MLchartDataset catalogue

Carmack amendment

Term · Insurance and risk management · MLC-T-INS-000689

A federal law that governs the liability of common carriers for loss or damage to goods transported in interstate commerce. It establishes uniform rules for carrier liability, generally holding the carrier responsible for full actual loss unless specific exceptions apply. This amendment preempts state laws regarding cargo liability for interstate shipments.

Table 1. Record
IdentifierMLC-T-INS-000689
FieldInsurance and risk management
SubjectCommercial Auto
Record as JSON 
{
  "id": "MLC-T-INS-000689",
  "term": "Carmack amendment",
  "field": "Insurance and risk management",
  "definition": "A federal law that governs the liability of common carriers for loss or damage to goods transported in interstate commerce. It establishes uniform rules for carrier liability, generally holding the carrier responsible for full actual loss unless specific exceptions apply. This amendment preempts state laws regarding cargo liability for interstate shipments.",
  "subject": "Commercial Auto",
  "url": "https://mlchart.com/terminology/insurance/carmack-amendment/"
}

Record 458 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.