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):

• William T. Barker, Dentons US LLP
• Laura A. Foggan, Crowell & Moring LLP
• Douglas R. Richmond, Aon