Insurance Co. Wants Ruling It Doesn't Have To Defend ERCOT

Law360 (April 7, 2021, 7:54 PM EDT) -- The Cincinnati Insurance Co. has asked a Texas federal judge to declare it has no responsibility to defend or indemnify the Electric Reliability Council of Texas Inc., the state's primary grid operator, in sprawling litigation stemming from the deadly winter storm that killed more than 100 people in February.

The insurer filed suit on Tuesday against ERCOT, telling the court that in order to trigger its policy obligations to defend the utility, the winter storm that spurred the litigation would have had to be an accident — a "fortuitous, unexpected and unintended event." But the winter storm that knocked out power...

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