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Missouri regulators will require the states farm-mutual companies to purchase reinsurance to protect their maximum annual loss of surplus for property risks, a response to the 2011 Joplin tornado that put one insurer in distress.

Missouri regulators will require the states farm-mutual companies to purchase reinsurance to protect their maximum annual loss of surplus for property risks, a response to the 2011 Joplin tornado that put one insurer in distress.

Following the heavy catastrophe year of 2011, it is not surprising that the levels of second-quarter catastrophe losses taken by insurers look to be much less despite what has been called the third-costliest spring thunderstorm season in U.S. history.

In the aftermath of last years record-breaking U.S. thunderstorm losses, risk modelers are scratching their heads to figure out if the countrys storm exposure profile is increasing due to historically inadequate modeling methods or other factors.

In the aftermath of last years record-breaking U.S. thunderstorm losses, risk modelers are scratching their heads to figure out if the countrys storm exposure profile is increasing due to historically inadequate modeling methods or other factors.

The handling of a large commercial claim in the aftermath of last year's tornado underscores how proper planning and optimal catastrophe management minimizes both monetary and human loss.

The handling of a large commercial claim in the aftermath of last year's tornado underscores how proper planning and optimal catastrophe management minimizes both monetary and human loss.

Many dedicated claims professionals spent last Memorial Day in Joplin tending to policyholders. Here, we honor their acts of valor, along with those of our veterans of war.