W&T Offshore, Inc. announced a settlement agreement with two major surety providers, leading to the dismissal of a lawsuit and a halt on collateral demands through December 31, 2026. This agreement ...
The judge found Justice owes just over $29 million to Lexon Insurance Company comprised of unpaid debt and collateral obligations plus prejudgment interest dating back to July 2023 after Justice in ...
Increases inU.S. construction spending continues to fuel favorable results in the surety insurance segment, although an uptick in the loss ratio in 2023 and through third-quarter 2024 has led to ...
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