QBE Unit, Oil Field Services Firm Settle Insurance Dispute

A QBE Insurance Group Ltd. unit and a Louisiana oil field services company agreed to settle a coverage dispute over an oil spill cleanup.

The US District Court for the Western District of Louisiana dismissed QBE UK Ltd.'s suit against Alamo Oilfield Services in a Wednesday order.

• QBE sued Alamo in October 2025, seeking a declaratory ruling that it doesn’t owe coverage for a claim related to the release of crude oil at a site in St. Mary Parish, La.
• The insurer argued that a pollution exclusion in the general liability policy issued to Alamo precluded coverage because crude oil ...