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Moore tornado losses could exceed Joplin

tornado

Damage from a mile-wide tornado that struck the Oklahoma City suburb of Moore could exceed the May 2011 Joplin event, according to Oklahoma Insurance Commissioner John Doak.

Insured losses from the Joplin tornado were estimated at more than $2bn (£1.3bn), and rising as claims continue to be settled. However, in an interview with Reuters, Doik said losses from the latest

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