The California Department of Insurance (CDI) has regulated the bail bond business since the passage of the Bail Bond Regulatory Act in 1937. A bail bond is a surety bond, which is posted by a bail bond company to the court as a guarantee for an arrestee's appearance at all court dates. The court will release an arrestee from detention upon posting of the bail bond. Bail bonds are underwritten and issued by licensed bail agents which act as the appointed representatives of licensed surety i...
