Oklahoma chips away at ice damage
Two back-to-back ice storms in December 2001 left Oklahoma reeling from damages, and it turns out the original estimates were less than half of what the repair costs will be.
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According to New Jersey-based Property Claims Service, insurance companies will pay $40 million for damage caused by the storms. Earlier estimates set the figure at $17 million. The figure is only for insured losses and excludes deductibles and losses not covered under insurance policies.
According to the state's Department of Insurance, Commissioner Carroll Fisher approved applications by the State Farm, Shelter, and MetLife insurance groups to use emergency adjusters. Other companies brought already-licensed adjusters from out of state to quickly respond to consumer needs.
Ice between 2 and 3 inches thick severed power lines in December and cut off power and communication to many of the state's cities and towns.
Fisher says his department is committed to working out any insurance claims disputes to get claims paid in as quickly as possible.