March 18, 2014
A Texas federal judge said Monday an American Home Assurance Co. policy exclusion precludes it from having to indemnify oil field services company Oceaneering International Inc. for $2 million stemming from faulty repairs on a Chevron USA Inc. oil rig.
February 04, 2014
American Home Assurance Co. said Monday that it has no duty to indemnify oil field services company Oceaneering International Inc. for $2 million stemming from faulty repairs on a Chevron USA Inc. oil rig, arguing a business risk exclusion in the policy frees it from coverage.
January 07, 2013
Oceaneering International Inc. on Friday blasted American Home Assurance Co.'s claims that it doesn't have to indemnify the company for $2 million stemming from faulty repairs on a Chevron USA Inc. oil rig, saying the insurer's arguments conflict with a Fifth Circuit decision from July.
August 24, 2012
American Home Assurance Co. launched a suit in Texas federal court Thursday looking to escape indemnifying Oceaneering International Inc. for $2 million the engineering firm must pay in an underlying suit over faulty repairs at a Chevron USA Inc. facility in the Gulf of Mexico.