/ ABOUT THE CLAIM: The owners of a two-story commercial building comprised of concrete masonry units reported damages, alleged to be storm-related, to their roof. They also claimed resultant water intrusion and damage to the interior finishes. The building contained a fish market, a restaurant, and associated office space. While the building had been constructed in the 1920s, it featured...
/ ABOUT THE CASE, CLAIM, OR ISSUE: Almost 10 years after a shoreline condominium’s complex completion, its HOA filed a multimillion-dollar lawsuit. The subject building was a townhouse style in the Northeast that had been constructed immediately adjacent to a marina. In order to shore up construction as well as afford residents and other passers-by the opportunity to stroll directly...
/ ABOUT THE SITUATION SURETY COMPANIES FACE: / While we typically highlight one unique, topical, or otherwise interesting surety claim in this space, it is important to note that not every claim is exceptional. Many more are routine, but these claims too must be handled in a timely, reliable manner. In this “case study” we will discuss not a single...