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New York AG Letitia James asks judge to void Trump's bond in his civil fraud verdict

New York AG Letitia James asks judge to void Trump's bond in his civil fraud verdict

New York Attorney General Letitia James on Friday asked that a judge void former President Donald Trump's bond in his civil fraud case, questioning whether the company that issued it has the funds to back it up. In a 26-page filing ahead of a pre-scheduled hearing on Monday, James expressed concern about whether Knight Specialty Insurance Company could secure the $175 million bond. One of James' concerns about KSIC is that the insurer "is not authorized to write business in New York and thus not regulated by the state's insurance department."