/ ABOUT THE CLAIM, CASE, OR ISSUE / A large-scale desert single family subdivision development was the site of a recent construction defect investigation. The developer’s insurer needed to defend one of their subcontractors against a large claim brought forth by the local municipality. The subcontractor was the underground electric installer, and the city was seeking $20MM to re-pave the...

/ ABOUT THE CLAIM / While defaults of busy specialized subcontractors can often lead to simultaneous claims, when a major general contractor goes under (think billions of dollars in revenue, not mere millions), both the number of surety claims and the financial size thereof multiply proportionately. Such was the case when this global contractor’s hearty appetite for growth got the...

/ 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....