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The federal government is considering raising the commercial truck drivers' insurance limit form the current minimum rate of $750,000.00 The limits on over-the-road truck drivers have not been raised in over thirty (30) years.
Study Confirms that Tort Reform has Failed
Forbes Magazine has recently published a detailed study that tort reform has not improved healthcare and lowered insurance premiums as suggested. In fact, the recent study deflates other tort reform myths as well. Most notably, that tort reform would redirect the number of "frivolous lawsuits" and control "out-of-control" juries.
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