NORTH CAROLINA DEPARTMENT OF INSURANCE NOT DOING THERE JOBS AGAIN AND AGAIN 2017

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Does anyone know what happens when a company posts a bond and then the client jumps that Bail Bond ? That Bond is forfeited, and the court orders the Surety company to pay that total bond as a judgement to the State. Then those proceeds are then supposed to be turned over to the school system to use as they may chose.

Do you know whose job it is to get these surety companies to pay these funds ? If you guessed the North Carolina Department of Insurance you would be correct. I have a list of just one company today that I wish to tell about. United States Surety based out of Maryland. I’ll give you the list by county here in North Carolina.

ALAMANCE COUNTY                                        $ 15,000.00

BLADEN COUNTY                                            $ 1,000.00

CABARRUS COUNTY                                        $ 31,000.00

CUMBERLAND COUNTY                                    $ 11,000.00

GRAHAM COUNTY                                           $ 5,000.00

HALIFAX COUNTY                                           $ 2,000.00

HARNETT COUNTY                                          $ 8,500.00

HAYWOOD COUNTY                                        $ 25,000.00

HERTFORD COUNTY                                        $ 500.00

JACKSON COUNTY                                          $ 5,000.00

LINCOLN COUNTY                                           $ 5,000.00

MACON COUNTY                                             $ 1,000.00

MECKLENBURG COUNTY                                  $ 180,300.00

MOORE COUNTY                                              $ 25,000.00

PERSON COUNTY                                             $ 5,000.00

PITT COUNTY                                                   $ 24,015.00

POLK COUNTY                                                  $ 75,000.00

RICHMOND COUNTY                                         $ 1,000.00

ROBESON COUNTY                                           $ 17,000.00

ROWEN COUNTY                                              $ 14,300.00

UNION COUNTY                                               $ 45,000.00

WAKE COUNTY                                                $ 5,000.00

TOTALS                  $ 501,615.00

That’s a total of over a half of million dollars that the children of North Carolina are not benefiting from in the school system. It is not the job of the school systems in North Carolina to do the jobs of the so called professionals at the North Carolina Department of Insurance.

This is just one of many Surety companies that owe money and judgments in this State. These Surety companies are supposed to be blocked from writing more Bail Bonds until the monies are paid. You don’t see any of that happening do you ?

Don’t you think that it is time to see some firings of some of these so called professionals at the Department of Insurance ? I sure as hell do !

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