U.S. bail-bond insurers spend big to keep defendants paying

By Alwyn Scott and Suzanne Barlyn NEW YORK (Reuters) – Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in the United States, a system that brings insurers $15 billion in business a year, according to a Reuters analysis of campaign contributions, company financial statements and interviews with more than three dozens experts on criminal justice, campaign finance or bail. The spending has jumped more than 10-fold since 2010 as insurers have led the industry’s lobbying effort, targeting laws in more than a dozen states, the analysis…

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