NU Online News Service, Dec. 20, 10:21 a.m.EST
Missouri regulators say a judge has approved a proposal to allowMissouri Farm Bureau to assume the operations of three insurersmade insolvent by the May tornado in Joplin.
“This is a win for all involved,” says John M. Huff, director ofthe Missouri Department of Insurance (DOI), in a statement.“Policyholders' claims will be paid and Missouri taxpayers will nothave to foot the bill.”
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