Texas Justices Won't Hear $9.6M Well-Blowout Coverage Row

By Ryan Boysen (November 13, 2017, 10:42 PM EST) -- The Texas Supreme Court has refused to take up a petition for rehearing from Drilling Risk Management Inc., leaving in place a lower appellate court's ruling that stripped the drilling contractor of a $9.63 million award after its insurers refused to cover certain costs following two underwater well blowouts.

DRMI won the $9.63 million award following a jury trial over a partial denial of coverage by Gemini Insurance Co. and Berkley Oil & Gas Specialty Services LLC. The high court denied DRMI's initial petition for review in September, and on Friday denied DRMI's request for rehearing.

DRMI said the insurers had...

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