Under a House bill signed by Louisiana Gov. Bobby Jindal, the state will be allowed to take earmarked anti-fraud money and transfer it into the state's general fund for non-fraud purposes.

Foreign reinsurers opposing a proposed offshore insurer tax increase have criticized a YouTube video released by the measure's proponents, calling it "inaccurate and misleading."

In the wake of the financial crisis, the captive industry is running into new stumbling blocks that can triple the time it takes to set up a captive, according to a captive manager here.

NU Editor Sam Friedman's recent editorial columns on Eliot Spitzer and Maurice Greenberg are up for an award. See Sam's blog at www.NUSamSoapBox.com for details.

In the first jury trial of a case involving Chinese drywall, a Miami-area couple was awarded nearly $2.5 million, while drywall manufacturer Knauf Plasterboard Tianjin Co.

Tropical Storm Alex, the first named storm of the 2010 Atlantic Hurricane Season, is intensifying in the southern Gulf of Mexico but is not expected to hit the location of the British Petroleum oil spill, according to officials.

The death of Sen. Robert Byrd, D-W.Va., early Monday has raised the possibility that Democrats might have difficulty in getting the financial services reform legislation through the Senate before the Independence Day recess.

A federal judge is encouraging defendants currently outside the scope of a recently announced $712.5 million World Trade Center settlement to join the settlement, calling it fair and reasonable for injured plaintiffs.