Voluntary Revocation of Operating Authority: Q&A from FMCSA

    Posted by MAIA on May 14, 2020

    RegNewsVoluntaryRevocationImageMany companies that operate apportioned, plated tractor trailers registered under IRP have suspended operations, and may be considering voluntary revocation of their operating authority. The Federal Motor Carrier Safety Administration (FMCSA) has received numerous questions about this, and agents may be getting questions about the related insurance ramifications. The FMCSA has created a Q&A sheet, which offers guidance to help you advise customers who may be considering this option. 

    Voluntary Revocation of Operating Authority Registration Questions and Answers

    This downloadable, printable Q&A sheet explains the process of voluntarily revoking a company’s authority, which may be an option for some companies. Questions include:

    • Am I still required to file proof of financial responsibility or insurance?
    • How do I voluntarily revoke an operating authority registration?
    • How do I restore my company’s operating authority registration if I voluntarily revoke it?

    FMCSA COVID-19 Resource Page

    For additional information on FMCSA safety regulations related to the COVID-19 emergency, visit their website at https://www.fmcsa.dot.gov/COVID-19

    PLEASE NOTE:  While accurate to the best of our knowledge at the time of publication, information is constantly changing!  For the latest information, please check the RMV's official webpage:  RMV COVID-19 RESOURCE PAGE

    For Registry-related questions, you may also contact MAIA's Member Relations Advocate, Kathy Cormier, at kcormier@massagent.com or 508-634-7353. 



    Topics: The Massachusetts Agent, Industry News, 2020, COVID-19

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