Financial Responsibility and Insurance Requirements for Minnesota Motor Carriers
The Federal Motor Carrier Safety Administration (“FMCSA”) requires that certain motor carriers maintain minimum levels of financial responsibility (e.g., insurance policies or surety bonds). The purpose of such regulations is to create additional incentives for motor carriers to maintain and operate their vehicles in a safe manner. See 49 C.F.R. § 387.1. Minnesota motor carriers […]
DOT Requires Motor Carriers to Review Commercial Drivers’ Annual Driving Records
Under applicable U.S. Department of Transportation (“DOT”) regulations, motor carriers are required, at least once every twelve months, to review the driving of record of each driver that it employs to determine whether the driver meets the minimum requirements for safe driving or is disqualified to drive a commercial motor vehicle. 49 C.F.R. § 391.25. […]