/ ABOUT THE CLAIM A massive (700,000 sf) refrigerated port terminal on our nation’s East Coast serves the area’s wholesale and retail needs for fresh produce. On this surety bond claim the bonded principal, along with the installer and distributor, was responsible for the insulated wall panels. These specialized panels are intended to keep the produce at 50°F in most...
With June 1st marking the official start of hurricane season, just like you, Guardian Group is preparing for a busy CAT quarter. All eyes are currently on a Caribbean disturbance, but this one is expected to dissipate, and no recognized authorities are pegging the storm’s chances of developing into something greater at more than 20%. Whew… at least for now,...
ABOUT THE CLAIM: Not too long ago, one of Guardian’s longstanding surety clients called us regarding one of their bonded contractors, an extremely skilled electrician who had requested bridge financing and for whom they were concerned had overextended his company. Of the company’s 14 bonded projects, one of the largest was a 35,000 s/f facility that utilized a state-of-the-art smart...