North Carolina Insurance Commissioner Mike Causey News

North Carolina Insurance Donor to Appeal Conviction, Accuses Commissioner of Perjury

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 …

Convicted North Carolina Insurance Donor Gets 7 Years in Bribery Case

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 …

Prosecutors: Convicted N.C. Insurance CEO Has No Remorse, Should Serve 14 Years

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 …

Judge Upholds Conviction of North Carolina Insurance Magnate in Bribery Case

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 …

North Carolina Urges Insurers To Be ‘Flexible,’ Available During COVID-19 Emergency

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 …

Former North Carolina Insurance Chief Goodwin to Seek Post Again in 2020

North Carolina’s insurance commissioner from 2009 through 2016 wants the job again. Democrat Wayne Goodwin announced Tuesday he’ll run for commissioner next year, setting up a potential rematch with current Commissioner Mike Causey, the Republican who beat him in 2016. …

Former Head of North Carolina GOP Pleads Guilty in Insurance Commissioner Bribery Case

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. …

North Carolina Homeowners, Mobile Home Rates Going Up

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 …

North Carolina Insurance Donor Wants Political Bribery Case Dropped

Lawyers for the North Carolina insurance magnate charged with trying to bribe the state’s top insurance regulator say the case should be dismissed because he claims he was exercising his right to support elected officials who were responsive to constituents. …

The Aftermath of Hurricane Dorian: Southeast States ‘Dodged a Bullet’

Residents and the insurance industry in Southeast states are feeling relieved after Hurricane Dorian grazed the U.S. coastline last week just days after it caused catastrophic damage in the Bahamas. While the storm was at one point a Category 3 …