Regulators in North Carolina and Georgia are clarifying that insurance is considered an essential business as states move to limit what industries remain open during the current coronavirus outbreak. On March 24, North Carolina Insurance Commissioner Mike Causey requested that …
North Carolina Insurance Commissioner Mike Causey has asked the state’s insurance companies to be economically flexible with consumers in light of the COVID-19 health emergency. “Some of the mitigating efforts implemented on a state and local level to limit further …
A federal judge on Wednesday ordered two men convicted of trying to bribe a North Carolina insurance regulator not to contact jurors from their recently completed trial after learning a consultant attempted to do so on their behalf. U.S. District …
A major political donor was convicted Thursday of trying to bribe a North Carolina insurance regulator with millions of dollars in campaign funds in hopes of reducing scrutiny of his insurance business. A federal jury found insurance magnate Greg Lindberg …
The trial of an insurance company magnate and two associates on charges they conspired to bribe an elected North Carolina regulator with up to $2 million in campaign money so scrutiny of his businesses would ease is getting started. U.S. …
A federal judge refused to dismiss conspiracy and bribery counts against a North Carolina insurance magnate and two associates, allowing the case to move toward a February trial. Lawyers for Greg E. Lindberg, John Gray and John Palermo had argued …
W.R. Berkley Corporation has formed Oak Harbor Reinsurance Co. (Oak Harbor Re), a protected cell captive insurance company, which was licensed by the N.C. Department of Insurance on Nov. 25. According to the North Carolina Department of Insurance, Oak Harbor …
Embattled insurance investor Greg E. Lindberg has retained Louis Freeh, former federal judge and FBI director, and his firm Freeh, Sporkin & Sullivan to examine and render advice regarding financial aspects of Lindberg’s business entities, with respect to, among other …
The former chairman of North Carolina’s Republican Party admitted Wednesday that he broke the law by lying to federal agents about his role in an alleged effort to bribe the state’s top insurance regulator to help a major GOP donor. …
The North Carolina Department of Insurance and the North Carolina Rate Bureau have settled a legal dispute over a proposed premium increase for homeowners insurance rates, according to a statement from NCDOI. NCDOI has also negotiated a settlement with the …
