Envista Forensics

22,000 Claims and Counting in Wake of Oklahoma Tornado

 Friday, May 31, 2013

 Insurance Networking News

While expected to rise over the coming weeks and months, property and auto insurance claims related to the May 19 and 20 tornadoes in Oklahoma have reached 22,422, representing insured losses of at least $85 million, according to the Oklahoma Insurance Department (OID). The May 19 severe weather that hit Oklahoma, and the EF-5 tornado that hit the town of Moore, Oklahoma on May 20 was an anomaly in that the 2013 U.S. severe thunderstorm and tornado season had been off to a slow start, according to A.M. Best’s report "Briefing: U.S. Property/Casualty. Oklahoma Tornado Ends Modest Cat Activity, Highlights Exposure Management."

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