Claremore Daily Progress

Top Stories

February 11, 2014

Oklahoma leads U.S. in 2013 disaster costs

Oklahoma was the nation's costliest state for natural-disaster claims last year as tornadoes spurred payouts.

Oklahoma had $2 billion in insured catastrophe expenses, followed by Texas at $1.51 billion, the Insurance Information Institute said Tuesday. No. 3 Colorado, with $907 million in losses, was hit by wildfires.

Natural disasters cost insurers about $12.8 billion in 2013, the least since 2009, according to the institute. Losses were $35 billion the previous year, when Superstorm Sandy struck the East Coast. New York had the highest costs in 2012, with $9.76 billion, followed by New Jersey at $6.37 billion.

"Hurricanes like 2012's Sandy generate headlines, even though it is the frequency and severity of tornadoes that has grown in recent years," Robert Hartwig, president of the Insurance Information Institute, said in a statement.

All 10 of the costliest tornadoes in the U.S. occurred since 2001, led by twisters in 2011 that struck Tuscaloosa, Ala., and Joplin, Mo.

Texas is the only state to be among the five costliest for insurers in the each of the past three years. The state ranked No. 3 in 2012 and first in 2011. Texas, which borders the Gulf of Mexico, is also more vulnerable to hurricanes than most states in the "Tornado Alley" region. Hurricane Ike struck Galveston in 2008.

From 1983 to 2012 Texas had $49 billion in costs, or about 10 percent of the total in the country. That ranks behind only Florida, which had $66.7 billion in losses, according to the institute. Florida is the fourth-most populous state, trailing New York, Texas and California.

Florida wasn't among the top five in 2013 costs. The lower- than-average damage from East Cost storms benefited companies including Allstate, the largest publicly traded U.S. home and auto insurer. Allstate gained 36 percent last year in New York trading.

1
Text Only
Top Stories
  • Grand Jury recesses until June 24

    The multicounty grand jury charged with investigating accusations of misconduct by Rogers County officials recessed Thursday until June 24-26, saying it needed to hear from more witnesses before returning a finding in the matter.

    April 17, 2014

  • Harps Food opens new store in Inola

    On April 23, Harps Food Stores will reach a new milestone in their company’s history with the opening of its 75th store. 

    April 17, 2014

  • helping children Tri-County CASA seeks additional volunteers as child abuse cases increase

    From 2010-2013, Oklahoma has seen an increase in children entering foster care. According to Oklahoma Department of Human Services reports, approximately 11,000 children are in state’s custody because of child abuse or neglect — 4,000 in the Tulsa area alone and more than 100 in Rogers County.

    April 17, 2014 1 Photo

  • Judge refuses to dismiss Grubowski in DA suit

    A judge has denied businessman Myron Grubowski's motion to remove him from the defamation lawsuit filed by District Attorney Janice Steidley against sponsors of last fall's unsuccessful citizens petition for a local grand jury investigation of her  office.

    April 17, 2014

  • Controversial schools chief attracts crowd of opponents

    The field of candidates running for state school superintendent is unusually large — a sign of broad interest in what observers say is sure to be a referendum on the incumbent, Dr. Janet Barresi.

    April 17, 2014

  • Jennifer Hodges Claremont Elementary teacher named the winner of $2,500 classroom grant

    Jennifer Hodges, a fifth grade teacher at Claremont Elementary, has been named winner of a $2,500 grant through the Farmers Insurance Thank A Million Teachers program. The national initiative invites citizens to offer thanks to teachers, past and present, who have made a difference in their lives.

    April 16, 2014 1 Photo

  • Commissioners hire outside counsel

    The Rogers County Commissioners hired outside legal counsel Monday to contest the $28 million civil judgment paid to Material Service Corp.

    April 16, 2014

  • Council adopts TIF ordinances

    At a special meeting of the Claremore City Council on Monday, City Manager Jim Thomas briefly addressed the traffic congestion   caused a week ago by railroad crossing repair work.

    April 16, 2014

  • Grand jury reviewing misconduct accusations reconvenes in OKC

    The multicounty grand jury charged with investigating accusations of misconduct by Rogers County officials reconvenes today in Oklahoma City.

    April 15, 2014

  • anderson statement No Public Meeting
    The Rogers County Commissioners announced Monday they will not host a public meeting to address the findings of the recently released Oklahoma State Auditor’s report.
     

    April 15, 2014 1 Photo