Aug. 06--Insurance payments resulting from the destructive May tornado outbreak across central Oklahoma have now topped $1 billion, according to the Oklahoma Insurance Department.
Nearly 91,000 claims have been filed by Oklahomans since May 19, and some are still dealing with unresolved insurance claims, the department said in a press release.
"These numbers are staggering," Oklahoma Insurance Commissioner John D. Doak said in the release. "We've topped $1 billion in payments and the rebuilding is just beginning.
"We expected to see these amounts and they continue to go up every week. This is a major catastrophe that's impacted thousands of Oklahomans."
Doak initially estimated that damages could top $2 billion, according to Tulsa World archives.
A recovery assistance event hosted by the Oklahoma Insurance Department is scheduled for 9 a.m.Aug. 17 at Southmoore High School. Doak has asked that all major insurance companies send representatives to meet with policyholders and address unresolved claims and concerns.
Oklahoma Emergency Management, FEMA and officials from the cities of Moore and Oklahoma City will be available to answer questions about debris removal, permits and other rebuilding issues.
For more information, contact the Oklahoma Insurance Department at 1-800-522-0071.
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