Panel Affirms No Coverage For $25M In Damages Arising From Refinery Fire

Mealey's (April 22, 2020, 9:28 AM EDT) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals on April 21 affirmed a district court’s ruling that an insurer owes no coverage for $25 million in damages arising from a fire at an oil refinery because the policy’s contractual liability exclusion clearly precludes coverage (Murphy Oil Corporation v. Liberty Mutual Fire Insurance Company, No. 19-1140, 8th Cir., 2020 U.S. App. LEXIS 12694)....