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House approves bill raising statutory standards for self-funded vehicle coverage
Utah House of Representatives (floor) · February 18, 1991
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Summary
The House passed HB 278 to align statute with insurance department practice for self-funded fleet coverage, recognizing higher asset and deposit requirements for large fleets (e.g., $200,000 plus $100 per vehicle); the bill passed and will go to the Senate.
Representative Howard presented House Bill 278, which amends statutory standards for self-funded motor vehicle insurance coverage. He noted that the existing statutory standard allowed a "single limit" concept of $40,000 and that twice that…
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