/ ABOUT THE CLAIM With a dramatic increase in infrastructure projects around the corner, it seems fitting to discuss one such project from Guardian Group, Inc.’s archives. Civil projects like highways, bridges, and tunnels always represent unique challenges, and Guardian has established an enviable track record overcoming those difficulties throughout the decades. On this specific claim, a train tunnel was...
/ ABOUT THE CLAIM, CASE, OR ISSUE / Recently, Guardian Group’s Construction Defect Group experts were called in to consult at a construction site where a military storage warehouse was undergoing a major renovation. The U.S. Army was repurposing the storage facility into general office space. Apparently, something had caused the newly poured concrete floor to “pop up” and crack...
/ ABOUT THE CLAIM / This month’s bond claim case study comes to us courtesy of the commercial side of the surety business. The proprietor of a multi-location check cashing company had committed fraud when reporting transactions and had subsequently been indicted. By stipulating lower amounts on mandatory reporting forms, he had attempted to avoid paying state taxes. Unfortunately for...