United States:
ALI Approves Restatement Of The Law Of Liability Insurance
25 May 2018
Schnader Harrison Segal & Lewis LLP
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On May 22 the American Law Institute voted final approval for
the Restatement of the Law of Liability Insurance (RLLI). This was
eight years in the making (including 29 drafts) but now sets forth
ALI's positions on numerous important coverage issues. This
invaluable resource included input from insurers and policyholders
and sets forth the majority and minority positions in its comments.
Insurance industry professionals and business leaders may want to
pay special attention to issues where the RLLI may differ somewhat
from prevalent legal precedent in their jurisdiction. See ALI's announcement and
read "5 Key Rules In The ALI's
Liability Insurance Guidelines" by Law360.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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