Town Hall Series: Developing Industry Standards

Raising the Bar with Continuous Education

Why is the insurance industry afraid to lessen the experience underwriting requirement?

Our effort to promote industry standards continues with a focus on continuing education and defining a learning path for professional drivers.

In our last two town hall sessions, our panelists have discussed how the insurance industry has more power than the FMCSA to create change in trucking. This is because the insurance industry sets the underwriting requirements that drive motor carrier practices.

Current underwriting restrictions on drivers with less than 2-3 years CDL A experience are prohibiting new drivers from entering the industry — further exacerbating the driver shortage we have been facing for years. Why is the insurance industry afraid to lessen the experience underwriting requirement? And how can industry standards help?

As our panelists will discuss, the trucking industry has an opportunity to establish a defined path for drivers to be monitored and receive continuing education. This can only serve to help motivate the insurance industry to rethink their underwriting requirements.