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TexasTowelie

(111,313 posts)
Wed Apr 24, 2013, 01:34 PM Apr 2013

Texas plant blast loss likely exceeds $100M

An insurance industry trade group estimates losses from a deadly fertilizer plant explosion in a tiny Texas town will likely exceed $100 million.

Insurance Council of Texas spokesman Mark Hanna said Wednesday that insured losses after the explosion in West, Texas, included dozens of damaged homes, businesses and cars _ as well as the costs of resettling displaced residents.

Last week's explosion at West Fertilizer Co. left a crater 90 feet wide and totaled nearby homes and buildings.

The homes closest to the plant have been kept off-limits as officials investigate the blast.

More at http://www.theeagle.com/news/texas/article_e182ce9a-7e91-55a5-99bf-9d1fed4bed19.html .

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