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- Title
Rules of Policy Interpretation Reflect Lingering Policyholder Bias in the ALI's Restatement of the Law, Liability Insurance.
- Authors
Foggan, Laura A.; Padgett, Rachael
- Abstract
And it traces how the RLLI came to adopt rules of insurance policy interpretation that often further pro-policyholder constructions of insurance agreements rather than long-standing common-law insurance rules. Section 2: Insurance Policy Interpretation The first section in RLLI Topic 1 is section 2, which provides three general principles for liability insurance policy interpretation: (1) Insurance policy interpretation is the process of determining the meaning of the terms of an insurance policy. (2018) ("Tennessee Code Annotated, Section 56-7-102, is amended by adding the following as new subsections: (b) A policy of insurance is a contract and the rules of construction used to interpret a policy of insurance are the same as any contract.
- Subjects
RESTATEMENTS of the law; LIABILITY insurance; POLICYHOLDERS; TERRORISM insurance; INSURANCE companies
- Publication
Brief, 2020, Vol 50, Issue 1, p26
- ISSN
0273-0995
- Publication type
Article