Insurer Excused After Paying $1M To Settle Worker Death Suit

Law360 (March 8, 2018, 10:19 PM EST) -- A Texas federal court Thursday let Gray Insurance Co. out of defending a generator supplier from a suit over a fatal electrocution, saying the survivors’ agreement not to seek judgment from the supplier is as good as a settlement for policy exhaustion purposes.

District Court Judge Marcia A. Crone said under Texas law when Gray paid the family of the victim $1 million in exchange for not seeking a judgment from Aggreko LLC in its state court case, Gray exhausted the policy and has no duty...
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