Description
Overview of the major coverage issues addressed in the recently approved ALI Restatement on liability insurance, which took almost a decade to finalize involving significant drafts and revisions to complete based on input from both the carrier and policyholder bars.
Objectives:
- What does the Restatement say about insurer supervision of defense counsel and liability for defense counsel’s actions?
- How does the Restatement treat insureds’ rights to independent counsel?
- How does the Restatement treat insureds’ rights to independent counsel?
- What limits does the Restatement impose on an insurer’s termination of an insured’s defense?
- What remedies does the Restatement authorize for breach of the duty to defend?
Speaker(s):
