When is insurance not insurance? According to both Merriam-Webster and Black's Law Dictionary, insurance is a "contract whereby one party undertakes to indemnify or guarantee another against loss by a ...
HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (WTI) (“W&T” or the “Company”) today announced that it has come to a settlement agreement with two of its largest surety providers which ...
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 ...
Marianne Bonner, CPCU, ARM, covers business insurance topics for Investopedia, building on 30 years of experience working in the insurance industry. She has written extensively for The Risk Report, ...
Surety bonds protect interests in contracts, ensuring funds are available if obligations are unmet. They differ from investment bonds, focusing on guaranteeing contract fulfillment rather than earning ...
Is Your Entity in Compliance? Most durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) suppliers must maintain a $50,000 surety bond for each location it has enrolled in Medicare, ...
LA JOLLA, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (PLMR) (“Palomar”, the “Company”) today announced that it has entered into a definitive agreement to acquire The Gray ...
W.Va., is fighting a $29 million-plus federal court judgment against him. Justice has appealed a Tennessee federal judge’s ...