/ 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℉...
/ ABOUT THE CASE, CLAIM, OR ISSUE Recently, a member of the YA construction defects team was called upon to provide forensic litigation support by one of the firm’s insurance carrier clients. The carrier's insured, an architect, was being sued by the owner of a newly built condominium tower alleging widespread moisture intrusion and related damage. The architect had designed...