FILE - Court Judge Gavel Litigation Law Legal Attorney Lawyer Insurance Firm

(The Center Square) – North Carolina Insurance Commissioner Mike Causey is celebrating a Wake County Superior Court decision this week to liquidate two financially troubled insurance companies once led by billionaire Greg Lindberg.

The Monday court order from Judge Graham Shirley granted a Nov. 1 request from Causey to place Colorado Bankers Life Insurance Co. and Bankers Life Insurance Co. into liquidation, which means obligations will be assumed by state guaranty associations.

Originally published on thecentersquare.com, part of the TownNews Content Exchange.

Locations

Recommended for you

Load comments