An intermediate appellate court in New York ruled that insureds were entitled to coverage under the In Transit clause of an insurance bond for losses they sustained while their cash was being processed at a vault in between the Federal Reserve Bank and the insureds check-cashing businesses.

The cars at the center of General Motors Co.s February recall were still on the drawing board when a top engineer gathered more than a dozen managers and delivered a fateful message: Build them for less.

Favorable bottom-line results across all carriers, but small carriers concerned with top-line ramifications