First National Insurance v. Cam Painting, Inc.

Opinion

ARMSTRONG, J.

Appellant Cam Painting, Inc., was the contractor on a construction project for the Los Angeles Unified School District (LAUSD), the Noble project. Cam hired a subcontractor, Sabco Electrique, Inc. Under the Cam-Sabco contract, Sabco was required to provide a payment and performance bond, with Cam as obligee. Sabco obtained its bond from respondent First National Insurance Company, which, coincidentally, had also issued a bond to Cam on the Noble project, with the LAUSD as obligee. In connection with the issuance of the bonds, both Cam and Sabco signed indemnity agreements…