Filed Under:Claims, Catastrophe & Restoration

Oklahoma Tornado Claims for May Over 70,000

The Oklahoma Insurance Department (OID) says insurance claims from a series of tornadoes in May jumped to 70,782 with insurance payments reaching close to $562 million.

Claims from the two worst outbreaks numbered 40,264 for May 19th and 20th and 29,355 for May 30th and 31st. Homeowners claims has the largest insurance pay-out totaling $437 million for the four day period with 33,808 claims. Auto is close behind in number of claims at 31,693 claims and insurance pay-out of more than $80 million.

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