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Oklahoma tornadoes: Tornado damage could exceed $2 billion

Oklahoma Insurance Commissioner John Doak said insured losses from the tornado that hit Moore, south Oklahoma City and Newcastle on Monday could surpass $2 billion.
BY JAY F. MARKS Modified: May 23, 2013 at 2:52 pm •  Published: May 22, 2013

“Certainly it's in the hundreds of millions,” he said. “I suppose seeing projections from similar disasters, it could stretch to a billion” dollars or more.

More than 4,000 insurance claims have been filed so far at First Baptist Church in Moore, where representatives of all major insurance companies are on hand to help customers.

“It's very busy out here,” Doak said. “There's so many people getting advance checks that we had to have banks here.”

Doak said the site at 301 NE 27 allows people affected by the storms to get help they need from their insurance companies. He said it is the result of years of planning after studying the response to other disasters across the nation.

“It's really paying off,” he said. “We were ready.”


The Associated Press

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