We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Judge Orders Contractor To Pay Insurer In Liquidation Under Indemnity Agreement

Mealey's (October 3, 2016, 1:15 PM EDT) -- HOUSTON — A federal judge in Texas on Sept. 28 found that a contractor and others that had agreed to indemnify an insurer in liquidation were liable to indemnify the insurer for more than $500,000 of losses the insurer paid when the contractor could not to meet its obligations on a brine storage pond project (Castlepoint National Insurance Company v. Addicks Services, Inc., et al., No. 15-cv-00462, S.D. Texas; 2016 U.S. Dist. LEXIS 134761).

(Opinion available.  Document #10-161028-009Z.) 

Castlepoint National Insurance Co. sued Addicks Services Inc....
To view the full article, register now.