/ ABOUT THE CLAIM / A homeowner complained to their insurance carrier about a tall retaining wall at the back of their property. The wall creates a terrace with two parking spaces below, accessible by a back alley. The policyholder’s primary concern was that the retaining wall appeared to have moved. ABOUT THE INVESTIGATION / Immediately, Guardian Group, Inc. sent...
/ ABOUT THE CLAIM \ Recently, Guardian’s Surety Group was asked to investigate a claim for a subdivision involving 20 farm estate lots of 12-14 acres each. A common practice utilized on subdivision bonds that guarantee a developer will construct certain improvements can be observed when the municipal authority delays approval of the improvements. The developer, typically a limited liability company, is dissolved upon...
/ / No rest for the hurricane weary /Amidst dangerous flooding at Yellowstone and record heat affecting much of the nation, we’re reminding everyone that June 1st officially marked the beginning of hurricane season. After the loss of life and financial devastation of last year’s Hurricane Ida, one of the storms that rendered 2021 the third most active hurricane...