Personal Lines

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.

Dogs and insurance have been at odds for years.

As health care costs continue to rise and employees are asked to shoulder more of the out-of-pocket expenses, voluntary products can help mitigate the burden. The savvy broker can create a reliable income stream by matching the right voluntary benefits to the right employer.

During its 2011 session the Florida Legislature passed HB 7107, a landmark Medicaid reform act that will convert Floridas Medicaid system from a traditional fee-for-service system to one primarily based upon managed care plans. The time for managed care entities to get with the program is now.

Markup of legislation reauthorizing the National Flood Insurance Program in the Senate has been delayed for at least a weekand could be pushed back until early September.