"Insurers Unwilling to Back Trump's $454M Civil Trial Bond"

TL;DR Summary
Former President Trump is facing challenges in obtaining a $454 million appeal bond for a New York civil case as nearly 30 insurance companies have declined to underwrite it due to difficulties with collateral and potential negative reactions. This comes after Chubb issued a $92 million appeal bond for Trump in a federal defamation case, prompting concerns and illustrating the headline risk for insurance companies. Trump's lawyers have requested a reduction in the bond amount, while the New York Attorney General taunts Trump about the interest he owes on the civil fraud judgment.
- Trump's $454M bond for civil trial case not appealing to insurers Fox Business
- Opinion: Trump’s dangerous $600 million problem CNN
- 'Keep your filthy hands off Trump Tower!': Trump begs fans to pay his $464m bond The Independent
- How Letitia James can seize Trump's assets if he can't get a bond USA TODAY
- N.Y. attorney general questions Trump's claim that he can't get a bond The Washington Post
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
78%
422 → 93 words
Want the full story? Read the original article
Read on Fox Business