We are learning new details about the California-based insurance company that’s backing former President Trump’s bond as he appeals a major civil fraud judgment out of New York.
Knight Specialty Insurance company issued the $175 million bond Trump needed to prevent authorities from seizing his assets while he appeals the $454 million judgment. The firm has a reputation for giving auto loans to buyers with less favorable credit scores.
The chairman, Don Hankey, said yesterday that he is a supporter of Donald Trump and has even donated to his campaign.
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