‘Total-loss’ regs apply to commercial vehicles

Through a recent consent agreement with Allstate Insurance Group, the Department of Business Regulation has articulated its position that the state’s insurance regulation requiring use of National Automobile Dealers Association or Kelley Blue Book values in assessing total-loss vehicles is applicable to commercial vehicles. Pursuant to the agreement between the parties signed in September, Allstate is...

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https://rilawyersweekly.com/blog/2018/11/01/total-loss-regs-apply-to-commercial-vehicles/

By: Barry Bridges, November 1, 2018