Congress Reexamining Insurance Minimums for the Trucking Industry

In 1980, Congress enacted regulation that the trucks have $750,000 in insurance.  And it has been that amount for thirty-five years, although in real terms that $750,000 is worth $4 million in today’s dollars. On February 26, 2015, comments will close on a crucial rule making issued by the Federal Motor Carrier Safety Administration (FMCSA) [...]