If you follow our work you will know that we were involved in a terrible truck crash case in East Lyme, Connecticut. The terrible crash occurred on Rt. 95 in East Lyme, Connecticut. There were several serious injuries and even fatalities. This was truly a terrible crash. And the verdict was over $15,000,000.00 for all plaintiffs. Yet the trucking company did not carry enough insurance. I have blogged on this issue in the past. This type of tragedy can happen to anyone who drives the road with these huge trucks.
We are happy to see the introduction bill called the Safe and Fair Environment on Highways Achieved through Underwriting Levels Act or the A SAFE HAUL Act. It is H.R. 2730). It was introduced to the House by Congressman Matt Cartwright , and was co-sponsored by a handful of other congressmen. This bill permanently addresses the problem of underinsurance in the motor carrier industry, and will go a long way in promoting safe trucking operations. The current required insurance minimum for trucking operations is $750,000, which was set in 1980. In today’s dollars, that equates to $4.4 million. In staying consistent with current law, A SAFE HAUL Act would raise the minimum required insurance to $4,422,000. In addition, the bill would tie the insurance minimum to the cost of medical care inflation, making this a permanent solution to the long-time problem of underinsurance in the trucking industry.
This legislation that simply requires trucking companies to carry enough insurance is a step in the right direction.
If you or anyone you know has a question about trucking insurance rules or is involved in a truck accident in Connectciut, contact the truck accident lawyers at The Bartinik Law Firm, PC., 100 Fort Hill Road, Groton, Connecticut at 806 445 8521 or toll free at 888 717 4211.