NE LB 530
Requires certain insurance policies to comply with federal minimum levels of financial responsibility for motor carriers.
Ensures that intrastate motor carriers have adequate liability insurance coverage as set by Federal standards for interstate shipping, which have been adopted into Nebraska state law. It achieves this by requiring insurers issuing liability policies to intrastate motor carriers to ensure that the aggregate of liability coverage carried by the individual meets or exceeds the Federal minimum standards.
Adjourned. Carries-over to 2022. Pending Committee action.
01/19/2021 Introduced in Senate.
01/22/2021 Referred to Senate Committee on Banking, Commerce and Insurance.
05/27/2021 Remains in Committee.