North Carolina Insurance Commissioner Mike Causey released a statement after the N.C. Supreme Court decided to withdraw the petition for discretionary review in the case Causey v. Southland National Insurance Corporation. The court also dismissed the remaining issues in the case.
Commissioner Causey said, “The Supreme Court’s decision to dismiss this unfounded appeal clears the way for policyholders to get the relief they’ve been waiting for from state guaranty associations.
I will keep working hard to make sure all policyholders are compensated.”
Policyholders with questions should contact their insurance companies soon. For Colorado Bankers Life policies, call 1-833-658-2841. For Bankers Life policies, call 1-833-658-2840.