Panel Denies Rehearing, Says Refinery Owner Not Covered Under Policy

Mealey's (November 30, 2016, 1:27 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Nov. 29 denied a petition for rehearing after determining that a refinery owner seeking help with environmental cleanup costs under its parent company’s insurance policy should have and could have discovered that it was not named as an insured under the policy simply by looking at the insurance policy sometime within the six years of the policy’s issuance (AIG Specialty Insurance Company, f/k/a Chartis Specialty Insurance Company v. Tesoro Corporation, No. 15-50953, 5th Cir.)....

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