With crane malfunctions and collapses becoming all-too common on construction sites these days, we don't intend to make light of such disasters. Fortunately for all parties concerned, in this month's highlighted case study, there were no fatalities nor even any injuries. But the cost to a construction project can be, as you well know, enormous and financially devastating all the...
A 7MM bid spread prompted one of Guardian Group, Inc.'s largest surety clients to call upon our in-house experts. The surety understandably wanted to write a $19MM bond for their long-term contractor-customer, but the company and its underwriters were concerned that this contractor's bid was simply too low for the tasks at hand. ABOUT THE PROJECT The $50MM+ construction project...
ABOUT THE CLAIM Following a recent hurricane,Guardian Group's Property & Casualty experts were immediately deployed to the scene of a Florida boat house condominium. Widespread impacts had been reported that included: structural damage, punctures and deformations to the metal framed boat storage structure, cracks and partial to full removal of numerous roof skylights, water intrusion and water related damage, dents to...