ENERGY

Exxon Insurers Ordered to Pay Interest in Valdez Spill: A judge has ruled that insurers owe the oil giant $161 million in interest, bringing the total award in a civil case stemming from the 1989 Exxon Valdez disaster to roughly $410 million. Earlier this month, state District Judge Carolyn Marks Johnson entered a final judgment assessing 10% interest for about five years before the $250-million verdict that was returned by a jury June 10. Jurors found that Lloyd’s of London and about 250 other underwriters should make good on a policy that covered Irving, Texas-based Exxon as owner of 11 million gallons of oil that spilled when the Exxon Valdez ran aground off Alaska’s coast. The insurers’ attorneys are likely to appeal Johnson’s ruling.