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Business owners and brokers say commercial auto coverage is collapsing, urge swift action
Summary
Multiple business owners and brokers testified that rising commercial‑auto premiums and limited market participation are forcing companies to idle vehicles, leave the state, or stop new hires. Brokers warned umbrella and excess limits have spiked, shutting some businesses out of contracts.
Business owners and insurance brokers told the House Insurance and Civil Law committees on Dec. 12 that commercial‑auto insurance in Louisiana is reaching breaking point.
Linda Bernacki, president of Fire Tech Systems in Shreveport, said her 34‑year business runs 70 pickup trucks and has equipped vehicles with cameras and training, yet has faced repeated litigation and rising premiums. She described a claim in which video showed the other party struck her truck and was walking and…
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