November 29, 2011
While insurance companies have paid out more than $1.1 billion for losses stemming from the May 22 tornado that devastated Joplin, Mo., regulators say that timelines contained in some property polices are hampering policyholders’ ability to recover. The Missouri Department …
November 22, 2011
Joplin, Mo., is building at a record pace after the town was devastated by a tornado in May, and city officials said they expect the activity to continue into next year. The city has issued an average of $35.4 million …
October 25, 2011
Michigan-based Accident Fund Insurance Company of America now says it will honor the workers’ compensation claims for a man injured during the tornado outbreak in Joplin, Mo., earlier this year. Mark Lindquist, a social worker, nearly gave his life trying …
September 26, 2011
The mayor of Joplin, Mo., mayor says he appreciates efforts in Washington to get the economy in order, but he’s worried about how that will affect his city as it tries to rebuild from a devastating May tornado. The Senate …
September 19, 2011
Insurance payouts from the May 22 Joplin tornado have exceeded $1 billion, according to the Missouri Department of Insurance. Home, auto and commercial insurers have reported their preliminary claims and payment numbers as of Sept. 1, which are as follows: …
September 2, 2011
Disaster-struck communities counting on federal aid for recovery need to know which rebuilding projects will be delayed as money is shifted to other parts of the country, Missouri’s governor told the Federal Emergency Management Agency. FEMA announced recently that it …
September 1, 2011
The tornado that devastated Joplin in May is expected to cost insurance companies about $2.2 billion. Property Claims Services, which determines insurance payouts for catastrophes, said that figure includes payouts already made and projected payouts for the May 22 tornado. …
August 25, 2011
The Joplin School Board has begun paying the massive bills caused by destruction from the May 22 tornado. The school board approved payment of nearly $30 million for the month of July and about half of August. The district’s typical …
August 17, 2011
As of mid-July insurance companies serving consumers in the Joplin, Mo., area had paid more than $745 million in claims for residential, personal and commercial property damaged by the EF-5 tornado that struck May 22, according to state insurance regulators. …
July 20, 2011
Missouri Gov. Jay Nixon on July 19 outlined plans to allot $122 million in state and federal aid to rebuild homes hit by a devastating tornado in Joplin. The money could start flowing soon to owners of single-family homes needing …