Insurer Seeks Toss Of $24M Verdict In Katrina Coverage Row

Law360, Los Angeles (September 13, 2013, 8:44 PM EDT) -- Insurance company St. Paul Surplus Lines Insurance Co. on Friday asked a Texas federal judge to nix a $24 million award it was ordered to pay oil field operator Cox Operating LLC for Hurricane Katrina damage, contending there is insufficient evidence it breached Cox's insurance policy and saying the award constitutes an impermissible double recovery. 

St. Paul asked U.S. District Judge Gray H. Miller to find, notwithstanding a jury verdict in Cox's favor, that Cox is not entitled to collect insurance payments from St. Paul because its...
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