Underwriters File Counterclaims In Federal Environmental Policies Coverage Dispute

( October 20, 2026, 10:17 AM EDT) -- SHERMAN, Texas — After a Texas federal judge dismissed the bulk of three related oil and gas companies’ claims against a group of insurers participating in the Lloyd’s of London insurance market over the alleged failure and refusal to honor obligations under environmental policies, the underwriters filed an answer to the two surviving causes of action and a series of counterclaims for declaratory judgment, arguing that coverage is unavailable or limited under various policy provisions....