Insurance payments on claims related to severe tornadoes the last two weeks of May in Oklahoma have eclipsed $470 million, and Insurance Commissioner John D. Doak says this is “just the beginning.”
More than 60,300 claims have been filed with insurance companies from the tornadoes May 19-20 and May 30-31, the Oklahoma Insurance Department reported at press time.
A majority of claims payments—more than $326 million—are attributed to the first round of severe thunderstorms and tornadoes, which include the massive twister that struck Moore, Okla. on May 19. The state Department of Emergency Management says almost 4,000 structures were impacted during the tornadoes, and 1,248 were destroyed during the initial bought of severe weather in May. Policyholders have filed more than 19,841 private passenger auto claims, totaling about $51.7 million in payments from insurers.
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