Texas plant that blew up carried $1M policy

[BlueToTheBone]

http://abclocal.go.com/wls/story?section=news/national_world&id=9091212

The Texas fertilizer plant that exploded last month, killing 14 people, injuring more than 200 others and causing tens of millions of dollars in damage to the surrounding area had only $1 million in liability coverage, lawyers said Saturday.


Tyler lawyer Randy C. Roberts said he and other attorneys who have filed lawsuits against West Fertilizer's owners were told Thursday that the plant carried only $1 million in liability insurance. Brook Laskey, an attorney hired by the plant's insurer to represent West Fertilizer Co., confirmed the amount Saturday in an email to The Associated Press, after the Dallas Morning News first reported it.

"The bottom line is, this lack of insurance coverage is just consistent with the overall lack of responsibility we've seen from the fertilizer plant, starting from the fact that from day one they have yet to acknowledge responsibility," Roberts said.

Roberts said he expects the plant's owner to ask a judge to divide the $1 million in insurance money among the plaintiffs, several of whom he represents, and then file for bankruptcy.

more at link. This is what the kochroach brothers would like for everyone...they take the riches and leave us to clean up the mess and bury the dead.

[panader0]

1. It doesn't seem legal.

When I had small contracts on a nearby army base, I had to carry a million too. Small contracts.

[Heather MC]

2. Woww that's ridiculous

Did they get their insurance from Bob's Discount Insurance Emporium?

I am A lowly fitness instructor, My liability insurance covers 1mil.

That factory should have had a 20mil minimum policy for each incident not total.

[russspeakeasy]

3. Please remember, the owner did apologize.

That's gotta be worth something...

I can't find the sarcasm similie..

[BlueToTheBone]

4. Yes, his heart hurts...

but not his bank account! I hope he gets sued personally.

I have a small company and I have $1million in insurance too. But we make novelties that have little or no chance of harming.

[marions ghost]

5. "Kochroaches"

great term. They are so insidious, with good hiding places.