Excess

Two excess insurers may be liable for the more than $20 million that ExxonMobil Corp. paid to settle lawsuits filed by a contractor’s employees who were badly burned while working at an Exxon refinery, the Texas Supreme Court ruled.

The high court on Friday reversed a judgment by the Court of Appeals that held Exxon was not an insured under excess policies that Savage Refinery Services had purchased in addition to a general commercial liability policy.

While the Court of Appeals ruled that a service agreement between Exxon and Savage limited