/ ABOUT THE CLAIM The Guardian & YA Group Surety Team received an urgent call from one of its longstanding clients. The obligee on the $1.5MM bonded project was a municipal waterworks district, and the covered project was the installation of waterlines and valve train assemblies which would transport chemically pretreated water from a lake reservoir to a nearby...
ABOUT THE CLAIM In the wake of a hurricane, the owner of a small commercial building utilized as a fabrication shop filed a claim with his property insurance carrier. The well-regarded insurer wanted to expedite claims processing, honoring its obligations and tradition of customer service in times of devastation and loss but at the same time had to ensure it...
/ ABOUT THE CLAIM / When the principal on one of Guardian and YA Group’s longstanding surety clients’ bonds began to fall behind schedule, the surety knew it was time to call in the surety experts. The principal was the framer on a 300-unit mid-rise apartment building in our nation’s Northeast. Delays at this phase of construction would obviously impact...