Great American Off Hook For Fla. Oil Cleanup

Law360, New York (August 16, 2011, 7:22 PM EDT) -- A Florida appeals court on Monday reversed in part a lower court's decision that both Mid-Continent Casualty Co. and its parent company, Great American Insurance Co., were liable for coverage of cleanup costs for pollution at underground petroleum storage tanks.

The Circuit Court for Duval County had found that both companies were liable for the cleanup costs because Great American had written First Coast Energy LLP's first insurance policy, which was still in effect when First Coast made its claims for coverage.

The appeals court disagreed,...
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