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Saturday, November 2, 2024

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  • American Law Institute puts off vote on Restatement of liability insurance law for a year

    By W.J. Kennedy |
    PHILADELPHIA (Legal Newsline) - In the face of withering criticism from the insurance industry, state officials, and most recently, counsel for some of the country’s largest corporations, the American Law Institute (ALI) yesterday decided to delay a vote on a Restatement of the Law covering liability insurance for a year. The now delayed project was scheduled for discussion before the full ALI body today.