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Jul 2, 2014

HOS DISCUSSIONS * USA: Liability limits for trucks

* DC - Battle begins over higher liability limits for trucks


(AP Photo: Flames engulf a tractor-trailer and tour bus after they collided near Orland, Calif. on Apr. 10, 2014, killing 10)
Washington,DC,USA -Property Casualty 360, by ARTHUR D. POSTAL -June 26, 2014: -- A battle is shaping up over the efforts of the federal truck safety agency to raise the minimum financial responsibility requirements for motor carriers, something which has not been done since the 1980s... It comes as the trucking industry is also trying to stop implementation of rules effective July 1 that place a firmer limit on the number of hours drivers can be on duty. The America Truckers Association has filed suit to halt the changes, and Sen. Susan Collins, R-Maine, has inserted a provision in a federal transportation appropriations bill that would delay the changes for at least one year... An industry executive with knowledge of the transportation industry recently spoke to PC360 about the impact the FMCSA proposal would have on motor carriers of passengers, which was also examined in the April report. Raising the minimum limits—currently $5 million for 16 or more passengers and $1.5 million for 15 or fewer passengers—would result in higher rates, but over time, perhaps three or four years as claims develop, he said...

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