Insurer Dodges $2M Bill Over Faulty Chevron Rig Repairs

By Juan-Carlos Rodriguez ( March 18, 2014, 12:15 PM EDT) -- 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....

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