The commercial side of the surety business doesn’t always get the attention it deserves. Though commercial claims may lack the same scope and sizzle of construction and engineering claims, these types of surety bonds are utilized in dozens of vast and varied scenarios. From license and permit bonds to auto dealer bonds and from...
ABOUT THE CLAIM Recently Guardian’s Surety Group was called in to consult on a 250+ lot subdivision bond claim on behalf of one our most longstanding surety clients. The surety was not only aware of Guardian’s extensive experience resolving subdivision bond claims, they knew of our unique capabilities firsthand as they had previously leveraged our expert personnel on many prior...
ABOUT THE CLAIM Guardian’s Construction Defect Group was called into a parking garage. case at the request of the insurance carrier’s counsel. Their insured, a concrete contractor who had uniquely served and was covered in both his manufacturing and installation capacities, was being sued for $12MM. The principal claimed widespread cracking throughout his brand new, 1000-spot parking garage, and the...