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A semi-truck slammed into the back of a school bus that had stopped to drop off students along a highway in Salem, Wis., in 2008. (AP Photo/Mark Was)

The Federal Motor Carrier Safety Administration (FMCSA), a U.S. Department of Transportation division that regulates interstate trucking, is considering making commercial trucking companies raise the minimum amount of insurance coverage they must have as interstate carriers.

The $750,000 minimum insurance under federal law has not changed in 30 years. However, most truckers actually carry liability policies of $1 million, according to the trucking and insurance industries.

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Jayleen R. Heft

Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected]lm.com.

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