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Under the Graves Amendment, car rental operators have the right to subrogate on liability payments caused by your renters. Are you exercising this right to lower your loss runs?
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With some 700 attendees this year, the Car Rental Show demonstrated the renewed vigor in the domestic market and the industry’s rapid international growth.
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The law, which was passed in 2005, had been challenged by the Association for the American Justice in September through a petition for review.
Read More →Graves Law, originally passed in 2005, prohibits states from imposing vicarious liability on non-negligent owners of rented and leased vehicles. A group of lawyers recently filed a petition for review and responses to the petition are due by Oct. 21.
Read More →In Vargas v. Enterprise Leasing Co., the Florida Supreme Court rejected the plaintiff's argument that Florida statutes that set caps on vicarious liability are "financial responsibility laws" that are preserved by the Graves Law.
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Faulkner brings more than 35 years of experience in car rental, as a corporate area manager, franchisee, independent RAC owner and legislative advocate.
Read More →Alberta's new regulation will limit the liability of non-negligent owners of vehicles operating under both long-term lease and short-term rental agreements.
Read More →TRALA President and CEO Tom James testified before Congress Tuesday in support of preservation of the existing federal law, known as the Graves/Boucher Law, which preempts states from imposing vicarious liability on owners of rented and leased vehicles.
Read More →The appeals court upholds an earlier ruling that GMAC could not be held for vicarious liability or negligent entrustment claims.
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Are increases in negligent entrustment lawsuits a result of injured plaintiffs blocked by the Graves Amendment?
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