Insured Satisfied Pollution Liability Policy’s $10M Self-Insured Retention Limit

Mealey's (April 11, 2022, 1:39 PM EDT) -- ATLANTA — A Georgia federal judge on March 23 determined that an insured seeking coverage for environmental contamination costs incurred by a gasoline leak from a petroleum pipeline satisfied a $10 million self-insured retention (SIR) limit in its pollution liability insurance policy; however, the judge found that the insurer owes no coverage for the settlement of an underlying lawsuit arising out of the spill because the policy’s pollution condition exception bars coverage for the underlying suit....