Officials: Insurers' have paid $470M on recent Okla. tornado claims

06/14/2013 | PropertyCasualty360

Property/casualty insurers have paid more than $470 million on claims related to tornadoes that hit Oklahoma last month, Insurance Commissioner John Doak says. "This is something the state of Oklahoma is going to be dealing with for a long time," Doak said in a statement. Insurers have received more than 60,300 claims related to the tornadoes in the latter half of May, according to the Insurance Department.

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