Texas Justices To Consider 3rd-Party Restitution To Insurers

Law360, New York (April 19, 2013, 4:51 PM EDT) -- The Texas Supreme Court on Friday agreed to take up the issue of whether an insurer can recover restitution from uninsured third parties, as well as the insured party, over a claim Gotham Insurance Co. was allegedly misled to pay in a dispute involving a 1997 oil and gas well blowout.

The Texas high court granted Gotham’s petition for review in its longstanding suit accusing Warren E&P, which does business as Pedeco Inc., of lying about sustaining actual damages from the well blowout when its noninsured...
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