/ ABOUT THE CLAIM / Not too long ago, Guardian’s surety claim experts were called in by one of the industry’s largest sureties for immediate support on a claim for which the bond amount at risk exceeded $18MM. Surety bond claims include not only traditional construction projects but computer engineering, I.T. systems and security, programming and software development, as well....

/ 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...