Well Owner Awarded $41.6M From Insurer In Hurricane Rita Case
May 16– Hurricane Rita destroyed an oil and gas well about 75 miles off Louisiana in 2005, but when Prime Natural Resources sought to recover damages from its insurance company, it was rebuffed. Prime, a Houston venture capital firm that owned a 50 percent stake in the well, sued several underwriters through the Lloyds of London syndicate to help repay the $17…
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ASHP Urges Senators to Protect Patients’ Access to Healthcare, Affordable Medications
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