Selling of Our Freedom
ACLU Campaign for Smart Change, Color of Change
May 30, 2017

This report shows how corporate insurers operate with little risk, even leading some of them to boast of going years without paying any losses. Fewer than 10 main insurers underwrite a significant majority of the approximately $14 billion in bail bonds issued in the United States each year. Bail insurance corporations are increasingly held as under-the-radar subsidiaries of large global companies. Traded in London, Tokyo, and Toronto, or registered in tax havens like the Cayman Islands and Bermuda, these corporations and their executives operate far from the influence of the people and communities over whom they hold so much power.

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