What’s New: In Brief (April 13, 2009)

Increasing demand for directors’ and officers’ (D&O) insurance is being fuelled by concerns about the economy, shareholder action, litigation and the increasing engagement by regulators, according to Marsh.
FTSE 100 companies are buying 20% more D&O insurance than 12 months ago, the company notes in a statement. This is in a bid to protect directors from the growing threat of claims.
Furthermore, there is an emergence of a ‘dual market’ for D&O insurance in Q1 2009. “While the commercial sector has stabilized to a large extent, the financial services sector is still in the midst of toughening market conditions, galvanized by the fallout from the financial crisis and concerns over recent fraud cases,” Marsh notes in a release.

I-CAR will be offering points for PPG Envirobase High Performance and Nexa Autocolor Aquabase Plus through its Industry Training Alliance program, according to PPG Industries.
PPG offers a one-day course —both classroom and hands-on training — at PPG training facilities or at community colleges across Canada.
This course is a prerequisite for shops wishing to convert to PPG’s waterborne basecoats. People who attend this course also receive an application CD and simplified instructions on the use of the product.