Posts Tagged ‘Wellsure’
Prime Natural Resources Wins $41.6 Million in Wellsure Insurance Dispute
HOUSTON – A Houston jury awarded Prime Natural Resources Inc. $41.6 million in an insurance breach of contract dispute with certain underwriters at Lloyd’s, London, over offshore oil facilities damaged by Hurricane Rita 12 years ago. After six weeks of testimony, the state district court jury in Harris County awarded a remarkable $27.3 million in […]