Tornado insurance claims in May broke the 75k mark

July 8, 2013July 6, 2013 H. Cutner

The payments, so far, have reached almost $688 million for homes and twisters damaged by tornadoes. The claims that were made related to the twisters that occurred in Oklahoma over the month of May have now broken the 75,000 mark, to the point that insurers have now made almost $688 million in tornado insurance payments. On June 26, the number of claims that had been filed for this type of damage reached 75,758 in the state. On that same date, the payments made on tornado insurance claims in Oklahoma for…

Insurance news in Oklahoma could stop controversial anti-fraud vehicles

February 20, 2013February 19, 2013 Julie Campbell

A new bill would remove the police package cars that were purchased by the state’s department. A bill in Oklahoma is making insurance news as it has now been passed by a Senate panel which would bar the state’s Insurance Department from being able to use the police package vehicles that it purchased for use by its anti-fraud investigators. The vote on Monday was unanimous for stopping the “specialized motor vehicle” use. The Senate General Government Committee released their insurance news relating to the vote which occurred on Monday. It…