On July 1, 2021, the U.S. House of Representatives passed a highway reauthorization bill that will increase minimum trucking insurance liability limits. The House bill would raise the mandatory minimum liability to $2 million dollars.The bill now heads to the Senate for further consideration. The current law requires that trucking drivers carry only $750,000 per incident. This unrealistically low level of insurance has not been adjusted for inflation, even though the cost of medical...
House Raises Federal Trucking Insurance Minimums For the First Time Since 1980, but the Bill Still Needs to Pass the Senate
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