Magistrate: CGL Policy Provided No Coverage For Contractor's Equipment Damage

AKRON, Ohio - A contract liability exclusion within a commercial general liability (CGL) policy excluded coverage for a contractor's equipment that was damaged during an exploratory drilling operation, an Ohio federal magistrate judge found June 21, concluding that a covered contract exception did not apply (M&M Royalty LLC v. Travelers Casualty and Surety Corp., et al., No. 5:11-cv-02454, N.D. Ohio; 2012 U.S. Dist. LEXIS 86147).

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