The for-profit bail industry in the U.S. is highly localized and decentralized, with corporate involvement spread among thousands of privately owned bail bond agencies. In exchange for upfront, monthly, and other fees, these agencies post bail on behalf of incarcerated individuals and detained immigrants.
The industry also includes a small number of publicly traded insurance companies, which underwrite most jail and immigration bonds. In the wake of several major insurance companies divesting from their bail businesses, Fairfax Financial Holdings is the only publicly traded company involved in the industry.
For more information on the U.S. for-profit bail bond industry, see here.
Further Information