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Vol. 4, Iss. 2
February 18, 2015

The ALI Restatement: Status And Upcoming “Summit Meeting”
The Anyone Who’s Anyone Insurance Event

 

The American Law Institute’s “Principles of the Law of Liability Insurance” has been one of the most significant aspects of liability coverage over the past several years. Now, with the ALI’s Principles Project being converted to a Restatement, its importance and profile have been elevated immeasurably.

I checked in with the Project’s Reporters, Professors Tom Baker of Penn Law and Kyle Logue of Michigan Law, to get an update. They told me, as I suspected, that they are busy at work making revisions to chapters 1 and 2 for purposes of the transition from Principles to Restatement. These revised chapters will be discussed at the late-March meetings of the Project Advisors and Members Consultative Group.

Much has been said and written about the ALI’s Principles, n/k/a Restatement. While the Project has been part of insurance conferences in the past, never before, until now, has one been held bringing together so many of the key players involved. The Rutgers Law School–Camden Center for Risk and Responsibility is hosting such an all-day event on February 28. The list of speakers (advocates, perhaps a more accurate term) – academic and practitioner, representing both policyholder and insurer interests -- is top notch with many having involvement in the Project in various ways. The discussion can be expected to be nuanced and debate heated. And no ALI Project conference could be truly relevant without the two most important persons involved in attendance. The Project’s Reporters, Professor’s Baker and Logue, will be there and speaking.

If you have been following the ALI Project you’ll want to be there. If you want to begin the process of learning about this hugely significant development for liability coverage, there could be no better opportunity. This is the Yalta Conference of the insurance industry. More information about the Rutgers Law School ALI Restatement Conference here:

https://camlaw.rutgers.edu/apps/mailSystem/law_liability_insurance/message.html

Incidentally, I considered not plugging the conference since Rutgers turned me down for its law school. But that was 27 years ago. So I thought it would be petty to not do so for that reason.

[Disclosure. I have nothing to do with this conference -- other than buying a ticket. I simply know an important conference when I see one.]

 
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