North Carolina Insurance Commissioner Mike Causey today hailed a unanimous Court of Appeals opinion affirming the liquidation of Greg Lindberg’s former insurance companies, saying that the decision could lead to policyholders finally gaining access to their money.
Insurance Commissioner Mike Causey urges families to use Severe Weather Preparedness Week, which runs from March 3-9, to prepare for the potential for extreme weather this spring and hurricane season.“With warmer weather quickly approaching, you should never underestimate the power of dangerous storms and flooding,” said Commissioner Causey. “Having an emergency plan in place and protecting your home and family with the appropriate insurance coverage is critical.”
North Carolina Insurance Commissioner Mike Causey today announced the arrest of Rotrelle Lacorte Damon David, 32, of 808 Lake Drive, High Point. David was charged with one count of insurance fraud and one count of conspiracy to obtain property by false pretenses, both are felonies.Special agents with the NC Department of Insurance’s Criminal Investigations Division accuse David of falsifying a motor vehicle accident form submitted to Nationwide Insurance on July 1, 2023. David claimed his mother, Christina Malachi, was present in the vehicle, when in fact she was not.
North Carolina Insurance Commissioner Mike Causey today announces the appointment of Amy Funderburk to role of general counsel at the North Carolina Department of Insurance. “Amy is a highly experienced and dedicated public servant who brings a wealth of knowledge in government to this highly important position,” Commissioner Causey said. “I am very confident that Amy will bring the same level of service and commitment to the department.”
North Carolina Insurance Commissioner Mike Causey today announced the arrest Clayton Elof Peterson, 44, of 1006 Gateway Ave., Wilkesboro. Peterson was charged with one count of insurance fraud and two counts of obtaining property by false pretenses, all felonies.Special agents with the NC Department of Insurance’s Criminal Investigations Division accuse Peterson of falsifying a medical claim form, including the physician’s information and submitting it to American Health and Life Insurance Company.
North Carolina Insurance Commissioner Mike Causey today congratulated the state’s Captive Insurance Program for topping 1,500 licensed entities since the program began 10 years ago.“Since the passage of the Captive Insurance Act 10 years ago, North Carolina’s program has experienced tremendous growth,” Commissioner Causey said. “I am excited that the Department’s Captive Insurance Program continues to attract businesses to our state.”
North Carolina Insurance Commissioner Mike Causey today announced the arrest of Anthony Dashawn Hudson, 25, of 1884 Rebecca Kennedy Road, Rocky Point, N.C. Hudson was charged with the burning of personal property, insurance fraud and attempting to obtain property by false pretense. All three charges are felonies.
North Carolina Insurance Commissioner Mike Causey today said “No” to the insurance companies’ average 42.2% proposed increase in homeowners’ insurance rates.
The treasurer of a Yadkin County fire department stands accused of stealing some of the department’s funds.
Insurance Commissioner Mike Causey will present a Heroism Award to honor a bus driver who helped save the lives of 38 children during a visit to Harnett County on Friday, Feb. 2.Commissioner Causey will present the award to Monica Tyson-Crawford during the Benhaven Elementary School’s awards ceremony.
