The Oklahoma Insurance Department says payments from the devastating May tornado outbreak across central Oklahoma have now topped $1 billion.
“These numbers are staggering, and the rebuilding is just beginning,” says Oklahoma Insurance Commissioner John D. Doak. “The amounts go up every week [from] this major catastrophe that has impacted thousands of Oklahomans.”
Some survivors are still dealing with insurance and construction issues that cannot be resolved quickly, but Doak says the department will be there for policyholders “until the last claim is paid.” Since May 19, nearly 91,000 claims have been filed; however, some remain unresolved—which is not uncommon 3 to 4 months after a large-scale disaster.
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