Filed Under:Claims, Catastrophe & Restoration

EQECAT: $1-$3B In Insured Losses From Joplin, Mo. Tornado

A neighborhood destroyed by a powerful tornado on Sunday is seen in Joplin, Mo. Tuesday, May 24, 2011. A tornado moved through much of the city Sunday, damaging a hospital and hundreds of homes and businesses and killing at least 116 people. (AP Photo/Charlie Riedel)
A neighborhood destroyed by a powerful tornado on Sunday is seen in Joplin, Mo. Tuesday, May 24, 2011. A tornado moved through much of the city Sunday, damaging a hospital and hundreds of homes and businesses and killing at least 116 people. (AP Photo/Charlie Riedel)

NU Online News Service, May 24, 11:18 a.m. EDT

Catastrophe risk modeling firm EQECAT says insured losses for the Joplin, Mo. tornado—the deadliest twister in more than 60 years—could be between $1 billion and $3 billion.

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