Clash Over Control of 4 Insurers Flares
January 22, 2020 by Allison Bell
North Carolina officials have filed a suit against Greg Lindberg and some of his companies, Lindberg reported Wednesday.
A state court judge in Wake County, North Carolina, approved an order putting four insurance companies affiliated with Lindberg in rehabilitation, and appointing North Carolina Insurance Commissioner Mike Causey as the receiver, in June.
Lindberg identified the main plaintiff in the new case against him as Causey.
The North Carolina Department of Insurance said that plaintiffs in the case are the insurers companies that were placed in rehabilitation: Southland National Insurance Corp., Bankers Life Insurance Company, Colorado Bankers Life Insurance Company and Southland National Reinsurance Corp.
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