Shaping the Law [Best's Review]

Richard Mason of the Global Insurance Department authors this Insight Regulatory/Law column in Best's Review  on the Restatement of the Law of Liability Insurance. The forthcoming Restatement of the Law of Liability Insurance appears to be largely pro-insured, but the document may not have much impact on the very specialized field anyway.

The American Law Institute is preparing a publication, slated for release in mid-2017, that it hopes will have a major impact upon the law governing liability insurance claims. The co-authors (reporters) of this project have been energetic consumer protection advocates; consequently, there is profound concern the project has strayed from its stated purpose and undertakes to shift the law against insurers.

To read the full article, click here.

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