Oklahoma insurance commissioner estimates Oklahoma tornado claims could reach $2 billion

TULSA -- Hundreds of claims roll in daily to the state's insurance companies for property damaged or destroyed in the May 19 and 20 tornadoes that raked central Oklahoma, and state officials are still tallying claims from the May 31 tornado outbreak.

PHOTOS: Tornado aftermath in Moore (http://bit.ly/may20photos)

State Insurance Commissioner John Doak says the nearly $250 million in insured losses from the May 19 and 20 storms are "a drop in the bucket" to what the final amount of claims will be.  Doak also says there is no danger insurance companies processing claims in Oklahoma will risk insolvency.

Officials have said damages just from the May 19 and 20 tornadoes could reach $2 billion.

PHOTOS: Tornado hits El Reno (http://bit.ly/may31stormspics)

An EF-5 tornado killed 24 people in Moore on May 20. Less than two weeks later, another record EF-5 tornado touched down near El Reno.

For more on Oklahoma's tornadoes, visit www.kjrh.com/tornado.

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