Costs per megawatt, the measure of a data center project such as this one under construction in Ashburn, Va., have risen dramatically in recent years, stretching the limits of insurance coverage.

On April 3, 2025, a Texas state appeals court reversed a trial court order awarding Exxon Mobil $25 million under an umbrella insurance policy issued by Lexington Insurance Co. to Brock Services Ltd.

If you’ve ever retained a home-improvement contractor, you’ve almost certainly received enthusiastic assurances that he or she is “licensed and insured.” But what exactly does that mean the context of ...