Damage Figures from Joplin Tornado Top $1B

Director of Missouri’s Department of Insurance expects total payments to approach $2 billion.

INN Breaking News, September 19, 2011

INN Editorial Staff

Definitive statistics racking up catastrophe losses from the first half of the year have been painting for the public a reality that insurers have been living with for months, and the latest numbers adding to this are damage figures exceeding $1 billion in the wake of the tornado suffered on May 22 in Joplin, Mo.

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