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Lloyd's Syndicate 457 et al v. FloaTEC LLC d/b/a FloaTEC Solutions, LLC

  1. August 29, 2019

    Insurers Can't Revive $500M Rig Suit Against Marine Surveyor

    A Texas federal judge on Thursday rejected a bid by insurance underwriters for Chevron Corp. to rethink her ruling that they can't hold marine surveyor American Global Maritime Inc. liable after they paid $500 million to cover losses from the failure of an offshore oil rig.

  2. August 07, 2019

    Insurers Say New Evidence Warrants Redo Of $500M Rig Suit

    Insurance underwriters for Chevron tried to convince a Texas federal judge on Tuesday that she erred in dismissing their attempt to hold a marine surveyor liable for $500 million they paid to cover losses from the failure of an offshore oil rig.

  3. July 09, 2019

    Marine Surveyor Defeats Insurers' $500M Chevron Rig Suit

    Insurance underwriters for Chevron Corp. cannot hold marine surveyor American Global Maritime Inc. liable for the $500 million they paid to cover losses from the failure of an offshore oil rig built for the energy giant, a Texas federal judge ruled Tuesday, dismissing all remaining counts in the underwriters' suit. 

  4. October 17, 2018

    Marine Surveyor Can't Escape $500M Chevron Rig Suit

    A Texas federal judge on Tuesday held that marine surveyor American Global Maritime Inc. must face negligence claims asserted by insurance underwriters seeking to hold it liable for $500 million in losses from the failure of an offshore oil rig built for Chevron, while tossing other claims against the surveyor and dismissing its foreign affiliates from the suit.

  5. September 28, 2018

    Underwriters Slam Quick Win Bid In $500M Chevron Rig Suit

    Insurance underwriters who claim to have paid $500 million to Chevron after a Gulf of Mexico oil rig broke urged a Texas federal judge Thursday to reject American Global Maritime Inc.'s quick win bid on claims seeking to hold the marine surveyor liable, saying the request is premature and meritless.

  6. January 25, 2018

    FloaTEC Asks Judge To Reject Appeal Bid Over Chevron Rig

    Engineering firm FloaTEC LLC, which was involved in the design of a Chevron oil rig that broke, asked a Texas federal judge Thursday not to allow an immediate appeal by Lloyd's underwriters and other insurers who lost claims against FloaTEC, saying such an appeal would essentially be a waste of everyone's time because another similar appeal is likely to exist in the foreseeable future.

  7. January 05, 2018

    Statoil Drops Out Of Suit Against Oil Rig Engineering Cos.

    A Statoil unit on Thursday dropped out of a Texas federal lawsuit over a failed Chevron oil rig after several of the companies that designed it were able to shrug off some claims last summer, a move that comes as the insurance companies that underwrote the project took a first step toward appealing that decision.

  8. July 28, 2017

    Marine Surveyor Can't Shake Insurer's Suit Over Chevron Rig

    A Texas court on Thursday found the company that helped design a failed offshore oil rig for Chevron is shielded from a suit by Chevron's insurance underwriters, but the firm that was supposed to double-check their work lost its bid to dismiss the suit or send it to arbitration.

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