$150M+ asset sale payout distributed to Greg Lindberg policyholders
May 20, 2026 by John Hilton
More than $150 million from the sale of a key asset tied to Greg Lindberg’s insurance empire has been distributed to policyholders who have uncovered claims, according to a new report filed by the court-appointed special master.
About 95% of the nearly $158 million distributed to affected policyholders had been deposited as of the close of the reporting period, April 30. In total, 43,793 checks were issued to policyholders affiliated with Lindberg-controlled North Carolina insurance companies, with approximately 74% of the checks having cleared, wrote Michael Martinez, of Grier Wright Martinez, the law firm appointed as special master.
Originally Posted at InsuranceNewsNet on May 19, 2026 by John Hilton.
Categories: Industry Articles
