The U.S. Securities and Exchange Commission (SEC) and the U.S. Attorney’s Office for the Southern District of New York are investigating two insurance companies owned by Mark Walter, owner of the Los Angeles Dodgers— —Delaware Life Insurance Co. and Clear Spring Life and Annuity Co.—owned by Mark Walter, owner of the Los Angeles Dodgers. This follows allegations that the two companies provided $16 billion in loans to Walter or affiliates of his group, TWG Global, raising concerns about potential insurance fraud.