/ ABOUT THE CLAIM / The character Forrest Gump in the movie of the same name famously celebrated his mother’s wisdom when he repeated her lesson to him, “Life is like a box of chocolates. You never know what you’re going to get.” Similarly, when a surety exits the business, often Guardian Group, Inc. is the one called in to...
/ ABOUT THE CLAIM: Not long ago, the Surety Claims Team at Guardian and YA Group had an opportunity to really come through for a surety client. The municipal authority responsible for a courthouse in the West had required a $10 MM bond for the structural steel subcontractor and the obligee had grown extremely concerned about the workmanship and the...
/ ABOUT THE CLAIM A carrier-client’s insured reported that a water leak in their basement and crawlspace occurred due to a frozen plumbing line during a major winter storm. Numerous daily record lows and record minimum highs had been recorded. According to local weather data sources, during this event the residence was subjected to subfreezing temperatures as low as 0℉...