Hailstorms that hit central Oklahoma in April caused more than $75 million in damage, according to preliminary estimates released by the Oklahoma Insurance Department. The Associated Press reported that Insurance Commissioner Carroll Fisher believes companies will pay out an estimate of $75 million to $100 million to affected customers. The estimate excludes damage to uninsured homes and vehicles and money customers paid in deductibles. Nor does it include figures for business and government entities that insure their own property.
Topics Catastrophe Natural Disasters
Was this article valuable?
Here are more articles you may enjoy.
County Approves New $2.3B Stadium Project for Tampa Bay Rays 
Judge Approves $117.5 Million Settlement in ‘Complex’ Comcast Data Breach Case 
Russian-Speaking Cybercriminals Used SpaceX’s Cursor AI Tool to Hack 7 Companies 
As AI Agents Go Rogue, Cyber Insurers Are Adapting Their Policies From This Issue
