Insurers will make over $2.2 billion in payments for Joplin claims

To date, insurers have made more than $2 billion in payments to cover claims relating to the tornados in Joplin. According to the organization that…

Joplin Tornado

Missouri Department of Insurance says Joplin disaster will be the most costly insurance payout in state history

In late May, a small town in Missouri known as Joplin was ravaged by a powerful tornado. The damage caused to the town left many…

Joplin tornado may cost insurance companies up to $2 billion

Director John M. Huff from the Missouri Department of Insurance announced that the EF-5 tornado in Joplin may have been the “largest insurance event” in…