No Coverage Owed For Property Owned By Insured, Magistrate Judge Says

Mealey's (April 29, 2022, 9:27 AM EDT) -- SAN ANTONIO — A Texas federal magistrate judge on April 27 granted an insurer’s motion for reconsideration and entered summary judgment in favor of the insurer in an oil well blowout coverage dispute after determining that the policy’s oil and gas endorsement simply expands coverage for third-party liability and does not add coverage for damages incurred on property owned by the insured....