I have a Golden Rey variety of Lacebark Elm in my yard that was planted by a nursery about a year ago (it is maybe 12 feet tall). I called the nursery within a month or two of planting because I was concerned that the tips of quite a few of the branches (the last foot or so) were losing all of their leaves. A nursery employee came by to take a look at the tree and said that it looked normal and the loss of leaves was due to the extreme heat. I watered the elm religiously with a tree gator every other day during the summer as he suggested. Now that the tree has wintered over and greened up again, the tips of the branches still have no leaves and I recently noticed oval holes behind the bark along the trunk. The elm hasn't really grown any in a year, either. The nursery sent out another guy who diagnosed my problem as "borers." They injected Bayer insecticide into the ground around the tree and said that should fix the problem. My concern is that everything I have read about elm borers suggests the tree is unlikely to recover and will probably die a slow death. If it were your tree, would you proceed with the insecticide treatments, or would you request that the tree be replaced? It is still under warranty but I need to make a decision soon. I appreciate your help!