In keeping with my last blog post on the need to change the general public’s negative perception of the bail bond industry, I wanted to point out some important facts about bail bond agents that many people don’t know or understand. And many of these facts stand out to me even stronger now as we all still face tough economic hurdles.
Just yesterday, I heard another report on how the worst of the economic crisis is behind us. We, nevertheless, continue to hear reports about state and local government projects that are reaching dangerous and unsustainable deficit levels. These various crises are not limited to just one state but are a common occurrence across every state and local government in the country. But as one looks at this grim news, I still come back to the role of the bail bond agent and bail bond sureties and how we all demonstrate our value not only to the criminal justice system, but to the economic landscape overall. We do this through both tax dollars saved and tax revenue generated. As a private enterprise, the surety bail system in America provides a guarantee that a defendant will appear in court…all at no cost to taxpayers or the government. Even further, the bail bond system generates revenues for local, state and federal coffers through a variety of taxes paid by both the bail bond agencies and their bail bond insurance companies. Just ask a pretrial service agency how many tax dollars they saved today.
In addition to these revenue generating and tax saving facts, the bail industry also addresses another key concern in this economic downturn…the record high unemployment levels still facing most regions of this country. The commercial bail bond industry employs thousands of individuals in small businesses while protecting our constitutional rights and improving public safety in our communities.
Bail bond agencies throughout the country are the classic small business engine of our economy and like all small businesses their success is the success of our nation’s economy. So the next time you hear someone make a derogatory statement about the bail bond industry or a bail bond agent, stand up and correct them. Our industry is one of the most colorful, interesting and noble professions around and I invite everyone to learn the truth. Stay tuned for more on this subject.
I encourage your thoughts and comments.
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Brian Nairin, President & CEO of AIA, blogging about the bail bond industry. AIA (Allegheny Casualty, International Fidelity and Associated Bond) is the largest and oldest bail bond insurance company in the nation.
Friday, April 23, 2010
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About Me
- Behind the Paper with Brian Nairin
- Brian Nairin is a nationally recognized expert in bail law who graduated with honors from Loyola Law School and was admitted to the California Bar in 1989. In 1997, Brian became President of Associated Bond. In the same year, he was elected President of the National Association of Bail Insurance Companies (NABIC), which was recently replaced by the American Bail Coalition (ABC). Brian serves as an officer of International Fidelity Insurance Company (IFIC) and Allegheny Casualty Company (ACC). In 2003, the bail underwriting functions of IFIC and ACC for the entire United States were moved to Calabasas in 2003 under the direction and leadership of Brian where he became President and CEO of what is now the AIA family of companies. Additionally, Brian has served as the primary educator for the California Bail Agents Association’s (CBAA) continuing education curriculum. Moreover, Brian has been retained to serve as an expert in numerous litigation and regulatory matters relating to bail. He has also served on the Board of Directors of Strike Back!
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