ALI Draft Restatement Misstates Key Insurance Law Issues

By Scott Seaman (September 18, 2017, 1:39 PM EDT) -- By now all interested parties know that, in May, the American Law Institute (ALI) deferred for a year the vote on approving the publication of its much anticipated Restatement of the Law, Liability Insurance to respond to the onslaught of criticism from the defense bar, insurers, trade organizations, commentators and even insurance regulators. Succinctly stated, the overriding concern is that the draft "restatement" actually constitutes a "misstatement" with respect to several key points of liability insurance law....

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