New York Attorney General Letitia James has questioned whether the California company that underwrote former President Donald Trump's $175 million bond is financially capable of paying the bond if Trump loses his appeal in the case. James has requested that Knight Specialty Insurance Company provide proof of its financial capability. This dispute is part of the civil fraud judgment imposed on Trump and his adult sons, who were found liable for fraud and misrepresentation.
Knight Specialty's parent company chairman, Don Hankey, expressed no concerns about the situation
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