/ ABOUT THE CLAIM Even the world’s sharpest surety bond underwriting cannot eliminate all risk or loss. On this particularly tragic claim, involving the framing subcontractor for a mixed-use building that incorporated several hundred apartment units, the one possibility that nobody had planned for was that the principal would pass away at an early age. This was a uniquely sad...

/ ABOUT THE CLAIM: / A surety called Guardian Group, Inc. for support on a bond claim investigation. An electrician had filed for Chapter 7 bankruptcy protection… but this was no ordinary electrician, and this was certainly no run-of-the-mill job. The surety’s principal, the electrical subcontractor, had been given a $12MM bond to guaranty his company’s performance on a major...

/ ABOUT THE CLAIM With a dramatic increase in infrastructure projects around the corner, it seems fitting to discuss one such project from Guardian Group, Inc.’s archives. Civil projects like highways, bridges, and tunnels always represent unique challenges, and Guardian has established an enviable track record overcoming those difficulties throughout the decades. On this specific claim, a train tunnel was...