Tag: tornado insurance news

Tornado insurance claims in May broke the 75k mark

H. Cutner
Tornado insurance

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…

Read More

Tornado insurance claims have already surpassed $250 million in Oklahoma

G. Turner
Tornado insurance

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.…

Read More

Homeowners insurance rates move up in tornado prone Oklahoma

G. Turner
Tornado damage homeowners insurance

As the season for natural disasters begins, the premiums are headed skyward yet again. Over the last few years, Oklahoma has seen some of its costliest natural disasters, and with the increase in the losses from tornado damage, homeowners insurance rates are now on the rise. The season for tornadoes has now begun and people across the state are keeping a watch on the skies. Some of the regions in Oklahoma are among the hardest hit by severe weather in the entire country. In 2010, there were 55 tornadoes that…

Read More

Tornadoes Rip through Sections of Dallas-Fort Worth

Guest Author

BOSTON, April 4, 2012 – According to catastrophe modeling firm AIR Worldwide, just one month after a notable tornado outbreak across parts of the Midwest and the Southeast, a severe thunderstorm on April 3 spawned up to 10-12 tornadoes that caused extensive, though localized, damage due to high winds, heavy rain, and hail in seven counties in the Dallas-Fort Worth region of Texas. The suburban communities of Arlington and Lancaster experienced significantly damaged buildings, with several homes and businesses flattened by the tornadoes. In Lancaster alone, 300 structures were damaged…

Read More

Massachusetts picks up the pieces after violent tornadoes rip through towns

H. Cutner

Massachusetts is now recuperating from deadly tornadoes that recently wrecked havoc upon residents of 19 small communities in its central and western regions. It was one that caught the state by surprise, leaving many in a state of shock. Although, the city has been used to dealing with snow and extreme colds, residents of Massachusetts where taken off guard with a series of seven deadly twisters.  At least three people in West Springfield and Brimfield died as a result and over 200 reported injured. While also leaving over 48,000 people…

Read More