By Elliot Gulliver-Needham Regulators in two US states have pushed five insurers to scale back their investments in Everton bidder 777 Partners after they were found to have exceeded the limit on how much a company can invest in a single asset. Utah and South Carolina’s regulators have asked insurers belonging to the A-Cap group to cut their exposure to the group, the Financial Times reported. The insurers collectively control $11.5bn (£9.1bn) of assets with $2.9bn (£2.3bn) of that invested in entities related to 777 Partners. The two states have maximums that a company can invest in a single …