This Project was converted from a Principles project to a Restatement project in October, 2014. As a Restatement, the project aims to provide clear formulations of common law and its statutory elements or variations and reflect the law as it presently stands or might appropriately be stated by a court.
- Chapter 1 addresses basic contract-law doctrines that have special application in the insurance-law context: interpretation, waiver, estoppel, and misrepresentation.
- Chapter 2 addresses insurance-law doctrines relating to duties of insurers and insureds in the management of potentially insured liability actions: defense, settlement, and cooperation.
- Chapter 3 addresses general principles relating to the risks insured that are common to most forms of liability insurance, and is divided into three Topics: (1) coverage provisions, (2) conditions, and (3) the application of limits, retentions, and deductibles.
- Chapter 4 addresses remedies, bad faith, enforceability, and broker liability.
Reporters
Kyle D. Logue
Associate Reporter, Liability Insurance Restatement
Kyle D. Logue is the Wade H. McCree and Dores M. McCree Collegiate Professor of Law at The University of Michigan Law School. He teaches and writes in the fields of insurance, torts, tax, and law and economics. In 201, he was awarded the Liberty Mutual Prize for the outstanding paper in the area of property and casualty insurance law.
Tom Baker
Reporter, Liability Insurance Restatement
Tom Baker is the William Maul Measey Professor of Law and Health Sciences at Penn Law. A preeminent scholar in insurance law, he explores insurance, risk, and responsibility using methods and perspectives drawn from economics, sociology, psychology, and history.
Jennifer Morinigo, Tom Baker and Kyle D. Logue | April 25, 2018 | Liability Insurance
In the video below, Liability Insurance project Reporter Kyle Logue discusses Long Tail Claims, and the issues surrounding them. Included below the video is the Black Letter and Comment from the 2018 Annual Meeting draft. § 41. Allocation in Long-Tail Harm Claims...
Jennifer Morinigo | April 10, 2018 | Liability Insurance
The Restatement of the Law, Liability Insurance, is on the Annual Meeting agenda on Tuesday, May 22. A Proposed Final Draft of the project will be presented to membership, and if approved, the project will be completed. All projects follow the Institute’s rigorous...
David M. Atkinson and Eleanor G. Jolley | March 13, 2018 | Liability Insurance
Insurance coverage is premised on the concept of fortuity – a loss that occurs by chance or accident. When an insurance company issues a policy, it insures against a risk of possible loss, not a certainty. Insurance carriers do not intend to provide coverage for a...
Kyle D. Logue | March 5, 2018 | Liability Insurance
Project Reporter Kyle D. Logue discusses Long Tail Claims in the video below. Project Feature: Liability Insurance – Long Tail Claims from The American Law Institute on Vimeo. SHARE Tags: Liability Insurance Kyle D. Logue Associate Reporter, Liability Insurance...
Jennifer Morinigo | January 23, 2018 | Consumer Contracts, Government Ethics, International Commercial and Investor-State Arbitration, Liability Insurance, Sexual Assault, Student Sexual Misconduct, Torts: Economic Harm
At its meeting in Philadelphia on January 18 and 19, the Council reviewed drafts for several projects, with the following outcomes: Consumer Contracts: The Council discussed § 1, Definitions and Scope, and § 2, Adoption of Standard Contract Terms, of Council Draft No....
Pauline Toboulidis | October 16, 2017 | American Indian Law, Charitable Nonprofits, Data Privacy, Liability Insurance
The below is a sample of some recent and upcoming events featuring topics that may be of interest to our readers. White & Williams Coverage College 2017 The eleventh annual White and Williams LLP Coverage College is coming to the Pennsylvania Convention Center on...