Compiled by Michelle Buhalo • Last Updated August 26, 2019
"'Liability insurance' is insurance that exclusively or primarily covers risks related to the liability of an insured to third parties, including the liability-insurance-coverage part of an insurance policy that includes other forms of coverage." Restatement of Liability Insurance § 1 (Am. Law Inst. 2019).
The first series of the Restatement of Liability Insurance was published in 2019.
Explanation of series numbering: In 2014 ALI devised a new system for numbering series of Restatements. ALI is no longer grouping series by publication date. Instead, all new Restatement subjects will begin as the first series of that subject. Subsequent versions will be labeled as the second series, third series, etc. Prior completed Restatement projects will retain their numbered status. Current and future projects relating to subjects already completed will be numbered by the next sequential series. For more information regarding this change, see the Fall/Winter 2014 issue of The ALI Reporter.