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S08437 Summary:

BILL NOS08437
 
SAME ASSAME AS A09761-A
 
SPONSORLIU
 
COSPNSRPARKER
 
MLTSPNSR
 
Add 3457, Ins L
 
Provides that every authorized insurer that issues or issues for delivery in this state a policy of commercial risk insurance insuring against losses or liabilities arising out of the ownership, operation, or use of a motor vehicle, shall establish a group fleet policy insuring against the losses or liabilities arising out of the ownership of motor vehicles engaged in the business of carrying or transporting passengers for-hire, having a seating capacity of not less than eight passengers.
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