- ABOUT THE CLAIM Recently, a Guardian Group client phoned into the Surety Group with a pressing matter. Amid the construction of a prefabricated church, the surety (rightfully) feared that their bonded general contractor was financially failing and seriously delayed. - / ABOUT THE INVESTIGATION - Rapidly deploying to the construction site, Guardian’s surety claim expert was shocked to see that while 96% of contract...
/ ABOUT THE CLAIM Recently, Guardian Group, Inc.’s Surety Group was asked to consult on a claim on behalf of one of the industry’s largest and most respected sureties. Two concrete projects undertaken by a skilled contractor and located in neighboring Southwest states necessitated Guardian’s involvement. The surety’s contractor-principal was experiencing cash flow problems. In order to mitigate its...
. ABOUT THE CLAIM The insured reported that during a thunderstorm an employee at his small (8,000 square foot) commercial facility claimed to have heard a cracking noise which precipitated he and his fellow workers to hurry to the exit of the building. The roof collapsed, and the failure was captured on video. The policyholder claimed that a lightning...