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CSA 2010 - A Safety Program for the Future

Comprehensive Saftey Analysis 2010, or CSA 2010, is a major Federal Motor Carrier Safety Administration (FMCSA) initiative to improve the effectiveness of FMCSA's compliance and enforcement programs. Its ultimate goal is to achieve a greater reduction in large truck and bus crashes, injuries, and fatalities, while making efficient use of the resources of FMCSA and its state partners.

CSA 2010 is the new method by which FMCSA and its state partners will manage compliance and enforcement programs. This new model will feagure a more comprehensive measurement system, a safety fitness determination methodology that is based on performance data and not necessarily tied to an on-site compliance review, and a broader array of progressive interventions.

For more information, visit the FMCSA website here: CSA 2010.

As always, your Truck Writers agent is prepared to help you with CSA 2010 or any of your other industry and insurance needs!


VALUED POLICY
A policy under which the insurer pays a specified amount of money to or on behalf of the insured upon the occurrence of a defined loss. The money amount is not related to the extent of the loss. Life insurance policies are an example.
VANDALISM
The malicious and often random destruction or spoilage of another person's property.
VARIABLE ANNUITY
An annuity whose contract value or income payments vary according to the performance of the stocks, bonds and other investments selected by the contract owner.
VARIABLE LIFE INSURANCE
A policy that combines protection against premature death with a savings account that can be invested in stocks, bonds, and money market mutual funds at the policyholder's discretion.
VIATICAL SETTLEMENT COMPANIES
Insurance firms that buy life insurance policies at a steep discount from policyholders who are often terminally ill and need the payment for medications or treatments. The companies provide early payouts to the policyholder, assume the premium payments, and collect the face value of the policy upon the policyholder's death.
VOID
A policy contract that for some reason specified in the policy becomes free of all legal effect. One example under which a policy could be voided is when information a policyholder provided is proven untrue.
VOLATILITY
A measure of the degree of fluctuation in a stock's price. Volatility is exemplified by large, frequent price swings up and down.
VOLCANO COVERAGE
Most homeowners policies cover damage from a volcanic eruption.
VOLUME
Number of shares a stock trades either per day or per week.
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