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...

ABOUT THE CLAIM When a surety company received a warranty-related claim on a performance bond they had written, Guardian Group’s Surety Group was called in to help assess and ameliorate the situation. The principal was a concrete contractor who had won the city’s pool project. Not long after project completion, the municipality-obligee began receiving reports from residents as well as...