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NC appeals court deals another blow to Greg Lindberg's …
Mar 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.
Greg Lindberg ponders appeal as policyholders await June …
Mar 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 ...
The staying power of Ibexis and its annuity products for …
Nov 1, 2022 · Introducing innovative features and seamless experiences. Ibexis Life & Annuity Insurance Company is a Missouri domiciled insurer offering fixed annuity products in 43 States and the District of ...
‘Excess mortality’ continuing surge causes concerns
Oct 26, 2023 · Excess mortality is the difference between the total number of deaths for a specific time period and the number that would have been expected.
NC regulators release $1.2B from former Lindberg insurers …
Sep 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.
Caught in financial storm, P&C insurers turn to reorg, layoffs
Oct 24, 2023 · GEICO said it was reducing its workforce by about 2,000 employees, or 6% of its total. “This will allow us to become more dynamic, agile, and streamline our processes while still serving our ...
responding to an insurer’s recoupment of past payments
Jul 1, 2014 · SlUs. Most insurance carriers have units dedicated to both preventing healthcare fraud and recovering payments the insurer believes the provider obtained through mistake or fraud.
Insurance polices adding ‘insurrection,’ ‘riots’ as exclusions
Jan 22, 2024 · Uncertainty regarding restrictiveness “The exact language in policies will determine coverage,” Zupnick said. “So, while ‘insurrection’ as a specified exclusion is increasingly standard ...
Medical Mutual Signs Agreement to Acquire Paramount …
Jan 29, 2024 · Founded in 1934, Medical Mutual is the oldest and one of the largest health insurance companies based in Ohio.We provide peace of mind to more than 1.2 million Ohioans through our high-quality ...