Restatements of the Law have been a feature of the legal landscape for nearly 100 years.  Issued by the American Law Institute, they influence and shape the law  The Institute’s members include U.S. Supreme Court justices, judges of the highest courts of most states, law school deans, professors, and private practitioners. Putting it simply, when the Institute speaks, courts and others tend to listen.  Now, for the first time, the Institute has spoken on the subject of liability insurance. It has published the Restatement of the Law, Liability Insurance.  This Restatement has proven to be controversial, both in its drafting process and since its final approval. Yet, it was not adopted lightly.   Read full article at pdf below.

190725 LADJ-Restatement (KAP)