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Committee approves bill to clarify Marcell exception for oilfield insurance
Summary
The committee reported HB 941 favorably after months of stakeholder negotiations to codify the Marcell exception and reduce ambiguity in oilfield additional-insured policies, with industry groups and operators supporting the measure.
The Senate Insurance Committee reported House Bill 941 favorably on April 22 after proponents from the oil and gas sector described months of collaboration to clarify the Marcell exception in the Louisiana Oilfield Anti-Indemnity Act.
Representative Abare explained the bill's goal to modify the statutory carve-out known as the Marcell exception, bringing clarity to when a party may be an additional insured without violating anti-indemnity provisions. "By codifying the Marcell into statute, we…
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