/ About the Claim / A five-story, all-wood apartment building in the Southwest turned into a calamitous surety claim. Despite prior experience, the enormity of this job, one that came with a $5MM lumber package, proved to be far more than this framer could handle. He defaulted with only 30% of the structure complete. Even though city inspections had been...
// ABOUT THE CLAIM The YA Surety Team was called in by the surety backing an almost $10MM bonded project after the general contractor defaulted. The construction project involved the conversion of a long‑vacant warehouse on an active military base in the Southeast. The end goal: modern office lofts. Adaptive reuse projects like this are common in government and military...
/ ABOUT THE CLAIM / The character Forrest Gump in the movie of the same name famously celebrated his mother’s wisdom when he repeated her lesson to him, “Life is like a box of chocolates. You never know what you’re going to get.” Similarly, when a surety exits the business, often Guardian Group, Inc. is the one called in to...