The North Carolina Rate Bureau has requested an average statewide rate increase of 24.5% on homeowners insurance rates in the state, according to a statement from the North Carolina Department of Insurance. The NCRB is not part of the NCDOI …
Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the position of North Carolina Insurance Commissioner. The Associated Press reported Wednesday night that Causey beat Goodwin with 52% of the …
The race for the next North Carolina Insurance Commissioner features two familiar faces to state voters in what is a three-peat showdown featuring Republican Mike Causey and Democrat Wayne Goodwin. Causey, the incumbent, bested the two-term former commissioner Goodwin in …
A North Carolina insurance agent has been sentenced to 5.5 years in prison in federal court after being found guilty of orchestrating a $400,000 fraudulent loan scheme involving insurance premiums, according to the U.S. Attorney for the Western District of …
A North Carolina insurance magnate and prolific political donor has started serving a federal prison sentence for corruption-related convictions. Greg E. Lindberg was in custody on Tuesday at a minimum-security prison in Montgomery, Alabama, according to Scott Taylor, a spokesman …
All licensed insurance producers and adjusters operating in North Carolina with a continuing education compliance period that ended in February, March, April, May and June 2020 must complete the state mandated CE requirements by Oct. 31, 2020 or face having …
An insurance company founder and big political donor heading to prison after being convicted of attempting to bribe North Carolina’s top elected regulator of the industry remains confident he’ll get a new trial or overturned conviction. In a letter sent …
A major political donor convicted of attempting to bribe a North Carolina elected official to secure preferential regulatory treatment for his insurance business was sentenced Wednesday to more than seven years in prison. Billionaire businessman Greg E. Lindberg was handed …
A federal prosecutor said Wednesday that a billionaire Durham businessman should spend 14 years in prison for trying to bribe North Carolina’s top insurance regulator with large political contributions. U.S. Attorney Andrew Murray laid out the prosecution’s sentencing recommendation against …
A federal judge has upheld the convictions of two men found to be trying to bribe North Carolina’s top insurance regulator with large political contributions so that scrutiny of a defendant’s businesses would be eased. A jury in March found …
