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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...