/ ABOUT THE SITUATION SURETY COMPANIES FACE: / While we typically highlight one unique, topical, or otherwise interesting surety claim in this space, it is important to note that not every claim is exceptional. Many more are routine, but these claims too must be handled in a timely, reliable manner. In this “case study” we will discuss not a single...

ABOUT THE CLAIM Not too long ago, Guardian’s Surety Group was called upon by one of its longstanding clients to investigate a bridge-related bond claim in the Midwest. The obligee on the bond, the state where the bridge stood, made a claim on the bond as soon as they noticed a work stoppage on the part of the bonded principal,...

ABOUT THE CLAIM In the wake of Category 4 Hurricane Ida, a commercial property owner in Louisiana filed a claim with the business’ insurance carrier. Two factors rendered this claim to be a bit more complex than your standard, everyday claim: 1) the structure is a prefabricated metal building, and 2) at over 10,000 square feet, it is relatively large....