On this episode we are joined by Todd Regan, a Partner at Gordon Rees Scully Mansukhani, LLP and participant on NASBP’s Attorney Advisory Council, to discuss recent case law in which the court held that, if the obligee does not default the subcontractor, then the obligee cannot recover under the bond. We talk through the Arch Insurance Co. v. Graphic Builders case and discuss how the court’s ruling provides an important illustration for surety professionals and contractors to consider.
Hosted by:
Kat Shamapande, Director, Professional Development, NASBP
Sponsored by Old Republic Surety!
