Edward B. Rust Jr

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Edward B. Rust Jr. Chairman of the Executive Committee U.S. Chamber of Commerce Board of Directors Chairman and Chief Executive Officer State Farm Mutual Edward B. Rust Jr., chairman of the executive committee of the U.S. Chamber board of directors and chief executive officer of State Farm Mutual and its principal affiliates, is nationally recognized as a leader of business community efforts to improve the quality of education in the United States. He is a member of Business Roundtable and The Financial Services Roundtable and co-chairman of the Business Coalition for Student Achievement. He serves on the boards of America’s Promise Alliance and the James B. Hunt, Jr., Institute for Educational Leadership. In addition, he is a member of the boards of directors of Caterpillar Inc., Helmerich & Payne, Inc., and McGraw-Hill Companies. Currently, he serves as a trustee of The Conference Board, the Committee for Economic Development, and Illinois Wesleyan University. Rust is former chairman of the Business-Higher Education Forum and Business Roundtable’s Education Initiative. He served on the National (Glenn) Commission on Mathematics and Science Teaching for the 21st Century and on the No Child Left Behind Commission. He was co-chair of Business Roundtable for more than seven years. He is also past chairman of the American Enterprise Institute, The Financial Services Roundtable, the National Alliance of Business, and the Insurance Institute for Highway Safety. A graduate of Illinois Wesleyan, Rust has a Juris Doctor degree and a master’s of business from Southern Methodist University. He joined State Farm in 1975 at the company’s Dallas, Texas, regional office. He became president and chief executive in 1985 and was elected chairman of the board two years later. He and his wife, Sally, have one son. 1615 H Street, NW Washington, DC 20062 www.uschamber.com The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations. Rev. June 2013.

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Jim Stanton Leon Feazell Charles Bolcom
Jim Stanton Leon Feazell Charles Bolcom www.cooperscully.com © 2017 This paper and/or presentation provides information on general legal issues. It is not intended to provide advice on any specific legal matter or factual situation, and should not be construed as defining Cooper and Scully, P.C.'s position in a particular situation. Each case must be evaluated on its own facts. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Readers should not act on this information without receiving professional legal counsel. Terminology MCS - 90: “Endorsement For Motor Carrier Policies of Insurance For Public Liability Under Sections 29 and 30 of the Motor Carrier Act of 1980“ 49 C.F.R. §§ 387.7, 387.15 Statute and Regulations do not specifically reference “MCS - 90" Form created by the regulatory agency Formerly - ICC Abolished 1996 Now – FMCSA (Federal Motor Carrier Safety Administration) Part of D.O.T Terminology MCA - The Statute: Federal Motor Carrier Act of 1980 49 U.S.C. § 10101 et seq. FMCSR - The Regulations: Federal Motor Carrier Safety Regulations 49 C.F.R. Parts 300-399 Online: www.fmcsa.dot.gov/regulations Under Authority Secretary of Transportation, to provide requirements for operations and equipment of motor vehicles 49 U.S.C. § 14102 (a)(4) Purposes of MCS-90 Reasons MCA Enacted: Deregulate trucking industry Address abuses regarding public safety MCS - 90 Purpose: Assure vehicles, including leased, covered by authorized carrier’s insurance Mandate that carriers assume responsibility for vehicles, including leased. 49 C.F.R. §387.1 Mandate that insurance applies to vehicles, including leased, not on the policy.
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