Referred to the House Committee on Transportation and Infrastructure.
Summary
The Fair Compensation for Truck Crash Victims Act would lift the required minimum insurance coverage for motor carriers transporting property from $750,000 to $5 million. It also mandates that the Secretary of Transportation, in consultation with the Bureau of Labor Statistics, adjust that minimum every five years based on medical‑care inflation. The goal is to ensure victims receive adequate compensation and to promote safer trucking practices.
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