After wrestling with the decision about how to fix this mess, my insurance company (Heritage Insurance) made it easy - they decided to total the bass, since the estimated repair cost plus expected depreciation (which is covered by my policy) was close to replacement value. Plus, since the repair would have involved placing a new scarf joint - glue joint - between the nut and the bridge, the whole sonic point of the ebony neck laminates would have been diminished, if not lost.
Since the insurance company offered to pay for me to have a new bass built (using the hardware and electronics from the old one) the decision was a no-brainer. So, here we go again! Quick Susan, the quilt!
I totally have to give mad props to Ellis Hershman at Heritage Insurance Co, my musical instrument insurance broker
www.musicins.com He specializes in musical instrument insurance, and was a pleasure to deal with.
Listen: insurance on a 10K Series bass costs about $60 US a year. The insurance covers accidental, shipping or travel damage (including depreciation!) and loss. You have to be stone cold crazy not to insure your Alembic! Know this: most standard homeowner's policies either don't cover your instrument (particularly if you ever use it at a paying gig) or are riddled with exemptions.
Pardon my shouting, but DON'T BE A BUTTHEAD. INSURE YOUR ALEMBIC!