Insurance legislative updates from California, Florida, Alaska and more. (Photo: iStock)
Editor's Note: At the start of each month, we publish insurance legislative news and updates from around the nation.
National updates
The INSURANCE Act (HB 3781) was introduced in the House by Representatives Jesús "Chuy" García (IL), Hank Johnson (GA) and Matt Cartwright (PA). The bill would increase the minimum requirements for motor carriers to adjust to the inflation rate of medical costs. The current minimum insurance requirements for motor carriers was established in 1980 and has never been adjusted for inflation.
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