California Insurance Commissioner Ricardo Lara’s recent wildfire resiliency report 1 is being discussed as a roadmap for rebuilding after a catastrophe. From my...
This is the second of three blogs about constructive total loss, and follows yesterday’s post, Lessons from Constructive Total Loss in Property Insurance. 1...
NORTHBROOK, Ill., August 14, 2025 – Labor Day weekend is one of the busiest travel periods of the year, and new insights from Allstate’s Drivewise®,...
The Origins of Constructive Total Loss
The doctrine of constructive total loss has its roots in marine insurance, where shipowners were permitted to abandon...