INDIANAPOLIS, March 29, 2016 /PRNewswire/ – – Indiana-based American Surety Company has filed with the Indiana Department of Insurance an 8 percent rate for its bail bond surety line.
But Griffis said he would also advocate for the Ector County Commissionersí Court to act on a long-discussed plan to allow the county to act as a bonding entity, which would allow more inmates to bond out of jail but remain under county oversight, alleviating the jail population.
The bail industry, already under siege because of changes in the pretrial release system for people charged with crimes, says it will be in a fight for its economic life when the state Legislature convenes Tuesday.
On the 31st July, a man named Nolan Potter stole a bail bondsmanís car, driving it away at speeds of up to 115 miles per hour, before crashing it minutes later.
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