Newly unsealed records show North Carolina officials are seeking control over numerous private companies owned by insurance executive Greg Lindberg
North Carolina insurance officials are seeking appointment of a temporary receiver to take control of hundreds of private companies owned by insurance executive Greg Lindberg, newly unsealed state court documents show.
Mr. Lindberg’s private companies owe $1.3 billion to four insurers formerly under his control and $2.1 billion overall, the documents show. State Insurance Commissioner Mike Causey took control of those insurers in June based on concerns about their financial health, with court approval.
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