/ ABOUT THE CLAIM / Not every surety bond claim involves a multi-million dollar construction project takeover. Often, performance bond investigations are, regardless of size, really about identifying the best and fairest way forward for the surety and its client-principal. Guardian Group’s Surety Group was recently called in to consult on behalf of one of its longstanding clients. The claim...

/ ABOUT THE CLAIM Even the world’s sharpest surety bond underwriting cannot eliminate all risk or loss. On this particularly tragic claim, involving the framing subcontractor for a mixed-use building that incorporated several hundred apartment units, the one possibility that nobody had planned for was that the principal would pass away at an early age. This was a uniquely sad...

/ ABOUT THE CLAIM Quite often, the worlds of surety and construction defects intersect. Such was the case on a claim a surety client reminded us of recently. It was a shared war story, if you will, and nothing bonds surety bond folks quite like being ‘in the trenches” together. In this case, the general contractor for a three-story parking...