Chubb Ends Suit Against Texas Company Over Oil, Gas Wastewater

Chubb Ltd. units ended a suit against a Texas wastewater disposal company seeking to avoid defense costs for litigation alleging escaped wastewater damaged underground oil and gas formations.

NGL Water Solutions Permian LLC didn’t file an answer to the insurers’ complaint, nor did the wastewater disposal company file a motion for summary judgment, the Chubb carriers said in a Thursday filing in the US District Court for the Western District of Texas.

• The underlying suit alleged NGL injected more than 100 million barrels of wastewater into four saltwater disposal wells in Loving County, Texas, and that the wastewater escaped from ...