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Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York. Work by 1960s graphic artist and illustrator Peter Max …

Missouri officials say the insurance payout from the May 22 Joplin tornado will be the largest payout in the state’s history. The Missouri Department of Insurance says it expects the claims to eventually total between $1.5 billion and $2 billion. …