May 02, 2024
A Texas federal court tossed an oil well repair company's claim seeking over $4.5 million in additional insured coverage for costs incurred from controlling a blown-out well, finding that the company doesn't have standing to bring an independent claim against the well owner's carrier.
November 16, 2023
An oil well repair company urged a Texas federal court to reject an underwriter's bid to toss the company's claim for additional insured coverage after it spent over $4.5 million to regain control of a blown-out well, slamming the underwriter's interpretation of the policy as piecemeal.
September 21, 2023
An oil well owner's insurer must reimburse an oil well repair company for more than $4.5 million it spent to control a well, the repair company said, telling a Texas federal court the carrier wrongfully asserted it was not an additional insured on the owner's policy.