/ 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...

Of course, elevators are supposed to go up and down. But when there's missing rebar in the masonry construction housing it, well, it's bound to fall out of alignment. And that's what made this elevator project go sideways. This was the primary topic on a recent surety file in The Big Apple, a claim our experts were asked to investigate...