Louisiana 2024 2024 Regular Session

Louisiana House Bill HB879 Comm Sub / Analysis

                    DIGEST
The digest printed below was prepared by House Legislative Services.  It constitutes no part of the
legislative instrument.  The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent.  [R.S. 1:13(B) and 24:177(E)]
HB 879 Original	2024 Regular Session	Farnum
Abstract:  Eliminates the requirement for a three thousand dollar C.O.D. bond from common
carriers of freight by motor vehicles.  Requires trucks transporting specific products to carry
specific insurance coverages.  Requires certain coverage amounts on trucks transporting
waste.
Present law specifies that the commission must require specific insurance policies and indemnity
bonds including $3,000 bond from all common carriers of freight by motor vehicle, public liability
and property damage insurance on trucks and passenger vehicles operated by common and contract
carriers of $250,000 for injury or death up to $500,000 per occurrence and $10,000 for property
damage.
Proposed law removes the $3,000 bond requirement from common carriers, adds a qualification for
the public liability and property damage insurance on trucks to only apply to trucks transporting
household goods and salt water utilized in oil well exploration and production, and increases the
property damage portion from $10,000 to $25,000.
Present law further provides for public liability and property damage insurance for tow trucks or
wreckers providing coverage of at least $500,000 combined single limits coverage.
Proposed law retains present law.
Proposed law adds a provision for public liability and property damage insurance on trucks
transporting waste by both common and contract carriers providing coverage of not less than
$1,000,000 combined single limits coverage and an excess or umbrella liability policy of at least
$4,000,000 combined single limits coverage.
Present law provides for public liability insurance on passenger buses with coverage of $250,000 for
injury or death to any one person not to exceed $500,000 per occurrence and property damage
insurance on passenger buses providing coverage of $10,000.
Proposed law changes the property damage coverage for passenger buses from $10,000 to $25,000.
(Amends R.S. 45:163(D)(1))