As last year's storms demonstrated, catastrophes not only present near-term financial losses for insurers, but carriers bear the additional exposure borne of delayed reporting, customer dissatisfaction and potential litigation. Whether hurricane winds are classified by the Meteorological Society as Category 1, 2, 3, 4 or 5, those in the property insurance business need a Tier Two forensic engineering firm...
Recently, one of Guardian Group, Inc.'s long standing surety clients called on our experts for support with a claim. On this particular claim, involving the construction of a large community pool facility, the principal hadn't completed various punch list items, and as a result the obligee was holding over $100,000 in retention and final payment. Improper installation of the...
Recently, Guardian Group, Inc.'s Construction Defect Group was called to consult upon a newly developed 8-story hotel in Florida. The construction problem in focus: the hotel's less-than-bespoke exterior. Shortly after the hotel's grand opening, the owners discovered discoloration and blotchiness on the paint job, over the stucco. The prospect of a potential 2 million dollar case against the general contractor (our client,...