reported by Thomas Ilalaole, Medill News Service
Washington, DC- US House Democrats held a press conference recently to propose two bills that would mandate an higher insurance coverage carried by truckers, to pay to those injured following an accident. The increase in coverage would go from $750,000 to nearly $5 million.
Those whose family members were injured in a truck-car collision say the current coverage is often not enough to cover the cost of medical care in the wake of a major accident.
Another bill being proposed would require new trucks to have automatic braking on them. One safety coalition member said some remove those automatic brakes from their new trucks.
But members of the trucking industry say some of those proposing these changes have an alternative agenda. They say the mandates on higher medical coverage is really a move by the trial lawyers who want to be able to collect more in fees when they sue following an accident. Trial lawyers generally take a case on a contingent basis, in which they get one third of the settlement. By increasing the coverage mandated from$750,000 to $4.9 million, the lawyers winning a case for medical coverage would have their compensation go from a maximum of $250,000 to approximately $1,650,000.
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