Liability Insurance

This work addresses the complex rules adopted and applied by the courts in insurance coverage litigation.

This Restatement covers the law of contracts in the liability insurance context, liability insurance coverage, and the management of insured liabilities. The text reveals the extent to which the field of liability insurance evolved from its conceptual building blocks, rooted in the contractual agreement between insurer and insured, to address knotty questions of risk allocation governing decisions such as under what circumstances an insurer’s duty to defend its insured is triggered; how to balance an insurer’s right to control the defense with the policyholder’s right to a confidential relationship with counsel; when an insurer must accept a settlement offer from a claimant suing a policyholder; and when a policyholder may settle without insurer approval.

Reporter:
Tom Baker, University of Pennsylvania Carey Law School, Philadelphia, PA
Associate Reporter:
Kyle D. Logue, University of Michigan Law School, Ann Arbor, MI