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Greg Lindberg ponders appeal as policyholders await June funds …
WEBMar 8, 2024 · Liquidation to be finalized. The ruling clears the way for liquidation proceedings to continue against the two Bankers Life insurers. "As it stands now, the Order of Liquidation will become ...
‘Excess mortality’ continuing surge causes concerns
WEBOct 26, 2023 · Cause of death data show increased cardiac mortality in all ages. And even as COVID-related causes declined in 2022, others rose, particularly stroke, diabetes, kidney and liver diseases ...
NC appeals court deals another blow to Greg Lindberg's crippled …
WEBMar 5, 2024 · A North Carolina appeals court partially reversed a lower-court ruling today and affirmed liquidation proceedings against insurers once owned by embattled investor Greg Lindberg.
Caught in financial storm, P&C insurers turn to reorg, layoffs
WEBOct 24, 2023 · The $13.2 billion in underwriting losses was the highest ever – almost three times higher than its 2021 results. (-$4.7 billion). Its operating loss to fell to $8.3 billion for its property ...
NC regulators release $1.2B from former Lindberg insurers in ...
WEBSep 15, 2023 · Regulators are releasing 25% of funds due to policyholders of Colorado Bankers Life Insurance Co. and Bankers Life Insurance Co. The withdrawal program is already underway, regulators said.
Judge green lights lawsuit accusing State Farm of fraud in accident ...
WEBDec 26, 2023 · A class-action lawsuit accusing State Farm of "a fraudulent scheme" to undervalue vehicle loss assessments can continue, a federal judge ruled last week.
Life Insurance News Articles | InsuranceNewsNet
WEBOct 1, 2024 · Takaful Insurance Market Updated Revenue, Size, Regional Demand, Global Competitiveness and Key Companies Revenue Shares Over 2024–2032. 21 hours ago. The takaful insurance market, valued at $34 ...
Interest rates, rising demand driving annuity sales growth
WEBFeb 1, 2024 · Over the past two years, significant annuity sales growth has been driven by interest rates, rising demand for protection and guaranteed income, and strong economic conditions. In 2022, annuity ...
Policyholders wait as Greg Lindberg insurers remain stuck in ...
WEBJul 7, 2022 · According to court documents, four insurers formerly owned by Greg Lindberg say they face shortfalls of more than $1 billion and that policyholders could take "severe losses” before a court ...