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02/06/2012 09:54:24 AM EST

Policy Covers Costs Related To Releases Caused By Katrina, Federal Judge Says

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LexisNexis® Mealey's™ Daily Legal News

HOUSTON - A Texas federal judge on Jan. 31 determined that the only covered costs under a an excess insurance policy are those related to the cleanup of pollutants that were discharged, dispersed, released or that escaped in the immediate aftermath of Hurricane Katrina (St. Paul Surplus Lines Insurance Co. v. Cox Operating LLC, No. 07-2724, S.D. Texas, Houston Div.; 2012 U.S. Dist. LEXIS 11703). Full story on lexis.com