Several members of Congress, including Rep. Chuy Garcia, D-Ill., recently wrote to Transportation Secretary Pete Buttigieg to inform him about commuter rail operators’ difficulties in securing liability insurance.
On Thursday, April 22, a coalition led by the Owner-Operator Independent Drivers Association sent a letter to those lawmakers urging them not to put small trucking companies in the same unenviable position.
Ironically, Garcia is the leading force behind the Insurance Act, HR2687, which would increase the minimum insurance requirement for motor carriers. Although the specifics of Garcia’s current bill still haven’t been released, the 2019 version of the bill called for the current minimum insurance of $750,000 to increase to nearly $4.925 million – an increase of more than 550%. Garcia’s amendment added to last year’s highway bill, HR2, called for a 167% increase to $2 million.
landline.media
The Letter:
On Thursday, April 22, a coalition led by the Owner-Operator Independent Drivers Association sent a letter to those lawmakers urging them not to put small trucking companies in the same unenviable position.
Ironically, Garcia is the leading force behind the Insurance Act, HR2687, which would increase the minimum insurance requirement for motor carriers. Although the specifics of Garcia’s current bill still haven’t been released, the 2019 version of the bill called for the current minimum insurance of $750,000 to increase to nearly $4.925 million – an increase of more than 550%. Garcia’s amendment added to last year’s highway bill, HR2, called for a 167% increase to $2 million.
OOIDA-led coalition asks rail advocates not to derail trucking industry
OOIDA leads a coalition that wants lawmakers concerned about the effects of insurance increases on commuter rail to oppose similar mandates for motor carriers.
landline.media
The Letter:
