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

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.

 

What good will it due?
Lawyers still sue and companies hit with $50 million lawsuits.

 

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.

 

Louisiana is pushing through a bill to stop nuclear verdicts.

 

That is what should happen, but not likely to happen in this now nutty country...