ABOUT THE CLAIM Recently, the Guardian & YA Surety Group was called in to consult on multi-phased 300+ lot subdivision bond claim. Subdivision bond claims represent unique challenges to the surety. In addition to their high claim costs exerting a significant impact on a surety’s bottom-line, the relet and completion work itself can be complicated by the number of jobs/contractors/specialists...

/ ABOUT THE CASE, CLAIM, OR ISSUE Not long ago, legal counsel for a major insurance carrier reached out to the Guardian / YA Group team for a forensic engineering investigation and litigation support on a large case. Their insured, a general contractor specializing in interior remodeling, was the subject of a lawsuit alleging widespread defective work and millions of...

/ ABOUT THE CLAIM Guardian and YA Group’s surety consultants were recently called upon by a longstanding client. The surety’s claim manager wanted our team’s engineers to help them ascertain status on one of their bonded principal’s general construction projects. The project was a small municipal building located in the Pacific Northwest. The principal had chosen to self-perform the concrete...