New York AG “Takes Exception" To Trump's Bond In Fraud Case

In “New York AG ‘Takes Exception’ To Trump's Bond In Fraud Case” (Insurance News, April 4, 2024), comments made by Pollock Cohen managing partner Adam Pollock to CBS News are noted. Adam noted that the reduced surety bond required by former President Donald Trump to stave off enforcement of the New York attorney general’s fraud judgment from nearly $500 million to $175 million, “… is deficient for a number of reasons, including that the company doesn’t appear to be licensed in New York and doesn’t appear to have enough capital to make this undertaking.”

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