ABOUT THE CLAIM Recently, the Guardian & YA Surety Group was called in to consult on multi-phased 300+ lot subdivision bond claim. Subdivision bond claims represent unique challenges to the surety. In addition to their high claim costs exerting a significant impact on a surety’s bottom-line, the relet and completion work itself can be complicated by the number of jobs/contractors/specialists...

/ ABOUT THE CLAIM Guardian and YA Group’s surety consultants were recently called upon by a longstanding client. The surety’s claim manager wanted our team’s engineers to help them ascertain status on one of their bonded principal’s general construction projects. The project was a small municipal building located in the Pacific Northwest. The principal had chosen to self-perform the concrete...

/ ABOUT THE CLAIM One of Guardian’s surety clients called upon the company’s construction and engineering experts to consult on a major claim in the Southwest. The surety’s contractor-principal had bid and won a multimillion-dollar project for a county’s conversion of one of its municipalities from a septic to a city sewer system. This was a significant engineering project, one...