Ryan Teitman | June 6, 2017 | Liability Insurance
Penn Law’s Tom Baker serves as the Reporter for the American Law Institute’s Restatement of the Law Liability Insurance. The ALI membership met on May 23 and discussed the Restatement, which would help to define insurance law as a field. Professor Baker is an expert...
Randy Maniloff | May 25, 2017 | Liability Insurance
It had been expected by many that, after seven years of arduous work, The American Law Institute’s (ALI) “Restatement of the Law, Liability Insurance” would be approved on Tuesday, May 23 at the Institute’s Annual Meeting at The Ritz-Carlton Hotel in Washington, D.C....
A. Hugh Scott | May 17, 2017 | Liability Insurance
This article originally appeared in LAW360. The saga of the proposed “Restatement of the Law — Liability Insurance” (the “Insurance Restatement” or “Restatement”) of the American Law Institute continued to unfold recently with the publication by the Restatement’s...
Tom Baker and Kyle D. Logue | May 17, 2017 | Liability Insurance
Abstract For most non-contractual legal claims for damages that are brought against individuals or firms, there is some form of liability insurance coverage. The Restatement of the Law Liability Insurance is the American Law Institute’s first effort to “restate” the...
Kyle D. Logue and Tom Baker | April 20, 2017 | Liability Insurance
As a follow up to our post on the Council Draft text of this section, we now present the test from the Proposed Final Draft of Section § 24 – The Insurer’s Duty to Make Reasonable Settlement Decisions. The Black Letter and Comment were modified from what...
Kyle D. Logue and Tom Baker | April 4, 2017 | Liability Insurance
As a continuation of our post series that incudes content of ALI drafts, we now include Section 42 – Allocation in Long-Tail Harm Claims Covered by Occurrence-Based Policies. Due to the length of the Section, full black letter and the first paragraph of each comment...
