Oil Co. Gets $24M From Insurer In Katrina Coverage Row

Law360, Los Angeles (August 16, 2013, 8:30 PM ET) -- A Texas federal judge ordered St. Paul Surplus Lines Insurance Co. to pay roughly $24 million to oil field operator Cox Operating LLC over Hurricane Katrina damage, refusing Friday to reduce a jury award by payments other insurers made over the same clean-up costs.

U.S. District Judge Gray H. Miller said the jury, which returned a unanimous verdict in favor of Cox in June, had heard evidence relating to the other policies and decided that St. Paul was still required to pay Cox under an excess...
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