Date archive: November 2014

FMCSA Minimum Insurance Requirement Remains Unchanged For the Time Being

In 1985, the Federal Motor Carrier Safety Administration set a $750,000 minimum insurance requirement for motor vehicle carriers. Earlier in 2014, there was discussion that a new rule would be promulgated raising the limit above $1 million to reflect inflationary rates. The new limit was expected to be released this Fall, but has been delayed…