Texas Fertilizer Plant Explosion

Media reports over the weekend suggest some residents were allowed back to their homes days after a Texas fertilizer plant explosion left 14 dead and  more than 160 injured.

A fire last Wednesday at the fertilizer plant in West, Texas, some 80 miles southeast of Dallas,  triggered the deadly explosion, though investigators have yet to pinpoint the exact cause.

The United States Geological Survey (USGS) recorded the explosion as a 2.1-magnitude tremor.

GCCapitalIdeas has  a  summary  of the event here.

Satellite images on the PHOTOblog at NBC news via DigitalGlobe show West, Texas before and after the explosion. More than 150 buildings were damaged or destroyed in the explosion.

Business Insurance reports that in the wake of the disaster, questions about risk management planning adequacy and insurance coverage abound.

It quotes Joe Woods, vice president of state government relations for the Property Casualty Insurers Association of America, saying that the incident could trigger a broad range of insurance coverage that includes commercial property, business interruption, third-party liability, health and personal lines.

PC360 also reports on the insurance implications of the event here.

Check out I.I.I. facts and statistics on man-made disasters.

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