Archive February 2019
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EnRoute- February 7, 2019
TRALA works with law enforcement agencies to produce a rental security training video. FULL STORY
MAINE MFR LEGISLATION WITHDRAWN AFTER OPPOSITION FROM TRALA
On January 2, 2019, Maine State Senator Robert Foley (R-34) introduced Senate Paper No. 11, which sought to increase the Minimum Financial Responsibility (MFR) for property damage from $25,000 to $50,000. Since the passage of the Graves Law, which greatly limited vicarious liability lawsuits, TRALA has seen state lawmakers, trial lawyers, and some in the insurance industry attempt to increase the MFR limits in states. While often times these efforts are led by trial lawyers seeking to encourage more lawsuits with larger payouts, in some cases it simply comes from legislators who do not understand the impact an MFR increase can have on the truck rental industry.