NC regulators release $1.2B from former Lindberg insurers in receivership
September 19, 2023 by John Hilton
North Carolina regulators are releasing funds to long-suffering policyholders who own life insurance and annuities with insurers formerly controlled by Greg Lindberg.
The insurers are now in receivership as regulators and investigators continue to unravel Lindberg’s complex web of companies and investments. Lindberg faces several counts of fraud and attempted bribery of North Carolina Insurance Commissioner Mike Causey.