ABOUT THE CLAIM When a surety company received a warranty-related claim on a performance bond they had written, Guardian Group’s Surety Group was called in to help assess and ameliorate the situation. The principal was a concrete contractor who had won the city’s pool project. Not long after project completion, the municipality-obligee began receiving reports from residents as well as...

/ ABOUT THE CLAIM / Not every surety bond claim involves a multi-million dollar construction project takeover. Often, performance bond investigations are, regardless of size, really about identifying the best and fairest way forward for the surety and its client-principal. Guardian Group’s Surety Group was recently called in to consult on behalf of one of its longstanding clients. The claim...

  / "Assessing Risks and Helping Contractors Grow with Pre-bonding Evaluations" The featured article explains the service Guardian Group provides to sureties, contractors, and bond producers. Supplementary to the work of the underwriter, pre-bonding evaluations help proactively identify key project risks, often enabling the contractor to take corrective action, enabling the surety to write the bond and the contractor to...