October 22, 2020
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 …
October 7, 2020
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 …
August 28, 2020
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 …
August 21, 2020
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 …
August 17, 2020
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 …
August 10, 2020
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 …
April 29, 2020
North Carolina Insurance Commissioner Mike Causey has extended an order issued last month to the insurance industry requesting that insurers defer policyholder payments for an additional 30 days, beginning April 27. The original order, issued March 27 and amended on …
April 23, 2020
The North Carolina Department of Insurance (NCDOI) is taking steps to continue licensing insurance agents in the state as quickly as possible amid the shutdown of application processing centers due to the pandemic, according to a statement. Working with Pearson …
April 3, 2020
North Carolina Insurance Commissioner Mike Causey has activated an emergency declaration that gives policyholders in all 100 counties the option to defer insurance premium payments should they need to do so. The order was activated March 27 as a result …
March 30, 2020
North Carolina Gov. Roy Cooper announced Friday that a statewide stay-at-home order will start Monday, saying more movement restrictions are needed to blunt the new coronavirus and prevent hospitals from being overrun by cases. Cooper said the order will take …