Latest Deepwater Horizon Case Brings Question of Insurance Limits for Defense Expense

AUSTIN – (Sept. 18) – An insurance coverage dispute over whether Anadarko is entitled to recoup defense costs for Deepwater Horizon damages is the latest case involving the 2010 drilling disaster to reach the Texas Supreme Court.

The justices Monday heard arguments in the case, which involves the interpretation of an insurance policy establishing an indemnity obligation for defense costs resulting from the spill. The dispute involves high-risk surplus lines insurance commonly purchased by drillers and is being closely watched for its impact on that market.