/ 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...
ABOUT THE CLAIM In the wake of Category 4 Hurricane Ida, a commercial property owner in Louisiana filed a claim with the business’ insurance carrier. Two factors rendered this claim to be a bit more complex than your standard, everyday claim: 1) the structure is a prefabricated metal building, and 2) at over 10,000 square feet, it is relatively large....
/ / ABOUT THE CASE, CLAIM, OR ISSUE The homeowner’s association of a large, high-rise condominium filed suit against the subcontractor who was responsible for the installation of the building’s fire suppression system. Included in this company’s scope of work was the installation of exit signs throughout the towers’ hallways and public spaces, a standard element of building code....