August 04, 2025
A Tokio Marine unit, an oil and gas company and a property owner have settled a $24 million dispute over outstanding reclamation bonds guaranteeing the proper environmental remediation of oil and gas properties, according to an order dismissing the case filed in Texas federal court.
December 12, 2022
An energy- and aviation-focused unit of insurance giant Tokio Marine Holdings Inc. asked a Texas federal judge to order the operator of an oil company to post more than $24 million in collateral security and pay past-due bond premiums to live up to an indemnity agreement.