FMCSA Asking for Input on Proposed Insurance Increase Rule
On November 26 the Federal Motor Carrier Safety Administration (FMCSA) announced that it is seeking input from the trucking industry regarding newly proposed rules to raise the liability insurance minimum. The Agency’s Perspective The current minimum of $750,000 was set in 1985 and does not “adequately cover catastrophic crashes,” the agency says. They claim that … Read moreFMCSA Asking for Input on Proposed Insurance Increase Rule