The California company is not registered with the New York Department of Financial Services.
Donald Trump posted bond of $175 million, secured through Knight Specialty Insurance Company, in his New York civil fraud case.$175 million bond in his New York civil fraud case is financially qualified to handle a bond of that size.In a court filing, James requested that Knight Specialty Insurance Company submit papers demonstrating it is financially capable of paying the bond should Trump lose his appeal in the case.
"Seldom do our applications or our bonds get turned down," said Hankey. "I imagine it is being scrutinized very carefully, and they're checking to make sure all the I's are dotted and the T's are crossed."Trump's defense attorney, Christopher Kise, blasted the attorney general for questioning the surety.
"Yet another witch hunt!" Kise said in a statement provided to ABC News. "After hiding out in silence following an embarrassing loss in the First Department ... the Attorney General now seeks to stir up some equally baseless public quarrel in a desperate effort to regain relevance.
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