No one was killed but many homes were badly damaged by flooding.
The city of Taunton, MA had to be evacuated last year when a dam was near a breaking point.
Fatal dam failures are not all that rare. It is now widely understood that tens of thousands of people died in China in 1975 when a series of domino like dam failures caused 62 dams to fail within one day.
http://www2.sjsu.edu/faculty/watkins/aug1975.htmThe failure of the New Orleans levees is really also a case of dam failure.
Over 1000 people died in the collapse of dams in Mumbai India last year.
The Saint Francis dam collapse in California in 1928 killed over 500 people.
The Valont dam failure in Italy in 1963 killed almost 2000.
The Martin County Coal tailings dam collapse on October 11, 2000 released almost 120,000 m^3 of coal waste into the Big Sandy River, destroying over 75 miles of the river.
The Teton dam failed in 1976, killing 11 and destroying the town of Rexburg Idaho.
The risk of dam failure may not be enormous, but it is real.