On the recordJune 3, 2015
I, too, oppose this amendment. Increasing insurance requirements will not improve highway safety. I mean, what incentive does it create? How does increasing the insurance requirement improve safety? It is not backed by any sound data. The agency's own data shows that current requirements cover damages in more--more--than 99 percent of all crashes. Think about that, more than 99 percent of all crashes. But to the gentleman's point, my friend from Pennsylvania, the agency is planning on tying these requirements to medical inflation, and that results in increases of 500 percent or more. Think about that, medical inflation, this administration. I mean, isn't that the height of irony? I thought they were driving the cost of medical inflation down. That is another whole story. The fact is the industry has a remarkable safety record compared to all commercial motor vehicles. As a matter of fact, motor coaches average only 20 fatalities per year and schoolbuses only 5. Now, that is not meant to minimize those losses because every life is precious, but in a highway environment that produces 35,000 fatalities per year, the DOT study did not even consider accident data, claims data, or talk to insurance carriers about the impacts of increasing insurance or whether there is even a need for it. Indeed, this is a solution that is looking for a problem, a problem that does not exist. I urge the Members to vote ``no'' on this amendment.





