Cozen O’Connor: The ALI’s Restatement of the Law on Liability Insurance [Law.com]

The ALI’s Restatement of the Law on Liability Insurance [Law.com]

Stephen Pate discusses why there is a controversy and how Texas—and some other states—are likely to deal with the ALI’s Restatement of the Law on Liability Insurance (RLLI). While other restatements have received criticism, the criticism received by the RLLI seems to be worse than any other. In particular, the RLLI adopts the “pro rata by years” method for allocation of indemnity costs with respect to long tail insurance coverage claims. 

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Stephen P. Pate

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spate@cozen.com

(832) 214-3957


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