On behalf of Burwell Nebout Trial Lawyers on Tuesday, April 15, 2014.
Last Tuesday, AIR Worldwide suggested early estimates of property damage caused by the EF-5 tornado that ravaged Moore, Oklahoma. Extreme weather such as tornadoes, sometimes are not thought of as "big time" damagers. Many think of tornadoes only happening in fields and farmland.The catastrophe-modeling company is estimating damage based on two possible scenaries. The company said that on the low end the replacement value of properties within a 0.8-mile wide path for the length the tornado traveled is about $2 billion. On the higher end, the replacement value of properties within a two-mile wide path is about $6 billion.AIR Worldwide was careful to say that damage closer to the tornado would have been worse and the exposure further from the tornado's track would be less than properties closer to the track."In all, this system produced 22 tornadoes on May 20, largely in Oklahoma, although tornadoes were alsoreported in Missouri, Texas, Kansas, Arkansas, and Colorado," said Tim Doggett, senior principal scientist at AIR Worldwide. "However, of these 22 tornadoes, the Moore event was by far the most damaging. Many localized hailstorms occurred in the region as well, with quarter-size hailnoted in Missouri and baseball-size hail reported in Osage County, about 100 miles northeast of Oklahoma City."Doggett said, "An official estimate of the number of destroyed homes has not yet been released; however, the 1999 EF-5 tornado that followed a similar path to Monday's EF-5 Moore tornado destroyed more than 8,000 homes."