One the Hook. The ill-fated union of an insurance giant and a bail bondsman. AIG wagered on a maverick of the business, and lost; incentives to run for it. Now, sniffing out the 'skips.'

Number 20475
Subject Bail Bonds
Source Wall Street Journal (New York)
State NY
Year 2001
Publication Date April 10, 2001
Summary According to the article, "...It's also one of the hundreds and possibly thousands of similar cases of skipped bail that are the fruit of an ill-fated three-year partnership between H&H Bail Bonds Inc., a firm that in its ads claimed 'We Will Bail When Others Fail,' and American International Group Inc., one of the largest and most prestigious insurers in the world. Guided by H&H founder Raymond W. Hrdlicka and backed by the financial might of AIG, H&H sought to dominate an industry of mom-and-pop shops by bending long-established rules and sometimes taking on clients whom more conservative bail-bond firms would have deemed too risky."
Category General
Pages 2
Keywords bail bonds;bail bondsman;Raymond Hrdlicka;courts;criminals;arrests;jail;clients
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