How A 1.25 Million Dollar Insurance Liability Hike May Affect Owner Ops

Discussion in 'Truckers News' started by Eddiec, Jul 10, 2020.

  1. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  2. TheLoadOut

    TheLoadOut Road Train Member

    1,085
    4,065
    Nov 6, 2019
    0
    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.
     
  3. Judge

    Judge Road Train Member

    5,388
    30,447
    Mar 19, 2014
    Newport, Ar
    0
    What good will it due?
    Lawyers still sue and companies hit with $50 million lawsuits.
     
    alds Thanks this.
  4. Lantraxco

    Lantraxco Bobtail Member

    26
    17
    Jun 10, 2020
    0
    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.
     
  5. scottied67

    scottied67 Road Train Member

    10,636
    11,997
    Mar 14, 2010
    california norte
    0
    Louisiana is pushing through a bill to stop nuclear verdicts.
     
    clausland and Lantraxco Thank this.
  6. clausland

    clausland Road Train Member

    1,707
    8,504
    Dec 5, 2014
    North Woods
    0
    That is what should happen, but not likely to happen in this now nutty country...
     
  • Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.

  • Draft saved Draft deleted