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AIG, Caterpillar Seek Quick Wins In $15M Fracking Fire Row

Law360 (May 14, 2019, 8:44 PM EDT) -- An AIG unit urged a Texas federal judge Monday to hold Caterpillar and another manufacturer liable for the failure of a fracking pump that allegedly triggered a fire at a Texas well site that caused over $15 million in damage, while the vendors argued that the insurer's claims are baseless.

The pump in question, which incorporated an engine made by Caterpillar Inc., was assembled by industrial equipment maker Dragon Products LLC and sold to Baker Hughes Inc., for use at the fracking well, according to court documents. Following the 2016 fire, AIG Europe Ltd. paid for the damage to policyholder Baker...

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Case Number

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Court

Texas Eastern

Nature of Suit

Prop. Damage Prod. Liability

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Date Filed

July 24, 2017

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