ABOUT THE CLAIM In the wake of a hurricane, the owner of a small commercial building utilized as a fabrication shop filed a claim with his property insurance carrier. The well-regarded insurer wanted to expedite claims processing, honoring its obligations and tradition of customer service in times of devastation and loss but at the same time had to ensure it...

/ ABOUT THE CLAIM / When the principal on one of Guardian and YA Group’s longstanding surety clients’ bonds began to fall behind schedule, the surety knew it was time to call in the surety experts. The principal was the framer on a 300-unit mid-rise apartment building in our nation’s Northeast. Delays at this phase of construction would obviously impact...

/ ABOUT THE CLAIM A prominent surety reached out with an unfortunate situation on its hands. Their principal had fallen way behind on a bonded project: the complete upgrade and installation of a school-wide fire suppression system. The surety’s claims department sensed an imminent termination by the obligee and subsequent bankruptcy declaration by their principal. ABOUT THE INVESTIGATION Upon immediately...