In Your Business

Adjuster Estimates

In Your Business - News related to the Business end of Catastrophe claims handling.
 

Oklahoma Insurance Claims from El Reno, Moore Tornadoes Top 60,000

Roy
/ Categories: News, Storms
Oklahoma Insurance Claims from El Reno, Moore Tornadoes Top 60,000

Source: OID

OKLAHOMA CITY – Insurance claims filed in response to several May tornadoes jumped to 60,308 Tuesday, with insurance payments reaching $470,323,299.

 

“These numbers are already staggering, and this is just the beginning,” said Oklahoma Insurance Commissioner John D. Doak. “Many of the victims haven’t received their entire settlement checks yet, so that payment number will continue to go up for a while. This is something the state of Oklahoma is going to be dealing with for a long time. Those affected by the storms need to know that we’re here to help, for as long as it takes.”

 

May 19th & 20th Tornadoes

Type of Claim                         Claims Received         Payments Made

Homeowners                                 16,002                  $326,073,951

Private Auto                                  19,841                    $51,690,669

Commercial Property                         886                     $12,872,669

Commercial Auto                               422                       $1,119,906

Other                                                  415                       $2,510,873

 

May 30th & 31th Tornadoes

Type of Claim                         Claims Received         Payments Made

Homeowners                                  13,070                  $59,370,622

Private Auto                                     8,215                    $8,227,608

Commercial Property                          963                     $6,436,460

Commercial Auto                                207                        $989,990

Other                                                   287                     $1,030,551

 

Source Document

Comment

warning
You don't have permission to post comments.

Channels

In Your BusinessIn Your Business

In Your Business

News related to the Business end of Catastrophe claims handling.
KBKB

KB

Information and Resources on Claim Handling and Catastrophe work for adjusters and those looking to enter the claims handling industry.
LicensingLicensing

Licensing

Information and Resources related to Adjuster Licensing
Man Made CatastrophesMan Made Catastrophes

Man Made Catastrophes

NFIP SupportNFIP Support

NFIP Support

Information and Resources for insurance adjusters related to the handling of flood claims.
Policy SupportPolicy Support

Policy Support

Software CentralSoftware Central

Software Central

Adjusting Software information, reviews, discussions and links.
Storm PageStorm Page

Storm Page

The Storm Page, this is the CADO version of a weather page. On this page we provide information on current weather events, links to weather sites and weather related discussions. All adjusters are invited to share weather information by posting it in the forum or adding your favorite weather links to the Resource Directory. Also, if you have photos of weather related damage please share them by adding them to the Photo Gallery.