• The Federal Motor Carrier Security Administration (FMCSA) is an FMCSA established under the Department of Transportation (DOT) on January 1, 2000, pursuant to the Motor Carrier Safety Enhancement Act of 1999 (Public Law No. 106-159, 113 Stat. 1748) . (December 9, 1999)). Formerly part of the Federal Highway Administration, the FMCSA’s primary mission was to prevent accidents and injuries associated with commercial vehicles. The administration contributes to the safety of road carrier operations through strict enforcement of safety regulations targeted at high-risk carriers and commercial vehicle drivers; improvement of information security systems and technologies of commercial vehicles; strengthening commercial vehicle equipment and operating standards; and raising security awareness. To carry out these actions, the administration is working with federal, state, and local law enforcement, the trucking industry, occupational safety groups, and others. (Source: www.transportation.gov/administrations https://www.transportation.gov/administrations)

  • The Federal Motor Carrier Safety Regulations (FMCSR) is a set of rules and regulations from the Federal Motor Carrier Safety Administration (FMCSA), an agency within the U.S. Department of Transportation, that apply to the car carrier industry, including private and exempt car carriers. The rules cover areas as diverse as registration requirements (as a haulier, broker or freight forwarder), safety, financial responsibility, driver qualifications, hours of operation and vehicle maintenance.

  • The fee disputes exclusion is an exception found in a significant minority of professional liability insurance policies that excludes coverage of claims made by professionals in connection with disputes over fees charged by such professionals. A typical sequence of events that leads to this sort of claim is: (1) the client disputes the amount charged by the professional upon receipt of his or her invoice, agreeing to pay only part of the invoice (or perhaps nothing); (2) a professional sues a client for an unpaid balance on a bill; and (3) the client responds to the recovery claim by filing a claim against the professional alleging that the professional negligently performed the service that is in dispute. The rationale for excluding claims related to a fee dispute is that insurers consider such matters to be business risks, not risks arising from negligent professional service. Another reason for exclusion is that insurers consider these disputes to be largely avoidable, provided that the professional clearly explains their fee structure and obtains the client’s agreement to these fees before the professional services are actually performed.

  • A rate plan is a cost containment tool used in workers’ compensation to standardize and prevent excessive claims-related medical expenses. Fee tables are published in most states and set maximum fees for various medical procedures. Health care providers may charge less than the maximum, and in many jurisdictions the provider may charge more than the maximum when justified.

  • Fee-for-service is the current and predominant model of health care delivery in the United States. In the fee-for-service approach, doctors, hospitals and health care providers in general are paid/reimbursed depending on the nature and especially the scope of the services they provide to a given patient. The fee-for-service model contrasts with the value-based care model, in which physicians and hospitals are compensated based on the achievement of positive outcomes (eg, reduced admissions and readmissions for chronic conditions, improved overall health). patients and maintaining that improvement over time) and not just the amount of health care they provide. The main criticisms of the fee-for-service model are that it offers no incentives to either control the cost of care or improve the overall health of patients.

  • The fees are fixed fees compared to interest fees (referred to as “commissions”). Captives tend to pay commission fees but then express the total amount as a percentage of the markup.

  • Employee coverage is an endorsement of a business vehicle policy (BAP) that provides coverage for claims made by an injured employee against a colleague who caused or contributed to an injury. In 1999, the Insurance Services Administration, Inc. (ISO) has introduced two standard proofs of employee coverage. Colleague coverage approval (CA 20 55) eliminates peer exclusion entirely, while peer coverage approval for designated employees/positions (CA 20 56) does so only for certain persons, positions or positions.