Underwriters of Aspen Syndicate v. PPC Energy, LP et al

  1. January 29, 2024

    Pollution Exclusion Applies In Oil Well Row, Underwriters Say

    Underwriters for a now-defunct oil services company told a Texas federal court they should not pay a $10.6 million underlying judgment to two companies over drainage losses to their oil wells, because the defunct company's policy excluded pollution and waste claims.

  2. November 22, 2023

    Oil Cos. Say Underwriters Must Cover $10.6M Judgment

    Two petroleum companies told a Texas federal court that the $10.6 million judgment they won against a now-bankrupt oil services company for damage to its oil reserves from saltwater displacement must be covered by the company's insuring underwriters, arguing that various exclusions are inapplicable.

  3. June 14, 2023

    Insurer Says No Coverage For Oil Co. In Polluted Well Suit

    An insurer asked a Texas federal judge to relieve it of covering an undisclosed judgment against an energy company accused of contaminating a petroleum company's well, arguing that multiple exclusions in its commercial general liability and excess liability policies bar coverage.