Company News

Roche CEO Receives Prestigious Sheriffs Award

Armando Roche, CEO of Roche Surety & Casualty Co., Inc., was presented with the 2011 Florida Sheriffs Association Legislative Award on August 1, 2011. This prestigious award was presented in appreciation of his support of the Florida Sheriffs and public safety in Florida and is the first such recognition to be awarded to a Bail Agent in the state of Florida.

The Florida Sheriffs Association recognized him for his long-term support of the independent, constitutional office of Sheriff. FSA President, Sheriff Harrell Reid presented him with a plaque and thanked him for his efforts to coordinate the Surety bond industry with the goals and challenges of the Law Enforcement community.  He was commended for his efforts in the last legislative session to resolve conflict between  the  Bail  industry  and  the  Sheriffs.  Mr.  Roche  was  further  recognized  for his commitment  in  providing  input  to  the  Legislative  Committee  on  topics  involving  pre-trial release and its impact on the community.

Click below to see the actual recognition:

Florida Sheriffs Association Recognizes Armando Roche

  Compliance Notices

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.

 2010 Special Report

Roche Surety & Casualty Co., Inc. along with Professor David Krahl, PhD from the University of Tampa have completed the fourth study that is an extension of three prior studies. The findings in this study are remarkably consistent with the findings observed in the first three. Based on the analysis of nearly 53,000 cases and an array of secondary data sources, this most recent study demonstrates two principal findings:

• The use of surety bonding by a single surety bonding company - Roche Surety & Casualty - saved county governments in the state of Florida over $400 million dollars in detention costs by admitting defendants to surety bonding instead of keeping them in pretrial detention.

• The costs to build additional jail cells or dormitory-style beds to house these pretrial defendants alone would cost all Florida counties anywhere between $280.0 million and $983.1 million dollars on a statewide basis to construct the estimated 14,000 new jail beds that would be needed if surety bonding was not used.