/ ABOUT THE CLAIM Even the world’s sharpest surety bond underwriting cannot eliminate all risk or loss. On this particularly tragic claim, involving the framing subcontractor for a mixed-use building that incorporated several hundred apartment units, the one possibility that nobody had planned for was that the principal would pass away at an early age. This was a uniquely sad...

/ ABOUT THE CLAIM Quite often, the worlds of surety and construction defects intersect. Such was the case on a claim a surety client reminded us of recently. It was a shared war story, if you will, and nothing bonds surety bond folks quite like being ‘in the trenches” together. In this case, the general contractor for a three-story parking...

  Recently, Guardian Group, Inc.'s Construction Defect Group was brought into a case between a General Contractor (GC) and the building's owner. The first of two dozen buildings had gone up at this Northern California office campus, with this one being approximately 30,000 square feet, and already occupied. Unfortunately, water and water damage were evident throughout the interior spaces upon...