Blog

HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has come to a settlement agreement with two of its largest surety providers which calls for the dismissal of a previously filed lawsuit. The settlement agreement require...

Trade risk cover rises amid economic and geopolitical shifts

The International Credit Insurance & Surety Association (ICISA) has reported growth in insured exposures and a decrease in claims activity for 2024, marking a year of operational resilience across trade credit insurance and surety marke...

New Jersey taxpayers are on the hook for an extra $10 million after the state Supreme Court upheld a decision to toss the lowest bid for a major bridge project over a paperwork error.

n a ruling released Monday, May 5, the justices voted 5-2 to back the New Jersey Turnpike Authority’s decision to rej...

Global insurance broker Marsh USA filed suit against competitor Aon and a former Marsh team leader for allegedly poaching key members of Marsh’s construction surety team who resigned and moved to Aon last month.

A complaint filed by Marsh in federal court in New York accuses Aon and its former constr...

The Eighth Circuit has affirmed that Liberty Mutual's bond obligation did not extend to a subcontractor
In a dispute arising from a federal power infrastructure project, the Eighth Circuit Court of Appeals ruled in favor of Liberty Mutual Insurance Company, finding that the insurer was not liab...