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Company News

 

In an effort to always keep our agent family informed and current on pertinent information about our profession you may have noticed that we have implemented monthly compliance notices that have been sent to your email accounts on record with our company.

Roche Surety & Casualty Co., Inc. along with Professor David Krahl, PhD from the University of Tampa have completed the update to the 2008 study. The use of surety bonding by a single surety bonding company saved county governments in the state of Florida over $180 million dollars in detention costs by admitting defendants to surety bonding instead of keeping them in pretrial detention

 

The figures for 2009 are both staggering and enlightening!

 

Cost Savings through Surety Bonding by Roche Surety and Casualty Co., Inc.

  • Through the use of surety bonds in 2008 alone, savings of over $230 million dollars was realized by local government and taxpayers.
  • $230 million dollars in detention cost savings represents 13.4 percent of detention costs statewide.

 

 If you would like to see a copy of this study, it is available for viewing and for download.  Click on Special Report below:

Special Report 

Of course if you have any questions concerning this study you may also call our offices toll-free at: (800) 789.3899