Open your eyes to the many potential pitfalls, coverage traps,
underwriting concerns, and claims issues lying under the surface of this
seemingly innocuous endorsement.
The MCS-90 endorsement is a highly misunderstood and increasingly
litigated one-page endorsement required by the Motor Carrier Act of 1980 to
be attached to auto insurance policies. Its purpose is to certify that the
insured maintains a minimum level of financial responsibility for
compensating others for loss arising from pollutants released in an auto or
truck accident. The most obvious category of businesses that need this
endorsement is truckers of all types. Additionally, however, it is often
needed by others with vehicle fleets (i.e., private carriers).
This IRMI book will open your eyes to the many potential pitfalls,
coverage traps, underwriting concerns, and claims issues lying under the
surface of this seemingly innocuous endorsement. If you buy insurance for,
sell insurance to, or underwrite insurance on commercial vehicles, you should
read this book to stay out of hot water. Adjusters and attorneys working with
trucking and environmental claims will also find it invaluable.
The MCS-90 Book covers these topics.
- Important Historical Developments Affecting the Motor Carrier
Industry
- The Motor Carrier Act of 1980
- The Motor Carrier Industry Now
- The Matter of Safety and Insurance
- Policy Forms Compared—An Industry Response
- Truckers—Insurance for Nontrucking Use
- Anti-Indemnification Laws
- Insurance and Minimum Financial Responsibility
- The MCS-90 Endorsement: The Good, Bad, and Ugly
- Litigation Issues
- An Industry in Transition: Can The MCS-90 Be Fixed or Replaced?
- Commercial General Liability Policy vs. Commercial Auto Policy
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Table of Contents
Agents, Brokers, and Account Support Staff
- Understand the coverage gap that often exists when this endorsement
is used and how to close it.
- Helps you explain to your clients why they need to buy auto pollution
coverage even if this endorsement is on their policy.
- Circumvent exposure pitfalls and help insureds make the right
coverage option choices.
Risk Managers, Financial Executives, & Insurance
Buyers
- Avoid costly truckers and motor carrier liability insurance coverage
gaps.
- Explain to management why auto pollution liability insurance is
needed.
Underwriters
- Get up-to-speed on what this unusual endorsement accomplishes (and
what it doesn't do).
- Advise brokers and insureds on the need for and application of this
endorsement.
Claims Adjusters
- Show brokers and insureds documentation explaining the insurer's
right of subrogation under the MCS-90 endorsement.
Attorneys
- Prepare briefs faster using the citations and discussions of caselaw
interpreting the MCS-90 endorsement.
Consultants
- Get up-to-speed on what this unusual endorsement accomplishes (and
what it doesn't do).
- Helps you explain to your clients why they need to buy auto pollution
coverage even if this endorsement is on their policy.
Your purchase of the online version of The MCS-90 Book comes
with a digital copy of the Contractor's Guide to OCIPs, a
handy reference that provides guidance on 39 issues contractors should
consider when accepting coverage through a wrap-up or controlled insurance
program. This publication was prepared by the OCIP Task Force of the AGC of
America.