Lloyd's Gets $19.5M Oil Rig Damage Award Trimmed

By Michael Phillis (November 26, 2019, 8:15 PM EST) -- A Texas appeals court on Tuesday wiped out more than $3.6 million from a $19.5 million judgment against underwriters at Lloyd's in a coverage dispute stemming from hurricane damage to an oil and gas drilling rig, deciding the insurer didn't know it was denying coverage improperly....

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