/ Guardian Group, Inc.'s Todd Bauer was featured in the December, 2022 issue of Surety Bond Quarterly, a publication of National Association of Surety Bond Producers. The article highlights a surety bond claim case study involving a church. To read the (mobile-friendly) version of the article, kindly click on the link:  https://www.suretybondquarterly-digital.com/sbpq/0422_winter_2022/MobilePagedArticle.action?articleId=1839205#articleId1839205

/ ABOUT THE CLAIM / This month’s bond claim case study comes to us courtesy of the commercial side of the surety business. The proprietor of a multi-location check cashing company had committed fraud when reporting transactions and had subsequently been indicted. By stipulating lower amounts on mandatory reporting forms, he had attempted to avoid paying state taxes. Unfortunately for...

/  ABOUT THE CLAIM \ Recently,  Guardian’s Surety Group was asked to investigate a claim for a subdivision involving 20 farm estate lots of 12-14 acres each. A common practice utilized on subdivision bonds that guarantee a developer will construct certain improvements can be observed when the municipal authority delays approval of the improvements. The developer, typically a limited liability company, is dissolved upon...