/ 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...

A surety client called Guardian Group, Inc.'s Surety Group when concerns about their contractor's delays and talk of liquidated damages began to manifest. The project was an expansion of an existing medical facility in Northern California; the addition comprised 60,000 square feet in a single  story. The building is structural concrete and steel, with an envelope of glass and stucco.   As...