ABOUT THE CLAIM When a surety company received a warranty-related claim on a performance bond they had written, Guardian Group’s Surety Group was called in to help assess and ameliorate the situation. The principal was a concrete contractor who had won the city’s pool project. Not long after project completion, the municipality-obligee began receiving reports from residents as well as...
/ ABOUT THE CLAIM / One of Guardian’s longstanding TPA clients required technical engineering support on a recent property claim. They needed a reliable determination of cause & origin for reported water damages. The ocean-close structure is a three-story, 24-unit apartment building comprised of a combination of reinforced concrete and CMUs (concrete masonry units.) The property owner claimed damages on...
/ ABOUT THE CASE(S) / Lately, there has been an uptick in cases originating in Florida that involve moisture intrusion via stucco. As one example, Guardian Group’s Construction Defect Group was recently called upon by a longstanding law firm client. An HOA, on behalf of a Florida townhouse condominium, was coming after their client, a policyholder of the carrier, the...