Exception spent coverage of earthquake suits, Oklahoma. Judges say

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By Ben Zigterman (November 24, 2021 4:36 p.m. EDT) — The Oklahoma Supreme Court said excluding land movement prevents insurance coverage for an oil and gas company that faces several lawsuits that accuse its operations of causing earthquakes.

New Dominion has faced a series of lawsuits alleging damages caused by earthquakes from 2012 to 2016 that resulted from its oil and gas operations. (AP Photo/Sue Ogrocki, file) While the landing and ground motion exclusion was amended in New Dominion LLC policies from 2012 to 2016 with National American Insurance Co. With time to prevent earthquakes from being covered more clearly, the state’s Supreme Court said Tuesday that even earlier language was clear.

While the term…

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2/ https://www.law360.com/energy/articles/1443503/exclusion-bars-earthquake-suits-coverage-okla-justices-say

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