THE TREATMENT OF THE CONSTRUCTION CONTRACT SURETY AS INSURER AND WHY IT MATTERS: Insurance and Surety

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Articles

  1. Meyers, Roman, Friedberg & Lewis: A Cleveland Law Firm
  2. Performance Bond vs. Surety Bond | Bizfluent
Meyers, Roman, Friedberg & Lewis | A legal professional association

We provide surety clients with end-to-end services and solutions pertaining to construction and other contract bonding matters, such as contract bids, performance and payment; financial assurance; and environmental risk. We also represent clients in loss recovery and subrogation litigation, including indemnification and exoneration claims.


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  • Meyers, Roman, Friedberg & Lewis: A Cleveland Law Firm.

In addition, we counsel corporations, privately held companies and lending institutions on fidelity coverage and litigation matters, such as commercial crime policies, employee dishonesty and theft policies, financial institution bonds, business service bonds and ERISA bonds. Our attorneys represent insurance companies and policyholders in all aspects of insurance claims management and defense, from the initial onset of a claim through investigation and defense.

When a claim arises, we work with insurers to understand their duty to indemnify and defend, beginning with a comprehensive policy review to determine the scope of coverage, including coverage provisions, exclusions, endorsements, deductibles and limits of liability.


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  7. At Meyers Roman, we investigate, defend and resolve claims as expeditiously and cost effectively as possible, with the goal of mitigating losses and maximizing recovery. We represent a wide variety of clients in both the public and private sectors of the construction industry. Coats Rose construction attorneys frequently represent the surety industry, providing underwriting and claim advice for a wide range of surety products.

    What Is A Surety Bond?

    Below is a representative list of the organizations we support through membership and participation:. Coats Rose construction law attorneys have been instrumental in developing the Texas Residential Construction Liability Act and the Texas Residential Construction Commission Act, participating actively within both to administer claims in residential construction. When legal action stands between you and a successful project completion, our attorneys will find a successful resolution and get your business moving again. PNC Center E.

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    Meyers, Roman, Friedberg & Lewis: A Cleveland Law Firm

    Construction and Surety In the construction industry, thorough planning is a key component of success. Our capabilities include: Construction Litigation Construction Contract Law complex construction contract drafting and negotiation Alternative Dispute Resolution dispute review boards, mediations, arbitrations Surety law rights and obligations arising out of the suretyship relationship Bond and lien claims prosecution or defense of claims Construction Safety OSHA investigations, defense of OSHA citations Construction Insurance Policies evaluation of duties to defend and indemnify Coats Rose construction attorneys frequently represent the surety industry, providing underwriting and claim advice for a wide range of surety products.

    Green Campus Hospitals — San Antonio: Created all the contract documents for the new hospital tower and also the new downtown campus hospital. Minute Maid Stadium- Houston: Arranged contract procurement. Worked on disputes involving construction and management services, and construction litigation.

    George R.


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    8. Toyota Center- Houston: Handled parking facility procurement and litigation. Cases: Represented a rural hospital in a dispute against a major healthcare equipment supplier.

      Performance Bond vs. Surety Bond | Bizfluent

      Represented a government owner in the resolution of a major scope dispute for the delivery of professional services for the procurement a major health care facility. By using a dispute review board process and developing expert testimony to provide an in-depth explanation of the standard of care in the industry, we helped the public owner quickly reach a settlement that enabled the project to get back on track without ever having to mediate, file suit or engage in costly discovery.

      The clear cause: a manufacturing defect, not installation.