Tornado insurance claims from Mississippi approaching $100 million

April 24, 2023April 22, 2023 Marc

The twister in March left a lengthy path of destruction through several parts of the state. The tornado insurance losses from the twister that ripped through parts of Mississippi in March are rapidly climbing, to the point that they are now nearing $100 million. Uninsured losses from the damage are expected to be even greater than those that are covered. The Mississippi Delta experienced particular damage from the storm, and it is among the poorest regions of the United States. As a result, tornado insurance coverage in the area hardest…

Tornado insurance claims have already surpassed $250 million in Oklahoma

June 10, 2013June 8, 2013 G. Turner

Homeowners, property, auto, and other claims have contributed to this massive and growing total. According to the state commissioner, the tornado insurance claims from May in Oklahoma have already risen to the point that they have reached $250 million and they are expecting to surpass that total quite quickly before long. The devastation that was caused in the Oklahoma City area in May was staggering. Since May 19, there have been over 32,000 total tornado insurance claims on various different types of policies. This, according to Commissioner John Doak’s data.…