/ ABOUT THE CLAIM, CASE, OR ISSUE / A large-scale desert single family subdivision development was the site of a recent construction defect investigation. The developer’s insurer needed to defend one of their subcontractors against a large claim brought forth by the local municipality. The subcontractor was the underground electric installer, and the city was seeking $20MM to re-pave the...
/ ABOUT THE CLAIM / While defaults of busy specialized subcontractors can often lead to simultaneous claims, when a major general contractor goes under (think billions of dollars in revenue, not mere millions), both the number of surety claims and the financial size thereof multiply proportionately. Such was the case when this global contractor’s hearty appetite for growth got the...
/ NEW PARTNERSHIP. NEW PEOPLE. NEW OPPORTUNITIES. / Guardian Group is pleased to announce the recent partnership of YOUNG & Associates (YAGroup.com) and Guardian Group. Guardian will operate as a division of YAGroup and the day-to-day operations will continue to be directed by the existing Guardian leadership team. “This partnership with Guardian is a key step forward in expanding our...