An insurance broker urged a Texas federal court to dismiss it from litigation alleging a group of insurers conspired to set unreasonable terms for surety bonds, arguing an oil company behind the suit failed to demonstrate the broker had a role in what the company alleged was a scheme.
By Gianna Ferrarin ( July 10, 2026, 5:13 PM EDT) -- An insurance broker urged a Texas federal court to dismiss it from litigation alleging a group of insurers conspired to set unreasonable terms for surety bonds, arguing an oil company behind the suit failed to demonstrate the broker had a role in what the company alleged was a scheme....
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