Patterson UTI walking rig. Courtesy: Patterson UTI Energy Co. A Case That Could Impact Insurers' Duty to Defend Is Headed to Texas Supreme Court
A court of appeals ruled an excess policy did not unambiguously exclude defense costs for the insured, a Houston oil drilling services company involved in a personal injury settlement.
July 15, 2024 at 03:23 PM
3 minute read
Insurance Law
What You Need to Know
- A Houston energy firm faces a challenge from a Liberty Mutual Insurance subsidiary that was found at fault when it refused to pay defense costs.
- An insurance industry amicus curiae claims the lower court ruling has far reaching negative consequences.
- The insurance company appellant wants the Texas Supreme Court to recognize an exception in excess insurance policies.
Houston-based Patterson UTI Energy Inc. is facing a challenge from a Liberty Mutual Insurance Companies subsidiary that was found at fault when it refused to pay defense costs in a lawsuit.
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