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Insurance - USA - Truckings' loophole may be difficult to close
Hartford,CON,USA-WTNG/AP, Oct. 14, 2005: -- Insurance officials say there is no easy fix to a loophole that allows commercial trucking companies to operate without liability insurance... Insurance companies cover commercial vehicle fleets differently than every-day drivers and cannot begin notifying the Department of Motor Vehicles whenever a liability policy lapses... State lawmakers are hoping to change state law during a special session this month or next requiring insurers to notify the DMV. But lawmakers are being told that the issue is too complicated and may require more study...
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