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1 through 20 of 127 matching documents, best matches first.   Sort by date

Continental General Acquires Life, Annuity and Health Policies From State Guaranty Associations
Continental General Insurance Co. said it has completed an acquisition of two blocks of life insurance policies from the state life and health guaranty associations coordinated by ...
Source: BestWire   Date: February 17, 2026
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North Carolina High Court Clears Way for Liquidation of Lindberg-Connected Life Insurers
Colorado Bankers Life Insurance Co., according to North Carolina Insurance Commissioner Mike Causey. Southland and the Bankers Life imprints are owned by GBIG Holdings LLC, which ...
Source: BestWire   Date: August 28, 2024
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Appeals Court Upholds Liquidation of Lindberg Companies
... Securities and Exchange Commission. A trial has been set for April 1, 2025. (By Timothy Darragh, senior associate editor, BestWire: Timothy.Darragh@ambest.com)
Source: BestWire   Date: March 5, 2024
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Insurance Executive Lindberg Asks North Carolina High Court to Block Fraud Judgment
Court of Appeals got it right," it said. "It is, in that sense, a continuation of an expansive (temporary restraining order) and stay that has been in place to preserve the status ...
Source: BestWire   Date: July 12, 2023
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NC Appeals Court Upholds Breach of Contract, Fraud Liability for Lindberg
Southland National Insurance Corp., Bankers Life Insurance Co., Colorado Bankers Life Insurance Co. and Southland National Reinsurance Corp. The judge ruled Lindberg intended to ...
Source: BestWire   Date: June 23, 2023
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 Special Report: 2021 US Life/Health Impairments Update
In 2021, two life/health companies became impaired; one was placed into liquidation, the other into rehabilitation.
 Data
Source: Special Reports   Date: April 6, 2023
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Lindberg Associate Pleads Guilty to Charges in Lindberg Insurance Case
Greg Lindberg's insurance businesses. Christopher Herwig, former chief investment officer for Lindberg-owned entities, pleaded guilty in a recently unsealed indictment in U.S. ...
Source: BestWire   Date: December 23, 2022
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Insurance Magnate Has Deal to Sell North Carolina Carriers Despite Liquidation Orders
Bankers Life Insurance Co. and Colorado Bankers Life Insurance Co. in November, a move Lindberg representatives opposed, saying the companies could be sold immediately (BestWire, ...
Source: BestWire   Date: December 5, 2022
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Best's Credit Rating Notification - Colorado Bankers Life Insurance Company
AM Best has made the following rating update: Company: Colorado Bankers Life Insurance Company AMB #: 008502 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): ...
Source: Rating Actions   Date: November 30, 2022
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Best's Credit Rating Notification - Bankers Life Insurance Company
AM Best has made the following rating update: Company: Bankers Life Insurance Company AMB #: 008448 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): F FSR ...
Source: Rating Actions   Date: November 30, 2022
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North Carolina Court Approves Liquidation of Two Lindberg Insurance Companies
Colorado Bankers Life Insurance Co. and Bankers Life Insurance Co., which have been in rehabilitation since 2019. The companies were put into rehabilitation after questions arose ...
Source: BestWire   Date: November 23, 2022
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Update: North Carolina Regulator Seeks Liquidation of Two Greg Lindberg Companies
...Department comment added in the 10th-12th paragraphs.) The North Carolina Department of Insurance is asking a court to approve an order to liquidate two companies in receivership ...
Source: BestWire   Date: November 4, 2022
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Insurance Magnate Facing $75 Million Fraud Charges From SEC
Court of the Middle District of North Carolina. Lindberg directed his insurance companies - all now in rehabilitation - to enter into investment advisory services agreements with ...
Source: BestWire   Date: August 31, 2022
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Update: Judge Sets New Trial for Billionaire in Bribery Case in March
March 6, 2023, according to court records. The billionaire businessman was accused of conspiring to bribe North Carolina Insurance Commissioner Mike Causey to appoint a regulator ...
Source: BestWire   Date: August 30, 2022
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North Carolina Court Orders Lindberg to Relinquish Control Over Entities Owing Insurers $1.2 Billion
Southland National Insurance Corp., Bankers Life Insurance Co., Colorado Bankers Life Insurance Co. and Southland National Reinsurance Corp. "The insurance companies are very ...
Source: BestWire   Date: May 19, 2022
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AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Universal Life Insurance Company
Universal Insurance Company (UNICO). The outlook assigned to the Credit Ratings (ratings) is negative. The ratings reflect Universal Life's balance sheet strength, which AM Best ...
Source: Press Releases   Date: January 21, 2021
AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Universal Life Insurance Company
Universal Insurance Company (UNICO). The outlook assigned to the Credit Ratings (ratings) is negative. The ratings reflect Universal Life's balance sheet strength, which AM Best ...
Source: BestWire   Date: January 21, 2021
 Special Report: 2019 US Life/Health Impairments Update
Ten companies became impaired in 2019: five affiliated life and annuity insurers, three health insurers, one life reinsurer, and one long-term care A&H insurer.
 Data
Source: Special Reports   Date: November 9, 2020
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Insurance Exec Lindberg Sentenced to Seven Years After NC Bribery Conviction
District of North Carolina. Lindberg's consultant, John D. Gray, was ordered to serve 30 months in prison, followed by two years of supervised release, it said. U.S. District Judge ...
Source: BestWire   Date: August 20, 2020
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AM Best Maintains Under Review With Negative Implications Status for Universal Life Insurance Co Following Arbitration Award
...Universal Life) following a reinsurance arbitration award. This Credit Rating (rating) action reflects a continuation of the under review with negative implications status that was ...
Source: Press Releases   Date: June 25, 2020

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