/ ABOUT THE SITUATION SURETY COMPANIES FACE: / While we typically highlight one unique, topical, or otherwise interesting surety claim in this space, it is important to note that not every claim is exceptional. Many more are routine, but these claims too must be handled in a timely, reliable manner. In this “case study” we will discuss not a single...

ABOUT THE CLAIM Not too long ago, Guardian’s Surety Group was called upon by one of its longstanding clients to investigate a bridge-related bond claim in the Midwest. The obligee on the bond, the state where the bridge stood, made a claim on the bond as soon as they noticed a work stoppage on the part of the bonded principal,...

/ / ABOUT THE CLAIM Accidents happen. Mistakes happen. When you’ve been in the surety business as long as Guardian Group (over 30 years), you know nobody working construction gets it right 100% of the time, not contractors and not obligees, either. But sometimes, no matter how much we may know about life’s imperfections, it’s difficult not to laugh when...