Company Says Insurance Rates Won't Rise After Disasters

7 years 2 weeks 2 days ago Monday, June 06 2011 Jun 6, 2011 Monday, June 06, 2011 2:22:00 PM CDT June 06, 2011 in News
By: Jamal Andress

COLUMBIA - Officials at Shelter Insurance said Monday the state's natural disasters will not heavily affect insurance rates in Missouri. According to Shelter's Joe Moseley, the rates charged to Missourians are determined on a 25-year period. Moseley said one year with a lot of disasters is not enough to have a raise rates in the state.

Travis Ford of the Missouri Department of Insurance said the department's responsibility is to regulate insurance companies in the state of Missouri. Ford said even though there has been a large influx of claims, his agency has not had an influx of complaints from Missouri customers.

Ralph and Peggy Moriarty were hit hard by the tornado in Sedalia and they said the insurance company has been quick and efficient. Ralph Moriarty said they got a check to help them rebuild their home one day after the storm hit.

Related Stories

More News

Grid
List
McALLEN, Texas (AP) — Immigration enforcement on the U.S.-Mexico border was plunged deeper into chaos over President Donald Trump's... More >>
54 minutes ago Friday, June 22 2018 Jun 22, 2018 Friday, June 22, 2018 7:52:00 AM CDT June 22, 2018 in News
JEFFERSON CITY – Gov. Mike Parson is expected to sign around five bills Friday. The governor's office has not yet... More >>
1 hour ago Friday, June 22 2018 Jun 22, 2018 Friday, June 22, 2018 7:17:00 AM CDT June 22, 2018 in News
(CNN) -- More than 30 children attending a summer camp in Florida were taken to the hospital Thursday after they... More >>
1 hour ago Friday, June 22 2018 Jun 22, 2018 Friday, June 22, 2018 7:12:00 AM CDT June 22, 2018 in News
MORGAN COUNTY - Authorities said a Gravois Mills woman died in a one-vehicle car accident near Laurie, Missouri. According... More >>
2 hours ago Friday, June 22 2018 Jun 22, 2018 Friday, June 22, 2018 6:32:00 AM CDT June 22, 2018 in News
JEFFERSON CITY - A statewide campaign encourages expecting mothers to monitor their infant's movement in the womb. The Missouri... More >>
4 hours ago Friday, June 22 2018 Jun 22, 2018 Friday, June 22, 2018 4:14:00 AM CDT June 22, 2018 in News
NEW BLOOMFIELD - After months of tension between citizens and city officials, the city council met for the first time... More >>
11 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 9:30:00 PM CDT June 21, 2018 in News
AUXVASSE - Police in Auxvasse posted a warning on Facebook Wednesday about unlicensed salesmen in the area, but the company... More >>
13 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 7:15:00 PM CDT June 21, 2018 in News
JEFFERSON CITY - 1 and 6 males are sexually abused by the time they are 18. For the first time... More >>
13 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 6:49:00 PM CDT June 21, 2018 in News
COLUMBIA - The University of Missouri is changing some of its rules and regulations to offer more leave and layoff... More >>
15 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 5:34:00 PM CDT June 21, 2018 in News
COLUMBIA - A Supreme Court ruling that allows states to charge online retailers sales tax has Columbia businesses rejoicing. ... More >>
15 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 5:18:00 PM CDT June 21, 2018 in News
COLUMBIA - A judge has decided in favor of University of Missouri graduate students who want to unionize. The... More >>
16 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 4:37:00 PM CDT June 21, 2018 in News
HUNTSVILLE – A man accused of killing a Moberly woman five years ago is found guilty of murder in the... More >>
16 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 4:01:00 PM CDT June 21, 2018 in Top Stories
WASHINGTON - Gov. Mike Parson met with President Donald Trump Thursday to discuss Missouri's top priorities. “I appreciate President... More >>
16 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 3:51:00 PM CDT June 21, 2018 in News
JEFFERSON CITY - Missouri mental health advocates showed up at a meeting Thurday to voice their concerns about budget cuts... More >>
17 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 3:32:00 PM CDT June 21, 2018 in News
COLUMBIA – Although "Shwe Market International Foods" mainly sells Asian products and "Chihuahua Mexican Market" Hispanic products, both stores have... More >>
18 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 2:34:00 PM CDT June 21, 2018 in News
COLUMBIA - MU has appointed Latha Ramchand as provost and executive vice chancellor for academic affairs. She was dean... More >>
18 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 2:01:00 PM CDT June 21, 2018 in News
COLUMBIA - Police arrested a man and woman Wednesday after a reported robbery with a gun earlier in the week.... More >>
20 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 12:00:35 PM CDT June 21, 2018 in News
PINEVILLE (AP) — A husband and wife from southwestern Missouri have been ordered to pay $5,000 in restitution for cashing... More >>
22 hours ago Thursday, June 21 2018 Jun 21, 2018 Thursday, June 21, 2018 10:22:42 AM CDT June 21, 2018 in News
Columbia, MO
Broken Clouds 67°
9am 69°
10am 69°
11am 69°
12pm 70°