/ ABOUT THE CLAIM / The character Forrest Gump in the movie of the same name famously celebrated his mother’s wisdom when he repeated her lesson to him, “Life is like a box of chocolates. You never know what you’re going to get.” Similarly, when a surety exits the business, often Guardian Group, Inc. is the one called in to...

/ ABOUT THE CLAIM: / A surety called Guardian Group, Inc. for support on a bond claim investigation. An electrician had filed for Chapter 7 bankruptcy protection… but this was no ordinary electrician, and this was certainly no run-of-the-mill job. The surety’s principal, the electrical subcontractor, had been given a $12MM bond to guaranty his company’s performance on a major...

ABOUT THE CLAIM: In the wake of Hurricane Sandy, FEMA made grants available to enable coastal communities advance warning and greater evacuation time. The grants were intended to fund the installation of tidal sensors, which sit atop constructed platforms both onshore and offshore. Our surety-client’s principal was awarded the project based on a too-low bid (about one quarter of the...