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Exploded Texas Fertilizer Plant Only Had a $1 Million Dollar Insurance Policy

5/5/2013

 
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The Texas fertilizer plant that exploded last month, killing 14 people and injuring more than 200 others only had $1 million dollars in liability  insurance coverage.

The cause of the disaster is still not known. However, months before the explosion, the plant reported that it had the capacity to store 270 tons of Ammonium Nitrate. Lawyers will look for other assets the company might have and search for other responsible parties. Read more at www.cbnews.com

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