/ ABOUT THE CLAIM / Not too long ago, Guardian’s surety claim experts were called in by one of the industry’s largest sureties for immediate support on a claim for which the bond amount at risk exceeded $18MM. Surety bond claims include not only traditional construction projects but computer engineering, I.T. systems and security, programming and software development, as well....

/ ABOUT THE CLAIM Recently, Guardian was asked to consult on a surety bond claim at a commercial facility in the Midwest. The bonded principal was an electrical contractor who had been awarded the $6 MM project due to his company’s specialized experience. When the obligee observed that progress was lagging, the surety was notified. In turn, the surety reached...

ABOUT THE CLAIM When a surety company received a warranty-related claim on a performance bond they had written, Guardian Group’s Surety Group was called in to help assess and ameliorate the situation. The principal was a concrete contractor who had won the city’s pool project. Not long after project completion, the municipality-obligee began receiving reports from residents as well as...