ARTICLE · 04 JANUARY 2016

Prompt Payment Required Under Policy Cannot Be Delayed Due To Potential For Contractual Indemnity

Lewis Brisbois Bisgaard & Smith LLP

Explore more from Lewis Brisbois Bisgaard & Smith LLP

Cameron International Corporation, the manufacturer of the blow out preventer, was one of the Deepwater Horizon defendants in thousands of suits arising from the 2010 Macondo Oil Spill in the Gulf of Mexico.

United StatesInsurance

Jennifer Michel

Author LinkedIn connections

Case: Cameron International Corp. v. Liberty Insurance Underwriters, Inc.
U.S. Court of Appeals for the Fifth Circuit
No. 14-3132; November 19, 2015

Cameron International Corporation, the manufacturer of the blow out preventer, was one of the Deepwater Horizon defendants in thousands of suits arising from the 2010 Macondo Oil Spill in the Gulf of Mexico. Cameron had a tower of insurance of $500 million, included within which was a policy issued by Liberty Insurance Underwriters, covering Cameron's exposure between $100 million and $150 million.

There were contracts between the various parties, through which Cameron claimed contractual indemnity from Transocean and Transocean claimed indemnity for that alleged obligation from BP. Those obligations were denied and not resolved.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Why Won’t Life Insurance Pay Out? 8 Reasons A Claim May Be Denied Or Delayed

United StatesInsurance

Morgan & Morgan

Delaware Court Finds No D&O Coverage For Internal Investigation And “Impending” FBI Investigation That Never Proceeded

United StatesInsurance

Don’t Try To Deny It: Federal Court Holds FCA Settlement Is Covered By Insurance

United StatesInsurance

Crowell & Moring LLP

“Limited Partner” Health Plans Raise Concerns For State Regulators

United StatesInsurance

Hall Benefits Law

California Court Allows Insurer To Rescind Policy Based On Insured’s Failure To Affirmatively Disclose Material Facts Not Requested In Application

United StatesInsurance

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

Comparative Guide

Insurance & Reinsurance

See more popular content from

Insurance

New York Ends The Year With Onerous New Insurance Coverage Disclosure Rules For Defendants In Product Liability Litigation

On December 31, 2021, New York Governor Kathy Hochul closed the year by signing into law the Comprehensive Insurance Disclosure Act (S7052) to impose sweeping changes to the rules embodied...

United StatesInsurance

Wilson Elser Moskowitz Edelman & Dicker LLP

AI Regulation In Insurance: A Crossroads

As artificial intelligence development accelerates and safety concerns mount, state insurance regulators are advancing comprehensive examination frameworks to govern AI use in the insurance industry. The National Association of Insurance Commissioners nears completion of its AI Risk Evaluation Supplement, which will establish standardized oversight procedures for insurers' AI governance practices across market conduct and financial examinations.

United StatesInsurance

McDermott Will & Schulte

Privacy, Cyber & Data Strategy Advisory | NAIC Summer Meeting Sharpens Focus On AI, Data, And Technology Governance

The National Association of Insurance Commissioners intensified its regulatory focus on artificial intelligence governance, third-party data models, and cybersecurity oversight at its Summer 2026 meeting. Regulators are shifting from principles-based guidance to examination-ready supervisory tools, emphasizing that insurers remain accountable for the technologies and vendors they deploy. The meeting revealed how AI risk evaluation, vendor oversight frameworks, and privacy modernization efforts are convergin

United StatesInsurance

Alston & Bird LLP

Cyber Insurance Decoded: What Your Policy Actually Covers, What It Excludes, And How To Maximize Your Protection

A data breach exposes thousands of customer records. An employee falls for a phishing email and wires $200,000 to a fraudulent account. A vendor’s compromised software infects your network.

United StatesInsurance

Ward and Smith, P.A

Florida Appellate Court Finds Unaccrued And Premature Third-Party Bad-Faith Claim Filed In Violation Of Nonjoinder Statute Must Be Dismissed, Not Abated

A Florida appellate court found that an unaccrued and premature third-party bad-faith claim filed before a settlement or verdict against the insured is in direct violation of the nonjoinder statute ...

United StatesInsurance

Phelps Dunbar LLP

US NAIC Summer 2026 National Meeting Highlights: Natural Catastrophe Risk And Resilience (EX) Task Force

The Natural Catastrophe Risk and Resilience Task Force of the US National Association of Insurance Commissioners convened to address the escalating challenges of catastrophe risks facing insurance markets. Key discussions centered on developing standardized mitigation programs, expanding flood insurance awareness, and scaling resilience initiatives like FORTIFIED home designations. The meeting also examined the evolving property/casualty reinsurance market and explored new hemispheric partnerships to streng

United StatesInsurance

Don’t Try To Deny It: Federal Court Holds FCA Settlement Is Covered By Insurance

A federal court ruled that CNA must provide coverage for Guidehouse's $7.6 million False Claims Act settlement related to cybersecurity failures in New York's Emergency Rental Assistance Program portal. The decision addresses critical questions about when insurers can deny coverage for FCA settlements under professional liability policies, particularly regarding exclusions for fines, penalties, and deliberate acts.

United StatesInsurance

Crowell & Moring LLP

Is Your PFAS Coverage At Risk? An Ohio Federal Court Ruling Opens The Door To Broader Insurer Denials

A federal court in Ohio has ruled that an occupational disease exclusion in a commercial general liability policy bars coverage for PFAS-related personal injury claims brought by firefighters against a manufacturer of firefighting equipment. This landmark decision could significantly impact how insurers respond to PFAS product liability claims and may extend beyond occupational disease exclusions to other policy provisions using similarly broad language.

United StatesInsurance

Benesch, Friedlander, Coplan & Aronoff LLP

Contractual Liability Exclusion Must Be Assessed Against Each Cause Of Action Separately, Not Applied Wholesale Where Multiple Claims Are Pleaded In One Action

The Ninth Circuit Court of Appeals examined whether a directors' and officers' liability policy's contractual liability exclusion could bar coverage for an entire multi-count lawsuit, or whether each legally distinct cause of action—breach of contract, fraud, and quantum meruit—must be assessed separately against the exclusion's terms. The decision addresses the critical question of how insurers must apply policy exclusions when a single complaint pleads multiple claims arising from the same und

United StatesInsurance

Agents Of Change: Amendments To Washington State Insurance Regulations Take Effect October 18

Washington's Insurance Commissioner has announced significant amendments to insurance claims handling regulations that will reshape how insurers investigate and process claims in the state. The changes, effective October 2026, introduce new requirements for mitigation approvals, investigation standards, and claimant communications that could substantially impact insurer operations and liability exposure. These regulatory updates come in response to a surge in consumer complaints and litigation, establishing

United StatesInsurance

Ballard Spahr LLP