U.S. Probes Chinese Ownership of CIA-Linked Company

On June 28, perhaps in response to U.S. government concerns, Fosun announced it was putting Wright USA's parent company, Bermuda-based insurer Ironshore, up for sale. Fosun spent $2.3 billion over two years acquiring the company, Reuters reported. No timing for a sale was announced. A Fosun representative says the concerns about the security of Wright USA's data are baseless. The company is "not c