OPINION
SCOTT BRISTER, Chief Justice.
Excess Underwriters at Lloyd's, London and Certain Companies Subscribing Severally but Not Jointly to Policy No. 548/ TA4011F01 ("the Underwriters") filed this suit against their insured, Frank's Casing Crew & Rental Tools, Inc. ("Frank's"), seeking reimbursement of approximately $7 million the Underwriters paid to settle a claim relating to the collapse of a drilling rig in the Gulf of Mexico. The Underwriters paid...
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