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125, 23-79-141 as amended by Act 685 of 1995, and 25-15-203, and other .... with form, rate and/or rule filings required under the Arkansas Insurance Code to ...
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Amends the Arkansas Insurance Code to allow for insurance company, agent, or broker to collect a fee from a motor carrier and remit it to the commissioner upon the request of the commissioner, but if the person requesting the fee is the insurer, carrier, agent, or broker of that insurance company, carrier, agent, or broker. Prohibits a person from using state tax dollars to provide coverage for a motor vehicle that would otherwise have been required to have insurance coverage under the Arkansas Insurance Code. Limits the maximum monthly rate that a carrier may impose on its passengers. States that no part of or any provision of this act or any law of a governmental entity, agency, court or other entity in support of, authorized by, or adopted in reliance on this act shall be construed as being a burden on, or in addition to, existing rights. Adds civil liability for certain persons to a state tort claim remedy. Prohibits motor carriers from conducting any business that restricts the transportation or operation of motor vehicles by certain classes of persons. Requires all motor carriers to pay a sum of 1 to the carrier pool for each full time employee who is a family member of a motor carrier employee who dies in the line of duty. Requires motor carriers to maintain a list of all full time employees whose household members are motor carriers for the purpose of making the annual contributions on behalf of such employees. Sets forth standards governing coverage and other requirements of motor carrier insurance. Limits insurance for passenger motor vehicles. Sets maximum annual premium: (a) 10,000 on passenger cars and commercial trucks weighing not more than 8,000 pounds, (b) 40,000 on passenger cars and commercial trucks weighing not more than 10,000 pounds, unless the vehicle is a truck-train trailer, (c) 40,000 on passenger cars and commercial trucks weighing not more than 12,000 pounds, unless the vehicle is a truck-train trailer and was not equipped for carrying passengers, or (d) 30,000 on passenger cars and commercial trucks weighing not more than 15,000 pounds.

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