Insurer Safeco has won a long - standing suit with MES in a lawsuit over $ 35.4 million in three treasury bonds issued for joint projects with the US Army Corps of Engineers . Safeco filed a breach of contract suit in 2008 after MES 's contract with the Corps was terminated , and Safeco was left with $ 8.8 million in losses . MES filed a counter - suit charging Safeco over various issues including bad faith . The court ruled MES 's claims had no grounding , and Safeco was granted double costs .
Insurer Safeco has won a long-running suit with MES in a dispute over $35.4m in three surety bonds issued for construction projects with the US Army Corps of Engineers. Safeco filed a breach of contract suit in 2008 after MES's contract with the Corps was terminated, and Safeco was left with $8.8m in losses. MES filed a counter-suit charging Safeco over various issues including bad faith. The court ruled MES's suit had no grounding, and Safeco was granted double costs.