Source link : https://las-vegas.news/proposed-invoice-in-nevada-legislature-would-elevate-legal-responsibility-insurance-coverage-for-intrastate-truck-corporations/
LAS VEGAS (KLAS) — A brand new invoice being mentioned on the Nevada Legislature is making an attempt to boost legal responsibility insurance coverage for intrastate truck corporations.
The rise would go from $750,000, which is the federal customary, to $1.5 million by 2030.
Las Vegas residents within the trucking enterprise are fearful that it will in the end have an effect on their backside line. Nenad Mitrovic, proprietor of Desert Eagle Transportation LLC informed 8 Information Now that if the invoice goes by way of, he’ll almost definitely transfer his enterprise.
“I really think it’s going to affect a lot of small businesses, and a lot of people are going to have to move out of Nevada and close down because they won’t be able to stay profitable anymore,” Mitrovic shared.
Within the Senate’s Development and Infrastructure Committee assembly, that very same sentiment was addressed by Senator Carrie Buck.
“It seems to punish Nevada owned businesses and I don’t see why it wouldn’t prevent them from going and opening up shop in another state that doesn’t have this provision,” Senator Buck added.
Finally, the invoice handed in an 11 to 10 vote. Jamie Cogburn with the Nevada Justice Affiliation was in favor of the invoice. He says that with inflation and the price of residing being so excessive, the rise is important.
“Medical cost have skyrocketed during this time frame so this is a modernization,” Cogburn informed 8 Information…
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Author : LasVegasNews
Publish date : 2025-04-30 06:58:00
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