Missouri News

Accident Fund Will Cover Comp Claim for Joplin Tornado Survivor

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 …

Missouri Regulators Recover Nearly $10M in Insurance Payments

Consumers who filed complaints with the Missouri Department of Insurance have received almost $10 million in additional claims payments from their insurance companies, the department announced. The Missouri DIO has recovered $9.9 for consumers through the first three quarters of …

Arthur J. Gallagher Acquires S. A. Freerks & Associates

Arthur J. Gallagher & Co. announced it has acquired S. A. Freerks & Associates Inc., headquartered in St. Louis, Mo. Founded in 1979, S. A. Freerks & Associates (SAFA) is a managing general agent and wholesale insurance broker which provides …

Workplace Deaths Drop 25% in Missouri

Fewer people are dying on the job in Missouri. The Department of Labor announced that there were 107 fatal work injuries in 2010 in Missouri, down 25 percent from 2009. Sixty of the victims died after being struck by vehicles. …

For Some in Midwest Deadline for Flood Claims Is Today

The federal government is warning those who suffered losses from Missouri River flooding this summer that deadlines to file insurance claims are approaching. The Federal Emergency Management Agency says that for some people the deadline is Sept. 29. Under federal …

Insurance Payments in Joplin, Missouri Recovery Top $1B

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: …

New Insurance Laws Go Into Effect in Missouri

Missouri homeowners hit by damaging storms now have stronger protections in place under two new state laws that recently went into effect, insurance regulators announced. The laws allow insurance companies to better serve hard-hit areas and protect consumers against unscrupulous …

Missouri Governor Seeks Detail on FEMA Funding Freeze

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 …

Tornado Has Cost Insurance $2.2B So Far in Joplin, Missouri

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. …

Insurance to Pay Part of Joplin Schools’ $30M Tornado Cost

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 …