MCS-90 Endorsement Acts as Surety Not as Additional Insurance
A recent case will have significant impact on truck accident attorneys and lawyers litigating insurance coverage in trucking cases. In Carolina Casualty v. Yeates, 584 F.3d 868 (10th Cir. 2009) (en banc), the court held that the MCS-90 Endorsement applies as surety coverage when the underlying insurance policy to which it is attached provides no coverage for the loss and the motor carrier’s insurance coverage is not sufficient, IN AGGREGATE, to satisfy the federally prescribed minimum levels of financial responsibility.
As a result of Yeates, Defendant trucking companies and insurers will argue that an insurer’s MCS-90 coverage does not come into play when a plaintiff has already received a payment, from all sources, equal to the minimum statutory insurance coverage amount. See Also: Casper v. American Intl S. Ins. Co., 2009 WL 4984797 (Wis. App.)
The Truck Accident Lawyers at the Law Offices of Morgan Adams concentrate in protecting the rights of those who were seriously injured or lost a loved one in an accident with a commercial truck or bus. Our lawyers are based in Tennessee, but serve clients throughout the nation. If you or someone you love has been seriously hurt by a careless driver, don’t sign anything the trucking company gives you -- contact us as soon as possible at 866-580-4878 or by email to learn more at a free, confidential consultation.
