Industry the September 2013 issue

Obama Takes on Chemical Plant Safety

90-Day Deadline for New Regulations
By Mike Turpin Posted on September 1, 2013

President Obama has created a working group to address numerous issues involving chemical plants as a direct response to the West, Texas explosion.

The working group has 45 days from the Aug. 1 announcement to test improving coordination among state, federal, local and tribal organizations that deal with chemical plant safety. The group has 90 days to develop new regulations for chemical plant safety.

The working group includes the Labor Department, Home Land Security and the Environmental Protection Agency.

Obama said he wants a unified federal approach within nine months to address identifying and responding to chemical plant risks.

Mike Turpin EVP & Managing Consultant, USI Insurance Services Read More
See More: Federal Regulation Risk Management

More in Industry

Your Insurance Brokerage, Their Capital
Industry Your Insurance Brokerage, Their Capital
What you need to know about selling to PE.
Sponsored By Sica | Fletcher
Industry Expecting the Unexpected
Council Board Chair John Howard considers the future of insurance brokerage, fro...
Target: CEO
Industry Target: CEO
From murder and character assassination to home invasion and state-sponsored det...
Things Fall Apart
Industry Things Fall Apart
Corporate threats aren't limited to the C-Suite.
Parametric Reputation Policies
Industry Parametric Reputation Policies
For corporations, a personal attack can have severe financia...
Cyberstalking
Industry Cyberstalking
Business leaders must harden their cyber defenses alongside ...
The shift to defined contributions by Jan. 1, 2028, is the defining EB issue. Any employer entering or operating here needs advice on scheme conversion, compensation, and employee communication.
Industry The Netherlands: P&C Market Softening, Sweeping Pension Reform