It is no secret that insurers have been critical of the recently approved ALI Restatement of the Law, Liability Insurance. Some of these criticisms are more serious than others.
I believe that there are four aspects of the new Insurance Restatement that are potential landmines that are lurking out there for insurers. These are issues that, if they take hold, could have a real impact on how claims need to be handled. They would provide opportunities for policyholders to advance their interests in coverage litigation. Interestingly, while many aspects of the Insurance Restatement have been criticized by insurers, these four potential landmines went largely undiscussed in the many articles written about the subject over the past few years.
I am pleased to have the opportunity to discuss the ALI’s Insurance Restatement with Tom Baker, Penn Law Professor and one of the principal drafters of the Restatement, as part of a (video) webinar being offered by the American Law Institute itself.
I hope you will join Professor Baker and me on October 24th to get our take on which aspects of the much-debated Restatement are most likely to influence courts, in which jurisdictions it is most likely to be relevant and how it can be used by policyholders and insurers. And I’ll discuss these potential landmines that may be lurking out there.
Don’t miss this great opportunity to learn about the Insurance Restatement from the man at the center of the debate for the past 8 years.
I have arranged a 40% discount on the cost of the webinar for Coverage Opinions readers.
Use Promo Code VC1024CO.
This webinar provides 1.5 CLE credits (including 30 minutes for ethics; check your state at the link below).
For more information about this webinar and to register, please visit the ALI's site: https://www.ali-cle.org/course/VCAH1024P
Randy
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