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Trump struggles to find insurance company to underwrite bond in civil fraud case

18/03/24
Sky News Australia
Dans Asie / Australie

A New York appeals court has heard former US president Donald Trump is unable to find an insurance company to underwrite his bond. Mr Trump’s lawyers told a Manhattan court it is a “practical impossibility” for him to obtain a bond. The massive judgment against him from the New York civil fraud case exceeds $700 million. Mr Trump’s attorneys say he has approached 30 underwriters to back the bond, which is due by the end of the month. The 2024 Republican presidential candidate needs to post a bond in order to stop the state from enforcing the judgment.

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