Captive insurer can’t shake $116 million bad faith claims, court rules
North Carolina Business Court ruled on March 3, 2026, that captive insurer Oxford Insurance Company NC LLC (Series 1) cannot dismiss $116 million bad faith and unfair trade practices claims brought by law firm Watts Guerra LLC. Judge Julianna Theall Earp’s opinion (2026 NCBC 17) lets those claims proceed while dismissing the underlying breach-of-contract claim … Read more