Connecticut Governor Jodi Rell has announced she is forming a panel of state agencies to identify the cause of the Kleen Energy power plant explosion in Middletown on Sunday, including any potential contributing factors such as construction problems, worker safety issues and licensing or permitting matters. A second panel of experts will review the findings and determine whether any changes should be made to Connecticut laws, building regulations and fire codes. The U.S. Chemical Safety Board has also deployed a team to the site of the explosion to investigate and authorities have also launched a criminal probe into the blast. Five workers were killed and at least a dozen injured in the explosion February 7 at the under-construction plant during testing. A February 10 article in the Hartford Courant by Matthew Sturdevant reports that the plant was insured for as much as $877 million under an Ã¢â‚¬Å“all riskÃ¢â‚¬ property policy underwritten by a group of international insurers, but the exact amount of the loss may be much less. I.I.I. president Dr. Robert Hartwig is quoted in the article and makes the important point that large-scale industrial accidents are not as rare as people might believe. He notes that five to eight industrial accidents happen in any given year in the U.S. involving a range of facilities including energy plants, factories, mining and major construction projects. ItÃ¢â‚¬â„¢s not rare for costs to be in the hundreds of millions of dollars, according to Hartwig. Check out a risk report by Guy Carpenter for more on this story.