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Debating ALI's Take On Pro Rata And All Sums Methods

By Bibeka Shrestha (April 17, 2014, 9:03 PM EDT) -- Whether the American Law Institute should back the pro rata or all sums method for allocating long-tail claims across multiple policy periods, is one of the high-stakes questions stirring up debate ahead of the body's annual meeting in May, when members will mull the latest draft of the ALI's liability insurance principles....

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