Colony Dodges Coverage In Oil Waste Transporter Action

Law360, New York (March 26, 2013, 8:05 PM EDT) -- A federal judge on Tuesday found Colony Insurance Co. has no duty to cover oil and gas waste transporter Bear Productions Inc. in a proposed class action alleging the company polluted soil and water in Oklahoma with toxic waste from its operations.

The underlying complaint alleges the AES Corp. runs a coal-burning electric power plant in Shady Point, Okla., and that Bear, along with other defendants, disposed of waste, including total dissolved solids, hydrocarbons, drilling additives, drilling mud and naturally occurring radioactive material, from approximately 2003...
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