Although Tropical Storm Don's path is south of the main oil and gas producing regions in the Gulf, about 500 operating oil and gas rigs are in the storm's path and could face damage.

Transatlantic Holdings Inc. is urging stockholders to reject a $3.5 billion unsolicited merger offer from Validus Holdings Ltd.

As the price of copper and unemployment rates rise, theft of copper and other metals looms large for insurers and risk managers.

Forecasters say Tropical Storm Don in the southern Gulf of Mexico is tracking toward parched southeastern Texas and is expected to make landfall late Friday.