Insurance Journal » Oklahoma

Claims Pros’ Own Survival Skills Tested in Oklahoma Tornadoes

Mon, 17 Jun 2013 16:42:18 +0000

Michael Pelonero came to Moore to help victims of the May 20th tornado. But he hadn’t planned on trying to outrun one. When a massive EF-5 twister cut a swath through the central Oklahoma suburb of Moore, it left 24 …

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Oklahoma Commissioner Advises Insurers to Delay Nonrenewals

Mon, 17 Jun 2013 16:13:59 +0000

Insurance Commissioner John D. Doak has issued a bulletin to all Oklahoma-licensed property and casualty insurers and insurance producers, advising them to keep customers on their current policies for at least 60 days after the completion of repairs. The move …

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May Storms Damaged at Least 56 Oklahoma Schools

Thu, 13 Jun 2013 16:19:28 +0000

Oklahoma’s school superintendent says as many as 56 public school sites were damaged by violent storms and floods that ripped through the state in May. Superintendent of Public Instruction Janet Barresi said that three sites in Moore and the El …

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Post-Tornado, Looters Come from Afar to Oklahoma

Tue, 11 Jun 2013 15:55:15 +0000

Authorities say looters have come from as far away as New York and Virginia to steal from victims of last month’s tornado in Moore, Okla. The Oklahoman reports that police arrested one man from Elmhurst, N.Y., and two from Virginia …

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Oklahoma Lawmakers to Revive Lawsuit Limits

Mon, 10 Jun 2013 16:14:06 +0000

Oklahoma lawmakers will again consider legislation setting limits on lawsuits and making it easier to dismiss those that don’t have merit after the state Supreme Court struck down a 2009 law on the matter. Legislative leaders were studying their options …

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Officials: Oklahoma Tornado Damaged Vehicles Must Be Moved

Mon, 10 Jun 2013 16:04:29 +0000

Officials in Moore say vehicles that have been abandoned since being damaged by the May 20 killer tornado that struck the Oklahoma City suburb must be moved by June 12 or they will be impounded. An estimated 300 vehicles remain …

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Oklahoma Death Toll at 20 After Tornado, Floods

Fri, 07 Jun 2013 16:48:11 +0000

Oklahoma medical examiner’s office says eight of the 20 people killed during the tornadoes on May 31 and subsequent flooding either drowned or probably drowned. The agency said that one person died of asphyxiation and 10 died as a result …

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Storm Chasing Critical, Profitable and Dangerous

Wed, 05 Jun 2013 16:40:49 +0000

While most people take shelter when a tornado approaches, a growing throng heads for the prairies, be they scientists hoping to protect the public from a twister’s fury or amateurs armed with little more than a smartphone, a digital camera …

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Tornado-Related Insurance Claims Climb in Oklahoma

Wed, 05 Jun 2013 16:35:02 +0000

The total number of tornado-related insurance claims filed by Oklahomans has climbed to 32,433 since May 19, state insurance regulators report. The filings represent insured losses of nearly $250 million, including 13,938 homeowners claims, 17,492 auto claims and 724 commercial …

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22K Insurance Claims Filed After May 19, 20 Oklahoma Tornadoes

Mon, 03 Jun 2013 16:42:03 +0000

The Oklahoma Insurance Department says more than 22,000 claims have been filed for property and vehicles damaged by tornadoes that struck the state on May 19 and 20. The agency says claims filed so far represent insured losses of at …

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More Severe Weather and Tornadoes Forecast For Oklahoma, Ozarks

Fri, 31 May 2013 16:26:35 +0000

More dangerous weather, spawning baseball-sized hail and tornadoes, was predicted for Oklahoma and parts of the Ozarks on Friday after more than a dozen reported twisters in Oklahoma and Arkansas on Thursday, U.S. forecasters said. “The atmosphere will become extremely …

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Hurricane Experience Aids Fast-Food Chain In Oklahoma

Thu, 30 May 2013 16:13:31 +0000

The founder and CEO of a Baton Rouge-based fast-food chain says experience with disasters served the company well after a tornado ravaged Moore, Okla. Todd Graves, of Raising Cane’s, said the chain has about 50 employees in Moore. The restaurant …

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Agents Helping Agents in Recovery from Oklahoma Tornadoes

Stephanie K. Jones — Wed, 29 May 2013 05:15:47 +0000

Twelve hundred homes damaged or destroyed, 33,000 people impacted and $2 billion in property losses. Those are damage estimates from the deadly F5 tornado that hit the Oklahoma City suburb of Moore in the afternoon of May 20. The storm …

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No New Federal Funds Needed for Oklahoma Tornado Recovery

Fri, 24 May 2013 16:11:04 +0000

Top U.S. lawmakers and officials said that the federal government has plenty of money on hand to pay for recovery efforts in the wake of the devastating tornado that struck Oklahoma. The government has more than $11 billion in its …

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Oklahoma City Mayor: Up to 13K Homes Hit by Tornado

Fri, 24 May 2013 16:02:40 +0000

Oklahoma City Mayor Mick Cornett says 12,000 to 13,000 homes were affected by the tornado that tore through a city suburb. At least 24 people died when the tornado laid waste to Moore on May 20. The Oklahoma Insurance Department …

