how many megas self insure? The ones that do won’t be the ones that worry about this. Once again owner ops are the ones most affected.
Insurance Premiums Going Up
Discussion in 'Other News' started by mjd4277, Jun 18, 2020.
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Megas are self insured. The Attorneys are behind this attempt. Megas were in on the last attempt. Anything to raise our costs, and eliminate Competition is their Goal. Can You say ELD? The good news is Megas, all added up, are a drop in the Bucket. This will be passed on by most of the Industry. If it passes. I’ll deal with it, if and when it happens.
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Spear to Target Jury Verdicts, HOS, Infrastructure at MCERideandrepair Thanks this. -
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Swift/Knight... Self insured
CR England... Self insured
Werner... Self insured
Schneider... Self insured
Every company with less than 100 trucks... Purchases Insurance.
IF thus passes I would expect insurance premiums to go up... Even for those that already purchase $2M in insurance. Simply because insurance companies will see the writing on the wall that says "Come sue or clients, we now pay higher settlements!"
So who is this going to hurt???Rideandrepair and clausland Thank this. -
Last edited: Jul 1, 2020
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Well that didn’t take long!!!
Illinois Carrier Files For Bankruptcy ProtectionRideandrepair Thanks this. -
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