Eli Global News

Feds Subpoena More Documents About Donor from North Carolina Insurance Dept.

Federal prosecutors have sought more documents from the North Carolina Department of Insurance about an industry magnate who’s also donated lots of money recently to North Carolina political causes. A department spokeswoman confirmed Tuesday it received the Jan. 23 federal …

North Carolina Insurance Head Sends Controversial Campaign Contribution to FBI

North Carolina’s insurance commissioner said he’s handing over to the federal government a contribution that’s the subject of a citizen’s complaint alleging improper campaign giving by a leading state donor who also faces scrutiny from federal investigators. Insurance Commissioner Mike …

Subpoena Issued to North Carolina Insurance Department Over Private Political Donor

A federal investigation seeks documents about business operations connected to a private investment firm founder who seemingly overnight became the largest individual donor in North Carolina politics. The federal grand jury subpoena issued last month to the state Department of …

Secret Buyer of Beechwood Assets Unveiled as Global Bankers Insurance Group

Global Bankers Insurance Group is the previously undisclosed buyer of assets from the Beechwood family of reinsurance and asset management companies, a person familiar with the matter told Reuters. The recent purchase by Global Bankers – a $3.5-billion, Durham, North …