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Moore, Oklahoma Tornado Damage Estimated at More than $2B

Thu, 23 May 2013 16:32:54 +0000

The Oklahoma Insurance Department says a preliminary estimate suggests the cost of the tornado that hit the Oklahoma City suburb of Moore could be more than $2 billion. Spokeswoman Calley Herth told The Associated Press that the early tally of …

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Oklahoma Commissioner: 4K Home, Auto Claims from Twisters So Far

Wed, 22 May 2013 23:20:12 +0000

More than 4,000 home and auto claims have been filed as a result of the recent spate of tornadoes in Oklahoma. That number is expected to rise, according to Oklahoma Insurance Commissioner John D. Doak. Doak has previously said that …

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Oklahoma Tornado Damage Likely to Exceed Joplin – Commissioner

Wed, 22 May 2013 01:36:50 +0000

The damage from Monday’s tornado in a suburb of Oklahoma City is likely to exceed that caused by the 2011 twister in Joplin, Missouri, that killed 161 people, Oklahoma Insurance Commissioner John Doak said. In an interview with Reuters after …

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Update: Oklahoma Tornado Was EF5

Tue, 21 May 2013 22:19:19 +0000

A new assessment by the National Weather Service indicates peak winds in the tornado that hit the Newcastle/Moore Okla., area on May 20 reached the 200 mph to 210 mph range, putting it into the classification of an EF5 event. …

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‘Major Disaster’ Declared in Wake of Deadly Oklahoma Tornadoes

Tue, 21 May 2013 16:14:15 +0000

An estimated EF4 tornado with a wind range of up to 200 mph roared through the Oklahoma City suburb of Moore, Okla., on May 20, leaving behind massive devastation and at least 24 confirmed dead. Earlier media reports indicated as …

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Tornadoes Prompt State of Emergency Declaration in Oklahoma

Mon, 20 May 2013 15:51:00 +0000

Oklahoma Gov. Mary Fallin has declared a state of emergency after tornadoes, severe storms, straight-line winds and flooding wrought devastation throughout her state on May 18 and 19. Beginning on Saturday, numerous Oklahoma counties were hit with tornadoes, straight-line winds, …

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Oklahoma’s Midlands MGA Joins Trusted Choice

Tue, 14 May 2013 16:22:33 +0000

Oklahoma-based managing general agent, Midlands, is the newest member of the Trusted Choice consumer branding program for independent insurance agents and brokers, the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) announced. Midlands, headquartered in Oklahoma …

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Report: Oklahoma Should Expand Insurance Program

Mon, 13 May 2013 16:40:38 +0000

A consulting firm hired by Oklahoma to help answer the question of how to insure 200,000 people without health coverage told the state’s Medicaid board that an existing program could be used to build a broader system by 2015. Utah-based …

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Bill Mutualizing CompSource Oklahoma Sent to Governor

Mon, 13 May 2013 16:07:27 +0000

A bill converting the nonprofit CompSource Oklahoma into an independent mutual company was passed by the House and Senate and sent to the governor for her signature. CompSource writes about one-third of Oklahoma’s workers’ compensation policies. Under House Bill 2201, …

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Oklahoma Traffic Deaths Down in March from a Year Ago

Thu, 09 May 2013 15:18:47 +0000

The Oklahoma Department of Public Safety says fewer motorists died on the states roads and highways in March than a year earlier. Public safety officials say there were 44 fatalities in March compared to 64 during March 2012. Four motorcyclists …

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Oklahoma Governor Signs Workers’ Compensation Overhaul

Stephanie K. Jones — Wed, 08 May 2013 16:00:28 +0000

Oklahoma Gov. Mary Fallin on May 6 signed a measure to overhaul the state’s workers’ compensation system, one that was backed by Republican lawmakers, the state’s top insurance regulator and insurance trade groups. Senate Bill 1062 changes Oklahoma’s current court-based …

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Oklahoma Governor Signs Nursing Home Monitoring Bill

Tue, 07 May 2013 17:01:10 +0000

Families of nursing home residents will soon be able to electronically monitor their loved ones thanks to legislation signed into law by Gov. Mary Fallin. Senate Bill 587, by Sen. Ron Justice, will allow nursing home residents to install electronic …

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Esurance Now Offering Renters Insurance in Oklahoma

Tue, 07 May 2013 16:33:17 +0000

Esurance announced it is now offering renters insurance to new and existing customers in Oklahoma. Oklahomans who are renting or leasing a condo, home, or apartment can add the coverage to their auto insurance quote or existing auto policy. By …

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Consumer Bill of Rights Would Summarize Oklahoma Insurance Laws

Tim Talley — Fri, 03 May 2013 16:40:50 +0000

As tornado season intensifies, Oklahoma’s top insurance official said he is compiling a consumer bill of rights to let home and car owners know what their legal rights are when they are affected by severe weather or some other calamity. …

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Economic Survey Index: Growth Slows in Midwest, Plains States

Thu, 02 May 2013 16:42:53 +0000

A monthly economic survey index for nine Midwest and Plains states dipped for the second consecutive month in April, but the survey’s organizer said the index indicates slow growth for the region in the coming three to six months. The …

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