How A 1.25 Million Dollar Insurance Liability Hike May Affect Owner Ops
Discussion in 'Truckers News' started by Eddiec, Jul 10, 2020.
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While they say it has a low chance of passing due to the bill it's attached to I still think this should be met with harder criticism from trucking groups and owner ops in general. I don't want lawyers dictating my insurance rates.
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What good will it due?
Lawyers still sue and companies hit with $50 million lawsuits.alds Thanks this. -
Being backed hard by several of the largest truck lines, and basically ALL the insurance companies. Why? Economies of scale, the big fleets will only get hit with a few bucks per tractor, but this will put tens of thousands of independent O/O's and small fleets out of business. Competition killer.
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Louisiana is pushing through a bill to stop nuclear verdicts.
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.