Largest Ever Insurance Payout Expected ? CBS St. Louis

JEFFERSON CITY, MO. (AP) - State officials say the Joplin tornado will be the largest insurance payout in Missouri history.??

Insurance companies already have paid out more than 500-million dollars in claims, in Joplin.??

But the final total could grow to three or four times that amount.?

The Missouri Department of Insurance said?insurance companies have reported receiving 14,910 claims on homeowners, commercial and vehicle insurance policies so far.?

But the state agency says insurance companies expect nearly 17,000 additional claims to come in from the May 22 tornado.?

The state agency says it expects insurance companies ultimately will pay between $1.5 billion and $2 billion in claims.

Copyright Associated Press

Source: http://stlouis.cbslocal.com/2011/06/30/largest-ever-insurance-payout-expected/

casablanca casablanca viper mash new york natalia vodianova empire state building