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ABC BONDING COMPANY (American Bail Coalition) Fugitive recovery agency and bail bonds company was founded by a team of dedicated professionals passionate about assisting families in distress. With years of experience in the bail bond industry, we recognized the need for a compassionate and reliable service during difficult times. We always offer As Low As 1% Down!
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The American Bail Coalition (ABC) describes itself on its website as the “premier underwriters of criminal court appearance bonds.” ABC has stated, “We have formed a national organization, primarily to perform a two-pronged task to educate local government on the benefits of commercial bail bonding and to advance the interests of the member companies’ many retail agents.”[1]
ABC Members Control 60 Percent of $13.5 Billion Bail Bond Industry
A Mother Jones review of 2012 financial records for 32 surety companies revealed that American Bail Coalition members control 60 percent of bonds in the $13.5 billion industry. The May/June 2014 article describes how, upon its founding, the American Bail Coalition successfully lobbied to increase the prevalence of commercial bail and to increase bail amounts for felony cases.”Before ABC began lobbying, in 1990, commercial bail accounted for just 23 percent of pretrial releases, while release on recognizance accounted for 40 percent. Today, only 23 percent of those let go before trial are released on recognizance, while 49 percent must purchase commercial bail. Since 1990, average bail amounts have almost tripled for felony cases. Between 2004 and 2012, revenues of the ABC companies whose income comes almost entirely from bail increased 21 percent.”[3]
The article concludes that the potential for abuse in the commercial bail industry is major, and that in fact abuses do take place
According to the American Bail Coalition website, in October 2013 the organization expanded its mission and “recast itself with the singular goal of developing a system of best practices to be adopted by state government that maximizes the pretrial release of criminal defendants, minimizes days between arrest and pretrial release of criminal defendants”.[2]
The Coalition was formerly known as the National Association of Bail Surety Underwriters (NABSU), then the National Association of Bail Insurance Companies (NABIC), and became the American Bail Coalition in 2001.
Source of the content on this page: https://www.sourcewatch.org/index.php/American_Bail_Coalition