/ / 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...
ABOUT THE CLAIM: . Recently, Guardian Group’s Surety Group was called in by a longtime client on an unusual claim. Although, that said, is there really such a thing as a “usual” claim in the worlds of surety and construction defects? No, not really. Every situation is different and must be assessed objectively, with the benefit of experience, of course,...
ABOUT THE CLAIM: Not too long ago, one of Guardian’s longstanding surety clients called us regarding one of their bonded contractors, an extremely skilled electrician who had requested bridge financing and for whom they were concerned had overextended his company. Of the company’s 14 bonded projects, one of the largest was a 35,000 s/f facility that utilized a state-of-the-art smart...