Insurer Seeks Reimbursement For Damages Caused By Engine Failure In Fracking Pump Unit

Mealey's (May 16, 2019, 12:47 PM EDT) -- BEAUMONT, Texas — An insurer argues in a May 13 motion for summary judgment filed in Texas federal court that it is entitled to reimbursement from the manufacturers of a fracking pump unit for more than $15 million in costs paid on behalf of its insured for damages incurred after the fracking unit malfunctioned and caused a fire at the well site (AIG Europe Ltd. v. Caterpillar Inc. and Dragon Products LLC, No. 17-319, E.D. Texas)....