A bill proposed in the wake of Superstorm Sandy that would have insurers produce a single-page summary of a homeowners policy in New Jersey moved a step closer to passage after an Assembly committee approved language the industry can live with.

Allianz kept its guidance for operating profit of more than 9 billion euros ($12 billion) in 2012, after estimating its hit from last year's superstorm Sandy in the United States at $590 million.

The NICB presents the theft history of yet another automotive icon, the Ford Thunderbird.