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Missouri regulators say a judge has approved a proposal to allow Missouri Farm Bureau to assume the operations of three insurers made insolvent by the May tornado in Joplin.

Missouri regulators say a judge has approved a proposal to allow Missouri Farm Bureau to assume the operations of three insurers made insolvent by the May tornado in Joplin.

In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of laborand internal debatewe feel the final list weve put together successfully captures the essential news of the past 12 months.

In such an eventful year, with dozens of compelling stories as strong contenders, determining the Top 10 of 2011 was no easy task. But, after a lot of laborand internal debatewe feel the final list weve put together successfully captures the essential news of the past 12 months.

If one could use only a single word to sum up 2011, catastrophes best captures what this year was all about.

Had Japan been more fully insured for earthquakes, 2011 would have set a record for insured catastrophe losses. As it stands, 2011 will see approximately $108 billion in insured manmade and natural catastrophe losses, second only to 2005, when insured catastrophe losses reached $123 billion, according to a Swiss Re...

In the aftermath of a major catastrophe, recovery will require the government and the private sector to work together. And input from the insurance industry is needed, say state officials.

Missouri regulators say some insurers will need to extend rebuild deadlines to avoid bad-faith accusations and possible legal action.