Rep Steve Daines RMT who sponsored an amendment to block funding for a rule to increase motor carrier insurance levels argued that a dramatic increase in premiums could force 40 of carriers out of business ldquoThe bottom line is this the trial lawyers win the small businesses loserdquo

Rep. Steve Daines (R-MT), who sponsored an amendment to block funding for a rule to increase motor carrier insurance levels, argued that a dramatic increase in premiums could force 40% of carriers out of business. “The bottom line is this: the trial lawyers win, the small businesses lose.”

UPDATE: House votes to block higher minimum-liability insurance level

JUNE 10. The U.S. House of Representatives today approved by a thoroughly partisan 214-to-212 vote a measure that would prevent the Federal Motor Carrier Safety Administration (FMCSA) from increasing the minimum level of financial responsibility for motor carriers.

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