, fire, and theft, all effective in 2012.

Direct automobile insurance provider Esurance says same-sex partners in Illinois could be eligible for the same 10 percent discount given to married couples of the opposite sex.

Direct automobile insurance provider Esurance says same-sex partners in Illinois could be eligible for the same 10 percent discount given to married couples of the opposite sex.

Zurich, Switzerland-based insurer ACE Ltd. says second quarter net income decreased 10 percent primarily on catastrophe losses.